All Posts by Ursula Librizzi

The Future of Card Readers

The Future of Card Readers

Not long ago, businesses were processing credit cards with a carbon copy imprinter. Since then, the payment processing industry has taken major strides in advancing its technology, and it’s only changing quicker these days. The combination of smarter card reader technology and crafty fraud tactics means more shifts in credit card processing equipment for businesses to consider. Here, we outline three trends for businesses to keep in mind as they invest in newer (and more expensive) readers: Card Readers Must Be EMV Capable By now you’re likely aware that mag-stripe cards are getting phased out and EMV-chip cards…

The State of Patient Payments in Health Care

The State of Patient Payments in Health Care

Digital convenience is driving a change in consumer habits. Combine that with the shift to high-deductible health plans, and the result is patients paying more attention to the quality, cost and amenities available to them around the care they receive. Patient Payment Trends Zirmed and Navicure published the 2018 Patient Payment Check-Up survey report which provides key insights into financial collections, communications and methods across both patients and providers. Here’s what we found interesting in patient trends: 1. The desire for digital payment options is growing across age groups. As you might expect, younger patients continue to seek digital…

3 Tips for Mastering Your Merchant Processing

3 Tips for Mastering Your Merchant Processing

Are you just starting to research merchant processing for your business? Are you looking to improve your current setup? Either way, we’ve got the tips and tricks to take your business to the next level. Follow these three tips to master your own merchant processing: Choose a flexible provider. There’s nothing worse than having little to no control over what you get from your merchant processing. Choosing a flexible provider can do a lot for your business. Some Merchant Service Providers lock customers into lengthy contracts with costly early-termination fees to ensure continued business. A flexible provider will…

How Merchant Account Providers Help Your Business

How Merchant Account Providers Help Your Business

Most people instantly associate Merchant Account Providers with fees, but they often overlook how providers help businesses. Fees are a nonnegotiable when it comes to using a provider, so why not capitalize on the perks? Here are five ways Merchant Account Providers can help your business: You gain a payment processing liaison. With a cash-only business, you’re essentially on your own when it comes to managing transactions. Sure your bank can help to a degree, but it isn’t involved in or even aware of your everyday payment activity. Merchant Account Providers enable your business to accept credit cards…

Understanding Merchant Credit Card Processing

Understanding Merchant Credit Card Processing

No matter what side of a credit card transaction you are on, it’s likely you have a basic understanding of the process. The card is run, it’s either approved or declined, and a day or so later the customer has a new charge on his card history, and the business receives the funds. On the surface, merchant credit card processing is that simple. But peel back the layers and it gets more complex. To provide a deeper understanding of the entire process as well as elements that can impact it, we’ve outlined three things to know to…