Your business comes to an immediate standstill without the ability to process credit cards—especially if you experience an outage during the busiest hours of your day. Potential reasons that can cause a credit card processing outage include technical hitches or internet failure, issues with your payment processor or so on, anything...
Improving Credit Scores: Tips For Small Business Owners
Improving credit scores and having a good business credit score are very important for getting loans, gaining trust from suppliers, and staying stable over time. It also helps you make money, close better deals, and build your company. But, it can be difficult for many business owners to raise their...
Understanding Interchange Fees: How to Lower Your Costs
Interchange fees are the transaction costs businesses pay when accepting credit and debit cards. Set by card networks like Visa and Mastercard, these fees cover processing, fraud prevention, and financial risks. While they can’t be avoided, they vary based on factors like card type, transaction method, and industry. Since they...
What is an ISO in Merchant Services? (Independent Sales Organization)
The worldwide transition to cashless payment trends has necessitated changes in payment preferences by businesses' models. In this light, the Independent Sales Organization (ISO) bridges this gap by connecting the company and the financial institutions. It helps merchants accept credit cards and provides the necessary tools, technology, and support to...
No-Fee Credit Card Processing: A Guide for Merchants
In today's digital age, credit card payments have become the norm for consumers. As a result, merchants must adapt to this trend by offering convenient and secure payment options. However, traditional credit card processing can come with hefty fees that eat into a merchant's profits. This is where no-fee credit...
How to Select the Right Credit Card Processing Equipment for Your Business
In today's digital age, credit card payments have become the norm for businesses of all sizes. Whether you run a small retail store or a large e-commerce platform, having the right credit card processing equipment is crucial for smooth and secure transactions. Selecting the right equipment can have a significant...
Credit Card Processing Non-Profit Options: A Complete Guide
In today's digital age, credit card processing has become an essential tool for non-profit organizations. With the majority of transactions being conducted electronically, it is crucial for non-profits to offer convenient and secure payment options to their donors. Credit card processing allows non-profits to accept donations online, over the phone,...
What Is a False Decline in Credit Card Processing?
In today's digital age, credit card transactions have become the norm for both online and offline purchases. However, amidst the convenience and efficiency of credit card processing, there is a lurking issue that can cause frustration and financial loss for both merchants and customers - false declines. A false decline...
What Are Basis Points In Credit Card Processing?
Credit card processing is an essential aspect of modern commerce, allowing businesses to accept payments from customers using credit or debit cards. While many merchants are familiar with the concept of credit card processing fees, fewer may be aware of the role that basis points play in determining these fees....
How to Get the Cheapest Credit Card Processing Rates for Your Business
In today's digital age, accepting credit card payments is essential for businesses of all sizes. However, the cost of credit card processing can vary significantly, impacting your bottom line. To ensure you get the best rates for your business, it is crucial to understand the factors that affect credit card...