“Service” Posts

PayJunction Reviews Highlight Exceptional Customer Service

PayJunction Reviews Highlight Exceptional Customer Service

At PayJunction, we believe a healthy business cannot exist without happy customers. In the spirit of Thanksgiving, we’ve compiled a number of customer support “love letters” earned in 2016. We appreciate these customers for letting us know how we’re doing. PayJunction has no contract for service, meaning we earn our customers’ business each and every month. It’s a core tenet we believe in, one of mutual respect and partnership. This Thanksgiving, we're grateful for our current customer base and new businesses that partner with us to achieve better service and more transparency in the payments industry. PayJunction…

Fitbit Pay and the Rise of Wearable Payment Technology

Fitbit Pay and the Rise of Wearable Payment Technology

If wearable technology is simply a fad, it’s certainly doing a good job of sticking. According to the Kleiner Perkins 2017 study on Internet trends, 25 percent of Americans own a wearable device, and 102 million wearables were shipped globally in 2016. No longer considered a mere toy of the modern age, wearables are increasingly popular and functional. But first, what is wearable tech? By definition, wearable tech (or “wearables” for short) are gadgets that can be worn and offer the wearer a heightened level of connectivity due to smart sensors and built-in web and smartphone connection. Businesses, which…

6 Questions to Ask If You Don’t Understand Your Merchant Statements

6 Questions to Ask If You Don’t Understand Your Merchant Statements

We understand that trying to read your merchant statements can range from frustrating to downright impossible. We can relate to this even though our risk department reviews hundreds of merchant statements every month. Our combined years of experience analyzing merchant statements have allowed us to identify the following six questions which we encourage every business owner to consider. Rather than surrender to the complexity of your merchant statements, do what’s best for your business and seek answers to any questions you have. Not doing so could cost your business thousands of dollars in hidden fees and unethical billing. Do…

The True Cost of Paper Checks

The True Cost of Paper Checks

Since 1865, checks have played a pivotal role in the United States payment system. Checks were the only non-cash option for the first 100 years of its existence, until credit cards were introduced in the 1950s. As payment technology has evolved, the need for checks has diminished — but the costs have remained. Here are three ways paper checks could be costing your business more than you realize: Money – According to NACHA, it costs on average $1.22 to process a paper check, which accounts for manpower and various other costs. Overall, checks are “a burden on the economy,” according to…