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The short answer: yes, when done correctly. The longer answer is that there’s a lot of confusion about the difference between “cash discounts” and “surcharges,” or “checkout fees” and that confusion has led to labeling surcharge programs as cash discount programs. Let’s look at the differences between the two and how you can stay on …
Cash Discounting for Credit Card Fees: Is It Legal? Read More »
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However, it’s not quite what you’re thinking. The Stripe Terminal solution allows businesses to build their own card-present checkout system by programming it with pre-certified card readers. The company calls it an “API-driven solution” and says that it’s geared toward tech-savvy businesses with both online and offline selling channels. If you’re not tech-savvy (or don’t …
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“High risk” in this case isn’t a reflection on your specific business. It’s just a reality of your industry. It also doesn’t mean that you can’t get a good solution for your business, it just means you’ll need to be aware of restrictions on high risk, as well as what to look for when evaluating …
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In this article, we’ll clear up these credit card processing misconceptions to help you avoid common pitfalls and misleading sales spin. Misconception 1: Flat Rate Pricing is the Cheapest Flat rate pricing, where a processor offers you a fixed rate for transactions, looks simple. Instead of various interchange rates, you’ll just see one rate. Companies …
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Rosy is cloud-based software, meaning you won’t install it locally on a computer. Instead, you’ll be able to access your information from almost any device. You can use it both for service-based functions, like booking appointments, and retail functions like selling products in the salon. A number of features come as part of the “standard” …
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OmniShield Assure is a PCI and security program. The company says that the main benefits are improved security and reduced financial risk. If you’re paying for the program, you’ll probably see it on your statement among other monthly fees. Note: OmniShield Assure was originally created by Vantiv, which was purchased by Worldpay. Then Worldpay was …
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It’s the best of both worlds: the convenience of QuickBooks and more competitively priced credit card processing. There are many processors that offer integration with or data export for QuickBooks, eliminating manual transaction entry. However, different processors utilize different integration methods and some may not work with your version of QuickBooks. In this guide, we’ll …
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If you’re running a business that sells a medication, product, or supplement that makes a health claim or treats an illness, you’re in ‘pharmaceuticals.’ In this explanation of high risk merchant accounts for pharmaceuticals, we’ll explain the various categories involved and help you determine the right credit card processing solution for your business. Why are …
