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.

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:

10 Terrific Tips for Online Invoicing

An invoice is sometimes the last contact you will have with a client after you have finished a sales transaction. A company's invoice should be detailed, easy to understand, and professional. One great method for ensuring your invoice is an accurate reflection of your business is using an online invoice provider with expert looking invoicing templates and easy to use forms.

5 Simple Steps to Get Paid Faster

A receivable cannot be used to help grow or sustain your business until it has been paid. Most reputable companies consistently pay on time; however there are some that just can't seem to stay on top of it, regardless of their good intentions. This article will give you some powerful tips to help you turn your invoice into a payment quicker, so you can reinvest it back into your company.

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.

Gain More Customers by Accepting Mobile Payments

Unless your business is fixed in a store or shop or in your home, you're going to need to accept mobile payments for when you're doing business on the go or in the field. With industry technology becoming more reliable and more affordable every day, there's no reason not to accept mobile payments.

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.

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.

Selecting the Right Payment Processing Solution

Consumers want multiple ways to pay. But choosing the best payment processing solution for your business can be confusing, with so many options and providers. Here are 5 easy steps to follow when researching what is the best solution for your business—and your customers.

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