Credit Card Processing Archives

Tips to Avoid Credit Card Fees

By Marcela De Vivo | Jun 27, 2013

Small businesses rely on credit card sales and payments to grow and move forward; however, many small business owners can feel the weight of high credit card processing fees pushing down on them, especially in lean economic times.

What It Takes to Start and Run a Secure Business

By Monica Hamilton | Jun 20, 2013

Whether you are thinking about starting a business, in the process of launching one, or are a seasoned SMB veteran, one item that should always be on the top of your to-do list is SECURITY. Cyber security should be a priority for any small business because, by the time a breach is discovered, it’s already too late.

Understanding Alternatives to Typical Credit Card Merchants

By Valerie Wilson | Jun 18, 2013

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.

Avoiding Charge-Backs

By Bluefin.com | Jun 11, 2013

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.

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

By Bluefin.com | Jun 11, 2013

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

By Bluefin.com | Jun 11, 2013

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:

Gain More Customers by Accepting Mobile Payments

By Andrew Lisa | Jun 6, 2013

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

By Bluefin.com | Dec 18, 2012

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

By Bluefin.com | Dec 18, 2012

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

By Bluefin.com | Dec 18, 2012

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.