“All Work and No Play Makes Jack a Dull Boy”
Everyone needs a break sometimes, including (and especially) small business owners. However, it’s really hard for them to do that. According to a recent study conducted by Marriott Rewards Premier Business Credit Card, 25% of small business owners feel able to unplug and get away… but […]
Most Purchasers Use Plastic
If you’ve watched TV in the past few years, you’ll probably recall that credit card commercial with the tagline, “What’s in your wallet?” Nowadays, the answer to that question is probably not cash. In 2014, the San Francisco Federal Reserve reported that only 14% of consumer purchases were made in cash. Read […]
What Can You Do to Prevent Credit Card Fraud?
Online businesses face a number of challenges. They have to find ways to stand out in a crowded marketplace. Their customer service has to be top-notch, even though staff most likely never deal with shoppers face to face. And they have an obligation to protect themselves and […]
Mobile Payments and Microchip Credit Cards
Today’s consumer doesn’t always carry a wallet. However, he or she definitely carries a smartphone. And technology has become so advanced that people can now use an app on their mobile device to pay for goods and services.
Credit cards are becoming “smarter” too. Advances in microchips mean that customers no […]
Why Should You Switch from Accepting Signatures to PINs?
On October 1st, 2015, the US retail industry was supposed to reach a major milestone. That was the deadline for the switch to EMV credit cards with PINs. If retailers didn’t begin accepting those cards, they would be held liable for any fraudulent transactions. Before that date, […]
Are Your Customers Checking Out?
In this day and age, why would you go to a store when you can buy almost whatever you like at the touch of a button? That’s why by the year 2020, retail industry experts predict 189.4 million people will use e-commerce sites. However, just because they use them doesn’t mean […]
What Is a Mobile POS System?
Traditional POS systems are cash registers or terminals at which the customer pays and the machine records the transaction.
A mobile POS system is essentially a cash register or terminal on a mobile device. This technology enables merchants to accept payments wherever they are, as long as they’ve got a smartphone […]
EMV Credit Cards and Retail Security
A seismic shift took place in the US retail space in October 2015. Credit card-issuing banks transferred their liability for fraudulent transactions to merchants if those retailers didn’t accept EMV (chip and PIN) credit cards. In spite of their new obligation, only 37% of US merchant locations can accept these […]
Financial Reports and Online Business
When you run an online business and process credit card transactions, it’s easy to place a high priority on certain tasks and perhaps neglect others. One task that definitely shouldn’t fall by the wayside is carefully studying ALL financial data. More than cash flow and credit card fees. Tracking financial indicators […]
Processing Credit Cards on the Go
Accept Credit Cards for your Online Business
One of the best things about running an online business is that technology has improved to such an extent that you can be located anywhere and still stay connected. Do you have to travel to a trade show or meet with a client? No […]
