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Featured Resource: Assess Your
Merchant Statements
Using old-school terminals forces you to manually tally profits, sales and transaction totals month over month and year over year. If you need quarterly reports, you must compile totals per terminal and per department for three consecutive months. Bottom line: Old-school terminals don’t produce sufficient data for your business reporting.
READ MOREEditor's Note: In 2021, Visa introduced a legitimate classifications of 'Non-Qualified Consumer Credit' and 'Non-Qualified Commercial Credit.' However, if you see Non-Qualified for other card types (Mastercard, Discover, Amex) it is still considered a hidden mark up fee.
READ MOREWe’ve all been there. You’re sorting through receipts and one catches your eye. You think ‘What is this for? What did I even buy?’ You search the receipt for any minuscule clue to jog your memory. Nothing. Now you’re panicking over an unrecognizable $150 charge.
READ MOREPayJunction provides business owners with helpful features like cards on file and electronic signature capture. These features go above and beyond the old-school technology many businesses still use, but they naturally lead business owners to ask, “How is this secure?” They may also ask themselves, "What is PCI compliance?"
READ MORERetailers saw their biggest Cyber Monday ever in 2016, according to Forbes. Your rebuttal might be, “But that’s an online shopping holiday! How large is electronic commerce (e-commerce in shorthand) overall?”
READ MOREUnfortunately, unethical Merchant Account Providers are constantly conjuring up new ways to hide fees and make more money off their customers. Part 5 of this series covered one way providers can be deceptive when your business runs returns. In part 12, we will further explore unethical issues related to refunds. 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
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