Our merchants are important to us- that’s why we go out of our way to educate and inform them on the ins and outs of the payment processing industry. We understand merchant services can be a confusing space for new businesses (and old companies too!). So please continue reading for an insightful blog on the industries we serve best.
Posted: by Bronte
More Businesses are Choosing Digital Payments – Find Out Why
As business processes turn increasingly digital, it’s more important than ever to be at the forefront of new technology. Internet marketing, electronic communications, and online storefronts all play a major role in modern business – and digital payments are no different. Many companies are now opting for digital transaction types for B2C and B2B payments, […]
The 8 Elements of Fraud to Keep an Eye Out For in Your Business
Each of the 8 common elements of fraud can leave a lasting impact on a business owner’s credibility and revenue. Vendors don’t just lose profits on their products or services, either. They must pay hefty chargeback and banking fees too. A 2016 study conducted by LexisNexis found that every dollar from a fraudulent transaction cost […]
Online shoppers look forward to an easy and convenient shopping experience when browsing the Internet and online stores. But if this is the case, why do so many shoppers end up abandoning their carts prior to checkout? This has been studied in length and there are many reasons why this may happen during the shopping […]
The Advantages of Having an Online Virtual Terminal Payment Option
You’ve probably used a physical credit card reader when making purchases at a retail store or restaurant. And, chances are, that have also shopped online and entered card information over the internet to purchase products or services through a payment gateway. Using credit cards at in these terminals is commonplace and most people have used […]
The Differences Between a Payment Gateway and Virtual Terminal
Whether you’re a successful business owner or an aspiring entrepreneur, you understand the importance of secure and seamless transactions. Nowadays, there are countless ways to receive compensation, ranging from over-the-phone payment to online, card-not-present payments. But do you know what the perks and drawbacks are of using each platform available to you? The two most […]
4 Best Practices for Handling Card Not Present Transactions
With the influx of advanced payment technology, card not present transactions have helped to increase the total revenue of businesses all over the world. But, as with all good things in life, there is a catch: The amount of fraud involving these transactions have also gone up. According to the US Payments Forum, card not present […]
Why Do CNP (Card not Present) Transactions Cost More?
Card not present transactions are becoming much more prevalent in consumer culture. They also make it nearly impossible to run a business without them. But on the flip side, they actually cost more for the merchant. But why is that? Unfortunately, it’s not such a simple answer. There are a few factors that are involved […]