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Tap on phone (or tap to phone as Visa calls it and tap to mobile for Amex and Discover) is a contactless payment method where customers tap a seller’s smartphone instead of a credit card machine to pay. You may also hear this referred to as “SoftPOS” short for software POS. In other words, a …
The Rise of Contactless Payments and Tap on Phone Read More »
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However, Zettle isn’t only for businesses that take cards in various locations. The readers can also be paired with an iPad and accessories to create a sleek, modern point of sale system in a fixed location. In this PayPal Zettle overview, we’ll go through the features, hardware options, and costs to help you determine if …
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It’s a common situation – you’re considering a new credit card processor, maybe browsing a website or talking to a salesperson, when you’re offered a savings analysis. Perhaps you get a cold email from a processing rep. The website text or salesperson says that it’s free and will show you how much you can save …
The Dangers of Credit Card Processing Savings Analyses Read More »
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As swindlers find it more difficult to rob consumers by impersonating them at brick-and-mortar registers or by skimming their card information, they’re turning to online card-not-present attacks. The Fraud Picture A December 2018 survey by global data and analytics company Lexis-Nexis Risk Solutions found that online fraud attempts had risen by 35 percent from a …
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Credit card processing isn’t cheap. But it doesn’t have to be as expensive as many business owners think. In this article, I’ll cover the different types of price increases, which ones are avoidable, and how to stop them. Types of Price Increases When your processing rates go up, it could be because Visa and Mastercard …
My Credit Card Processor Raised My Rates – Now What? Read More »
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The method to go about choosing the right credit card processor is very similar whether you’re taking cards for the first time or switching processors from your existing solution. The only real difference is equipment considerations. This article will go over what you need to look for (and avoid!) in order to choose a merchant …
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In the past, Clover’s focus had been small, quick-service restaurants. Now the company is turning its attention to full-service restaurants, a vertical that requires wider functionality. Clover is owned by Fiserv (formerly First Data), which owns the STAR network that processes about one-third of all U.S. debit cards. Although Clover comes with a small range …
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It’s not about brand recognition, star ratings, or exhaustive spreadsheets comparing rates. It’s about knowing what to look for that meets the needs of your specific business. Here’s what the savviest business owners know about credit card processing. Use their secrets to find the best account for your own business. 1: They Know that Right …
3 Things Savvy Business Owners Know About Merchant Accounts Read More »
