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credit card
Credit Card Fraud Alert
New Credit Card Fraud Can Ruin Your Business Instantly One of the newest forms of credit card fraud can destroy a business’s reputation with customers and potential customers, as well as the business itself, overnight. The new scam is called “credit card spinning” or “credit card testing.” This is how it works: How They Do...
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Electronic cigarette on a background of vape shop
Most businesses have a pretty easy time setting up their merchant accounts for processing credit and debit cards. And since three in 10 Americans say they don’t make a cash purchase at any point during a given week, having good card processing is imperative for doing business. Unfortunately, things are a little different for vape...
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Ecommerce Website and Credit Card Payment
The e-commerce sector is currently riding the crest of a big wave. At the beginning of 2020, this growing area of retail was being tipped for yet another record-breaking year. But no one could have predicted where e-commerce would be by the end of such a chaotic, unprecedented time, dominated by the coronavirus pandemic that...
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Woman holding credit cards
Selecting the right payment processing service is one of the biggest decisions a business owner will make. To avoid costly mistakes and find the payment solution that best meets your needs, you should know the available pricing models and how they impact your rates. Understanding the different credit card processing fees and being able to...
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In the modern world, more business is being done online and fewer customers are carrying cash. Companies are recognizing the importance of offering additional, flexible and, preferably, paperless payment options. And collection agencies are no exception. With consumers using a credit card for nearly one-quarter of transactions, collections credit card processing is a good decision...
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With the rise of e-commerce, online payment fraud has also increased, becoming one of the most frequently occurring and damaging illegal activities on the internet. In fact, experts estimate that e-commerce credit card processing fraud could top $25 billion by 2024. E-commerce payment fraud encompasses almost any kind of unauthorized or illicit online transaction made...
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In an increasingly contactless world, more and more business is being done remotely. Merchants need to keep up with their customers, and a virtual terminal for credit card payment processing can help them expand their options and grow their business. Enabling greater convenience, mobility and efficiency, virtual terminals optimize business operations. These modern systems make...
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For business owners, credit card processing is an occupational hazard, and for many, an irritating, unclear and expensive one. While card processing is quite literally one of the costs of doing business, it doesn’t have to be as high a cost, or as confounding an experience, as you might think.  Any time a merchant accepts...
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In 2017, half of all Americans said they usually did not carry cash, rarely used it, and given a choice between paying someone with paper money or an app, would choose the digital option. And that was before COVID-19. More than ever, we are living in a paperless world and a contactless society. For businesses,...
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