Include Mobile Payments in Your Marketing Strategy

Though incorporating mobile payments into your business model can help you lower costs associated with point-of-sale hardware and improve operational efficiency, they also provide...

How to Protect Your Business from Credit Card Fraud

Credit card fraud is a form of identity theft wherein an individual uses another person’s credit card information to charge purchases, or to withdraw...

How to Make an International Wire Transfer

A Wire Transfer, also known as a Credit Transfer, is a type of electronic fund transfer from one individual or business to another. It...

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:

The Basics of PCI Compliance

Depending on how many credit card transactions your business processes every year, you are subject to different levels of certification from the Payment Card Industry, or PCI. Compliance is achieved and maintained through important security measures.

Improve Your Customer Service to Prevent Chargebacks

A smart merchant will accept a chargeback as what it is: a learning opportunity. It is a chance to evaluate and enhance your customer service.

Lowering Online Fraud to Lower Transaction Fees

Fraud risks are a significant driver of transaction fees, especially for merchants who process payments online. Merchant processors will assess your fraud risk exposure on a number of factors, and there are security measures you can put in place to reduce your transaction fees.

9 Essential Policies to Improve Your Internal Collections

As a commercial collection law group, we are always asked by small business owners about the best practices for internal collection efforts. Here are...

Almost 70% of Smartphone Users Expect to Use Mobile Pay in 2017

Digital trends publications have predicted that 6.1 billion people will be using smartphones by 2020, which is more than two thirds of the world’s...

The Future of Contactless Payments for Businesses and Consumers

During the last few years, the way we pay for everyday products has changed dramatically. After saying goodbye to the signature, the era of...

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