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Left unchecked, these can be very expensive for retailers and merchants, with billions lost to card fraud every year. The minFraud service from MAXMIND aims to reduce or eliminate these risks and costs. It uses data points from over a billion transactions to create a risk score for any cards you’re processing. It can then …
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Let’s take a closer look at invoice financing and what’s involved. How does invoice financing work? Essentially, you’ll partner with a lender who will front you the money for an outstanding invoice and collect a fee. Depending on your arrangement with your lender, you may receive all of the money for an outstanding invoice balance …
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The executives, who worked for Commerce Payment Systems, are accused of perpetuating a scam against thousands of small businesses and obtaining more than $30 million through overcharging and deceptive tactics. In this article, I will lay out the allegations and show you how to avoid potential scam practices when choosing a credit card processor for …
Avoiding Fraud: Takeaways from the Commerce Payment Systems Scandal Read More »
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However, the rise of alternative payment channels has muddied the waters a bit, leaving some businesses confused as to why their transactions are card-not-present (CNP) when they expected card-present (CP.) Types of Transactions Firstly, let’s define “card-present” and “card-not-present.” More than just the physical presence of the credit card, a transaction is considered “card-present” only …
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Unlike some other software choices, zingFit was specifically designed for group fitness businesses, meaning it’s particularly suited for yoga and pilates studios, bootcamp-style fitness classes, spinning, and other activities done in a group or on a team. The software does offer recurring billing services, so you could use it for individual-style gyms and fitness business, …
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Bars and restaurants are enjoying a renaissance in the U.S. and around the world — craft beer, delicious wine, and exciting cocktails are once again enticing people out of their homes. If you’re a brewer, bar manager, brewpub owner, or restaurateur, it’s important to create, brew, and sell the styles of drinks your customers really …
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We’ll break down the fees you’ll need to pay for taking payments in different currencies. In this article, we focus on popular “flat rate” payment providers in the US including Braintree, Authorize.net, PayPal, Stripe, and more. In some cases, it may be less expensive to take international payments with an interchange-plus processor. Note that this …
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Note: In 2017, Sage acquired Intacct, though it has so far kept the Intacct name. You may see the software referred to as either Intacct or Sage Intacct. Sage Intacct financial management software is specially designed for larger businesses. In this review we’ll explore what it can do, share what others are saying, and help …
Sage Intacct Financial Management Software Review Read More »
