Invoice financing is a popular method of obtaining short-term business capital to run your business. Fundbox offers both invoice financing and traditional business lines of credit. While these types of loans carry large fees, they can be a great short-term financing option for businesses with bad or no credit. If you’re looking for working capit...

With the acquisition, its name changed to Adobe Commerce, though you may still see it referred to as Magento, even on Adobe's site. In this review we’ll dig into Magento / Adobe Commerce, including its main features, benefits, customizations, integrations, and payment options. You’ll get a good overview of what the platform can offer you and the...

Sometimes called “ghost authorizations,” misused authorizations are transactions that are neither settled nor reversed properly. The fee attempts to cut down on such authorizations. Therefore, if you don’t follow a Visa authorization with a matching clearing transaction, you’ll incur the Misuse of Authorization Fee. You could also incur the fee ...

We’ve previously discussed invoice financing, in which a company uses your business’s outstanding invoices as collateral to finance a loan. BlueVine takes this concept one step further by offering invoice factoring. The company partners with FundThrough to provide more capital and flexibility. In this BlueVine review, we'll look at what that ent...

Note: As of 2023, Behalf's website is not active, nor is its partner page with Amazon AWS, and it appears that the company may no longer be operating. We're leaving this article for historical purposes at this time. It’s similar to companies offering point-of-sale loans to finance purchases (see our Affirm review for more info on purchase loans)...

Technically, there are two of these fees: the credit voucher fee and the Base II Credit Voucher Fee. The difference is that the Base II Credit Voucher Fee applies to US-based transactions. From there, the fee is split into Credit Voucher Fee (Debit), Credit Voucher Fee (Credit), Base II Credit Voucher Fee (Debit), and Base II Credit Voucher Fee (Cr...

Essentially, it applies under the same circumstances as the Cross Border Fee (domestic). One or both fees can apply to the same transaction. Mastercard currently sets the APSF at 0.85%. Assessment Fees A non-negotiable component of credit card processing costs, “assessment fees” go directly to the credit card companies. You’ll pay these fees ...

Affirm is one of the new wave of companies offering point of sale loans to finance purchases. Ticketing service Eventbrite, retailers Wayfair and Casper, and travel site Expedia offer point of sale financing. Essentially, when a consumer checks out on a website, they have the option of paying by taking out a loan from Affirm for the amount of their...

If consumers don’t update their details, it becomes very difficult for businesses to collect payment. This is especially true of online businesses and subscription services, where the card is not present. Without valid card details, requests for payment will be denied and chasing down consumers can be time-consuming and expensive. If you’ve already...

Let’s look at the pros and cons of PIN on glass and what you need to know if you’re considering using for PIN debit card acceptance at your business. What is PIN on glass? It’s basically what it sounds like – a way for customers to enter their PINs on a screen as opposed to using a dedicated PIN pad. PIN on glass makes it possible for your bu...