Avoiding Charge-Backs

A charge-back is a credit card processed sales transaction that occurs when your customer disputes the transaction or when you fail to follow proper credit card acceptance and authorization procedures. The result of a charge-back is a reversal of the transaction, the withdrawal of funds from your merchant account and a deposit of the funds back into your customer's account.

Is Your Invoice Clear and Complete Enough?

Customer invoicing is a vital part of business operations that directly affects a company's customers and vendors, as well as the company itself. Invoicing sounds like a simple procedure, but it can get quite complicated, depending on the circumstances.

Chargebacks: Don’t Let Technology Hurt Your Business

Usually within just a few shorts months of entering the business world, most owners are confronted with a chargeback. If they didn't know what a chargeback was before, they quickly come to loath these financial nightmares.

4 Different Payment Methods for Your Small Business

One method to maximize sales (and success) of your small business is to offer various payment options. By doing this, you are giving your...

Cash Flow Management Tips

Did you know that you could be showing a profit and still be going bankrupt? It's true. The definition of bankruptcy is running out of cash. Why are profits and cash flow often very different at a point in time? Here are five common reasons and what you can do about them.

Business Categorization, Industry, Location, and the Impact on Merchant Rates

There are many factors that will determine what kind of fees you are charged by your processor. There are some factors that you can control, such as limiting charge-backs and fraud exposure, and others that you cannot, such as how you accept payments, your industry, and your physical business location.

Why Small Businesses Should Use Electronic Invoicing and Payments

The old basic billing and payment system not only took significant time to generate invoices, but due to traditional mailing methods, it also took a great deal of time before the invoice was in the hands of the client.

Understanding Alternatives to Typical Credit Card Merchants

Most of us have heard of eBay's PayPal, but that was just the tip of the iceberg. Consider the trajectory of the corded phone attached to the wall to Bluetooth technology. The way we take credit cards online is traveling through the same kind of historical shift in a comparable way.

Factors That Determine the Transaction Fee Effective Rate

Transaction fees, also called effective rates or merchant fees, are fees that are charged to you by your payment processor on each transaction processed. The fee includes the bank interchange, the credit card association fees, and the processor fee. There are several factors that will determine your transaction fees:

7 Things to Consider When Evaluating AP Automation Solutions

So, you are ready to evaluate accounts payable solutions and decide the right fit for your business. It is you who has to determine...

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