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 […]
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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 […]
A Fresh Look at ACH
ACH, or Automated Clearing House, is a payment processing service that transfers funds between two accounts, two banks or two entities, typically within one to two days. ACH can be used for many types of financial transactions, including paying employees, accepting vendor payments, and processing ecommerce and overseas transactions. Consider ACH the Center of a […]
6 Questions You Must Ask When Choosing an Automated Payments Processor
A business that automated their payment processing has significant advantages in comparison to one that traditionally invoices and then waits for payment. Estimates vary regarding the cost of a traditional invoice from $3 to $8 per invoice. Consider two security alarm monitoring businesses. Both have 5000 customers they bill at an average of $40/month. ABC […]
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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