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The costs of running a business continue to rise, from the soaring costs of goods and services to higher employee wages, straining margins. So it’s no wonder that business owners face tough decisions: raise prices across the board or absorb the extra costs. Fortunately, when it comes to controlling the rising costs of accepting credit cards, there’s a solution that helps merchants offset transaction fees. It's called credit card surcharging, and it’s gaining momentum. In a 2022 survey by PYMNTS.com, about 80% of cardholders reported paying a surcharge.
READ MORECut the cord with PayJunction’s Portable Terminal that allows businesses to service customers and complete payment transactions away from a centralized checkout. The hand-held, mobile credit card reader lets you take payments anywhere near a Wi-Fi signal or cellular hotspot: in aisles, exam rooms, service floors, pop-up locations, curbside, and on the road.
READ MOREPayJunction swept up during the 2023 awards season, taking home three Gold Titan Awards, one Gold Globee, one Silver Stevie® and the Business Intelligence Excellence in Customer Service Award.
READ MOREWhat is a Card-On-File Transaction? The shift to digital interactions has sky-rocketed in recent years, primarily due to consumers’ increasing demand for fast, frictionless experiences. One area that has seen rapid adoption and growth is payments, driven by the rise of Apple Pay, Google Pay, PayPal, and Venmo, the ease with which a person can pay for goods and services. Companies like Uber, Lyft, Grub Hub and Instacart have made it the norm to pay without entering card details for each purchase. This is a practice called Credit Card On File. Payment Processing Demo Schedule 15 minutes with a payments expert Get a customized PayJunction product walk-through Understand requirements and pricing Determine your SAVINGS! GET DEMO NOW
READ MOREThis article was originally published on LinkedIn.
READ MOREWelcome to PJ University, where we teach you how to use PayJunction like a pro. We’ve made it easy for anyone, with or without technical coding knowledge, to integrate payment acceptance features into their software in minutes. Our No-code Payments Integration® streamlines payments and boosts productivity.
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