In today’s world, customers want the flexibility that comes with paying by credit card. Indeed, credit cards are among the most popular ways that consumers pay for their purchases. If you are not accepting credit cards, you could find yourself in trouble –... One of the ways you can increase sales is to accept credit cards. Indeed, customers who use credit cards tend to spend more than customers who use cash or debit cards. And, if you sell your services and products online, it is especially important that you accept... When you are setting up a business – either online or offline (or both) – you will need a certain amount of equipment, a payment gateway, if you plan to accept credit card payments. And, because studies have shown that people spend more when they use credit cards (not... When you are running an online business, you will have to decide how you will accept payments. There are many different merchant accounts out there, but they can get expensive. One of the ways many people get around having to pay for an expensive merchant account – at... Cost may be the most important factor you consider when choosing a merchant account provider, but the next most important thing to consider is service. Indeed, if you can get better service for a little bit more, it is well worth the money. Good service can mean the... Merchant account costs: When it comes to choosing a merchant account – and on a merchant account provider – one of the most important considerations is cost. Sure, cost should not be the only thing you consider when choosing a merchant account, but it is very... All merchant accounts come with fees. There is no way to avoid it. It is the cost of having a convenient service for you to use in order to help you accept credit cards. However, there are some merchant account fees that you can avoid. The key is speaking with your... What Is A Credit Card Terminal? A credit card terminal is a device for completing transactions with a credit card, charge card, or debit card. The credit card information is entered—either by swiping the card or keying in the information, a method used for card... The Basics of Merchant Account Security For people who have merchant accounts, merchant account security isn’t just something desirable: it’s required! Merchants who accept credit card payments must incorporate the Payment Card Industry (PCI) standards for... What Is a Cash Advance Program? A cash advance program is a way for a merchant who processes credit cards and has a merchant account to get access to money when they need it. Sometimes it may be referred to as a merchant cash advance. Cash advance programs are offered... What Is A Gift Card? A gift card is either a card from a credit/debit card company or from a particular merchant. It can be used in place of cash, checks, or credit cards to make purchases from—in the first case—any store that accepts that particular credit card... If you want to be a successful business, you have to accept credit cards. Or, at least you do if you want to expand on a larger scale. While some small, local merchants in some areas can get away with accepting only cash (few even accept checks anymore), if you aim to... Merchant account affiliate programs offer a chance for earning a sales commission from merchant account providers when affiliates refer new customers to the merchant account provider. Like any business arrangement, anyone interested in becoming an affiliate should... What Is MOTO Credit Card Processing? MOTO is an acronym for Mail Order/Telephone Order and refers to credit card purchasing that is done neither in person nor through a website shopping cart. It applies both to the use of credit cards and debit cards. There are a... Processing of Paper Checks as Paper Especially with people trying to cut back on credit card use, paper checks are still very much in play in the United States. Although electronic check processing has taken off (see below), there are still merchants who accept paper... The POS System Retail credit card processing often begins with a POS (Point of Sale) system, which automates the process of accepting credit card payments. The system has several parts, some or all of which may be integrated into a single device, which may be referred... Online merchants usually want to be able to accept credit cards for online payments, but new merchants often feel daunted by the task of setting up online credit card processing for their business. Though the steps required for online credit card processing may seem... Many small business owners understand the importance of versatility and portability. When you are having a parking lot sale, or if you travel a great deal for your business, it can be helpful to be able to swipe a credit card while you are on the go. One of the ways... Credit cards are a popular way for customers to make purchases, especially online, so most businesses need to be able to accept credit cards. There are many computer programs and services, called payment gateways, that help businesses with credit card processing, and... On occasion, funds that were on their way to you from a consumer are reversed and go back to the consumer. If this happens to you, it is likely that you are seeing evidence chargeback, a mechanism that provides consumer protection under Federal Reserve Regulation Z in... 