If you sell products online but don’t have a payment software integration solution, you could be leaving money on the table. Customers tend to shop more with websites that allow them to pay without a third party payment processor. Here are five reasons you should consider getting payment software integration. 1. It Makes Customers Trust […]
Tag Archives | credit card
Merchant Services Terms You Need to Know
Whether you’re just getting started using a wireless credit card terminal or you’ve been with a merchant services provider for years, it can be helpful to understand certain key merchant services terminology. Here’s a rundown of some basic merchant services terms you should know. Automatic Check Handling (ACH) Automated Check Handling, also known as ACH, refers to […]
Consumers Prefer Credit Cards Over Cash
Cash is No Longer King – Consumers Prefer Credit Cards With the average consumer using a credit card 119 times in a year, it should be no surprise that cash is no longer king. Being able to use a credit card virtually anywhere –online or off–makes it the payment method of choice for the majority of […]
Are electronic transactions safer?
AutoPay via ACH or credit card versus writing a paper check: Are electronic transactions safer? Bill payment via paper checks have been around a long time [1959 was implementation of MICR ink making automated sorting possible]. Fraud and/or theft were not considered issues that had to be dealt with so verification/authentication measures have not been […]
Mobile Payments – The Future of Mobile Payment
Mobile Payments, what is the future? We’ve long been hearing stories about how folks in Europe and Asia are using their smartphones to pay for goods and services, yet we still haven’t seen the same adoption of mobile payments here in North America. Are we relegated to phone payment envy, or do we have mobile […]
Your Best Payment Gateway – Where Is It?
Not all payment gateway solutions are created equal. In fact, what one person thinks is a best payment gateway may be entirely different than what another thinks. In short, a payment gateway facilitates the transfer of payment information from a point of origination to the back-end card processor, or in the case of an ACH transaction, to the […]
8 Benefits of Accepting Credit Cards
As a small business owner, you might be on the fence about accepting credit cards. After all, it costs money to do so, right? And maybe you don’t do enough business to justify signing up with a credit card processing company. On the other hand…maybe that’s why you don’t do enough business: because you don’t […]
Building your Competitive Moat
Warren Buffet likes to invest in companies with a competitive moat. That is, their product, service or brand name presents competitors with significant barriers/problems in order to compete. Software developers are constantly under pressure- Pressure from competitors in their market space, from customers with “special needs” and from their own company to produce the next […]
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