“Business Tips” Posts

Painting Over A Tiger's Stripes: Deceptive Name Changes in the Payment Industry

Painting Over A Tiger's Stripes: Deceptive Name Changes in the Payment Industry

One of the most disturbing trends in the payment industry isn’t anything new — in fact, it has been around since the inception of payment processing. In recent years, it seems to have become a consistent practice, and this deception is costing businesses millions of dollars in lost efficiencies and revenue. We’re referring to companies that simply change their names. Sure, they publish a press release explaining the change, but the fact of the matter is there are only two reasons why a payment processing company would change its name: They want to deceive you into thinking they are…

Grow Your Business By Offering an Ecommerce Credit Card Processor

Grow Your Business By Offering an Ecommerce Credit Card Processor

As a business owner, you’ve probably lost count of how many times you’ve heard that e-commerce is the way of the future. At the same time, with in-store spending at brick and mortar locations predicted to make up nearly 90 percent of all retail sales in the United States in 2019, you might also be wondering whether e-commerce is overhyped. The short answer is it’s not. Though online sales, whether from desktop or mobile devices, might only represent a small percentage of business right now, here are six key reasons why offering an ecommerce credit card processor…

Are EMV Chip Readers Mandatory?

Are EMV Chip Readers Mandatory?

In the wake of the liability shift, many businesses that process credit cards and providers in the payments space scrambled to become EMV compliant. Since the introduction of EMV chip readers, there has been much back and forth on whether EMV chip readers are mandatory and whether they have any implications for certain parties. Below, we set the record straight for those still confused about EMV chip readers and their related requirements. EMV Chip Readers and Businesses Businesses that process credit or debit card transactions are not legally required to have a functioning EMV card reader in their store. So,…

4 Interesting Payment Processing Solution Trends

4 Interesting Payment Processing Solution Trends

We’ve come a long way since the day when payment options came down to the simple question of “cash or charge.” Whether your business is brick and mortar or online, there are numerous forces shaping your options for payment processing, from changing consumer preferences to new technologies. Trends for payment processing are evolving, and staying on top of the industry is important for providing secure, convenient customer experiences that also reduce your own business risks. Here are four interesting payment processing solutions to watch that can help you deliver simpler, faster and more seamless payment experiences that align with…

How Accepting Credit Cards Can Benefit Your Business

How Accepting Credit Cards Can Benefit Your Business

Whether you’re just starting out or have been in business for years, you may be toying with the idea of accepting credit cards. Sure, getting started may seem daunting. You have to apply for a merchant account, purchase a card reader, possibly add on some additional software and, on top of all that, hope you have customers who want to pay by card. If you’re on the fence, we can say with confidence you’d be doing your business a disservice by not giving your customers the option to pay with a credit card. Coming from a Merchant…