Business

payment processing strategy

3 Essential tips to optimize your payment processing strategy for successful new year

Whether you run a small business or a large-scale venture, a solid payment processing strategy is important for achieving overall success. Using lower quality payment processing systems or lacking a fundamental understanding of how these systems should work often causes businesses to struggle to meet their goals. In fact, this can even have disastrous effects […]
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virtual terminals

10 Benefits of Virtual Terminals

Businesses are as special as the people that start them, and all businesses differently. However, it doesn’t matter if you own a brick-and-mortar or an eCommerce store, one need is common for businesses of all kind: The ability to accept digital payments easily, efficiently, and securely. Businesses deserve the ability to accept all type of […]
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interchange

Interchange Downgrades and How to Avoid Them

The word “downgrade” is generally defined as “to reduce or diminish”, but it has a particular meaning regarding payment processing transactions that most people might not be familiar with. As a merchant, it’s important for you to know what an Interchange Downgrade is and how it can impact your profits. Once you understand what these credit card […]
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The Do’s and Don’ts of Processing Credit Cards

PRE-SETUP DO’S Do research credit card processing solutions to gain understanding of how merchant services work. This includes research for specific business types, such as retail, e-commerce, and B2B. We offer resources on our website to help you get started. Do your initial research several months (at least 1 or 2) ahead of time, and complete your […]
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Tips for Preparing Your Business for the Holidays

A booming holiday shopping season is great news for businesses of all kinds. Still, it requires a thorough preparation process to handle the increase of customers, credit card transactions, and demands on your inventory that come with the holiday rush. In this article, we’ll help you run through a checklist to prepare your business for […]
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What Are AVS and CVV?

Merchants should verify the legitimacy of the payment transactions they process to prevent fraud. For card-present transactions, you can simply request valid photo identification and make sure that the name and face matches the cardholder. However, for card-not-present transactions, it is more complicated. Without a legal ID verification, it’s easier for ill-intentioned individuals to make […]
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