Small business owners are facing a financial squeeze from all directions. Whether you run a local retail shop, a restaurant, or a service-based business, you’ve likely felt the rising cost of doing business over the past few months. A major driver? Tariffs. Tariffs, in essence a tax placed on imported goods, might sound like something … Read more
If you’ve ever looked in your bank account and saw money missing or opened your email to find a message from your payment processor saying a customer has filed a dispute, you’re not alone, and you’re not doing anything “wrong.” But knowing why disputes happen and how to respond the right way can save you … Read more
If you’re a business owner, you’ve likely faced a credit card dispute—or at least the looming threat of one. The reality is businesses are at a disadvantage, with any dispute, leaving them frustrated when they lose the dispute and the money paid when they know and believe in their hearts they are right, So, why … Read more
Let’s talk about something that confuses a lot of business owners: how to avoid paying credit card fees. As a business owner you are acutely aware that every time a customer swipes their card or you manually enter in a transaction, you’re paying a percentage of that sale to Visa, Mastercard and the card issuing … Read more
If you’re a business owner, you’ve probably looked at your credit card processing statement and thought, “Wait… why am I paying so much just to accept payments?” You’re not alone. Credit card processing fees can feel like a hidden tax on your hard-earned revenue, but there’s more to it than just banks and Visa/MasterCard trying … Read more
Get to Know you Customers Better Understanding the way in which shoppers spend money and their shopping habits can help merchants meet the ever-changing needs of consumers for business success. We looked through the UPS Pulse of the Online Shopper Studies from 2017 / 2018 with 2017 comScore data to pull together some key learnings of consumer behavior in … Read more
For years, consumers, have been offered a lower price when buying gas if they paid with cash. The reason is very simple; the fees paid for processing a credit card take a very big chunk out of gas station profits who already have low profit margins. As a business owner I am sure you have … Read more
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text _builder_version=”3.13.1″] This is the first in a series to help business owners navigate the electronic payments industry. The series will provide a clear, concise and complete look at how businesses accept payments, including valuable information on topics like the interchange process and PCI Compliance. Lets start at the beginning and look at … Read more