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The right credit card terminal will help you achieve lower rates and protect your business from fraud. It would be silly to opt against using one if you take in-person transactions, so the vast majority of business owners do.
READ MOREInvesting in a POS credit card terminal carries obvious benefits. A combined 75 percent of consumers prefer to shop with a credit or debit card, so accepting credit cards opens your business up to a wider market than businesses that only accept cash. Some modern credit card terminals can also process alternative forms of payment, such as mobile payments. One downside is that researching credit card processing terminals can be daunting. What do you really need to know about EMV, NFC and PCI DSS?
READ MOREWhether you’re setting up a merchant account or reviewing your merchant statements, there’s a lot of terminology around merchant account fees. Below, we list and define the most common terms you’ll encounter.
READ MOREIf you’re eager to start processing credit card transactions for your business, you’ll need a merchant account. It's essentially a line of credit that enables a business to process credit and debit card transactions.
READ MOREFor starters, there are more rate plans for your business to consider than just Flat and Interchange plus pricing. That said, comparing too many options at once can be overwhelming; therefore, we’re going to focus on only two plans to simplify things a bit.
READ MOREHave you ever heard of Square, Stripe or PayPal? You might be surprised to learn that these recognizable names in the payments space are Payment Facilitators. There are numerous middlemen involved in credit card processing, and depending on your size and needs, different ones will prove most advantageous for you.
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