TheBlog

Category: payment-processing

13 December 2021

Colin Driscoll

Card Not Present Transactions: What You Need to Know

Card-not-present transactions are a form of payment where the cardholder is not physically present when completing the transaction. This payment type is popular with online retailers, including for high ticket business types. Most card-not-present transactions are made on an online platform, which means that the buyer sends their credit card information to the retailer through …

21 November 2021

Colin Driscoll

Card Processing Companies UK

Credit card companies or merchant service providers either supply aggregated or dedicated merchant account services. Aggregated merchant accounts will pool funds from different industries into one statement only to be refined while dedicated merchant accounts are chartered for your funds only. The best credit card processing companies UK are the following: Worldpay Worldpay is the …

16 November 2021

Colin Driscoll

Square vs QuickBooks

As an e-commerce business owner, you’re probably familiar with all the steps necessary to get your business up and running. You may even be starting to think about which tools you need to keep track of your income and expenses, ensuring that you are prepared for taxes at the end of the year. If so, …

02 November 2021

Andy Roth

Squareup

Square is a credit card payment processor for start-up businesses because it offers flat rate point-of-sale technology, and add-on options that broaden your business’s potential. The majority of the customers that utilize their offerings are small enterprises, and many of those are just getting started. If you are processing less than $1k/month, it may make …

02 November 2021

Andy Roth

Where To Save Money Within Your Business

Is your business spending too much money and not making enough of a profit? Consider the following ways you can save money and give your business a financial boost. Track Expenses Any time you spend money on your business, keep track of that receipt. At the end of the year, you will be able to …

26 October 2021

Colin Driscoll

Credit Card Fees

In every business transaction that involves a credit card, the processing charges eat into your total profits. We normally see the processing fees for most credit cards to be around 2% of every purchase – but the specific charges for each card are in the below list. Businesses have the potential to lower the charges …

27 September 2021

Colin Driscoll

Merchant Processing

Merchant processing or merchant services are how a business accepts payments, including credit card processing. What makes merchant services different from regular gateways is the service providers work with debit and credit card payments. Without them, you will have to go through manual processing in banks or ISO systems, which will take a lot of …

27 September 2021

Andy Roth

Treat Your Loyal Customers Like the VIPs They Are

As a business owner, you undoubtedly spend a great deal of time and money in an ongoing effort to attract new customers. This is all well and good; however, it would be a large mistake to ignore the loyal customers you already have. Consumer studies have shown that whereas a new customer has an average …

20 September 2021

Colin Driscoll

Cardpointe

Starting your own online business is an exciting prospect. However, regardless of what you choose to focus your business, you will need to cover one simple need. How will you accept payments and what is a virtual terminal? No matter what you sell or offer you’ll need to be able to accept payments to get …

13 September 2021

Andy Roth

What is a Surcharge?

Using a credit card is convenient. It helps track spending, reduces the need to carry cash, and many credit cards have rewards connected with them. However, it is common for such cards to have a surcharge attached to them too. This is a fee your customers get charged for the convenience of using a credit …