Payments and Collections
Go Where the Money Is: Be Ready for Universal Payments
There’s no doubt that your business should be diving into the world of universal payments. I want to take a little step back this time out and look at the broader issue of “universal payments,” which for my purposes will be mobile card readers and mobile wallets.
What Forms of Payment Should Your Small Business Accept?
The next time you’re out shopping and supporting the economy, take a quick look at the front door of the store you’re about to enter. There’s a good chance you will see a sign showing customers which forms of payment the business accepts, typically credit card logos.
Apple Anoints NFC Mobile Payments: Now People Will Finally Use It
Taking a spin through the roster of partnerships announced in the US alone, it’s clear Apple is going all in on Apple Pay. Where Google struggled to ink deals with major banks and card carriers, Apple has secured agreements with the big three credit cards.
Are Mobile Payments Right for Your Business?
Like most small business owners, you’re willing to try anything that will help you increase sales and help make your company a success. You may have tried new marketing tactics, networking, and even advertising. But have you considered mobile payments as a tool to help grow your business?
3 Things to Know Before Signing Up with a Merchant Card Processor
Looking to quickly grow your business and accelerate your cash flow? The solution is simple: accept credit card payments. To do so, you must first open a merchant account and sign up with a merchant card processor to process electronic payments and distribute them to the appropriate account.
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.
5 Ways Credit Cards Can Accelerate Your Small Business
Hesitant about accepting credit cards? Don’t be. They’re a fabulous way to boost your sales and grow your business. Here are 5 reasons you should consider accepting credit and debit card payments from your customers.
The Real Costs of Accepting Credit Cards
While accepting credit cards helps your business bring in more revenue, it does come with a cost. Don’t be shocked to find out after you start working with a merchant card processor that there are hidden fees.
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.
What to do When the Payment is Overdue?
You’re a small business owner, not a collection agency. You’re probably not all that good at or fond of dunning customers who don’t pay their bills on time. Unfortunately it’s a real problem and that reality should motivate you to become an expert in keeping your cash flowing in a timely manner.
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