Sharing thoughts, facts, ideas, and best practices for business owners of all kinds.
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4 Ways to Convince Merchants to Upgrade POS Hardware Regularly
Once you complete a sale and sign an agreement with a merchant, it’s often easy to just move onto the next one and focus on finding more of them to sign. Merchants you’ve signed tend to stay happy and complacent as long as their hardware and software are functioning properly…
What the heck does PCI even mean? Why should I care or waste my time on it? I’m a small business owner. This can’t possibly apply to me, can it? All very good questions every business owner has to ask themselves at one point or another. In order to determine…
The world of payment processing is complicated and is constantly under security threats, which is why the PCI Council is so important. The PCI Council is actually the Payment Card Industry Security Standards Council and it was founded in 2006. This PCI SSC was organized to help the Payment Card…
What is the PCI definition? What the heck is it? As a small business owner, why do I need to know what it is? What importance does it hold for me? These are all very good questions every small business owner needs to ask themselves. If you aren’t familiar with…
As a small business owner, it is important you be aware of and are adhering to PCI Security Standards. In fact, it’s beyond important. It’s like how automobile insurance is required for every vehicle owner, but it’s actually insurance for all business owners. There is an obvious need for security…
There are few things in a brick-and-mortar business more important the point of purchase, also commonly referred to as the point of sale (POS). The point of purchase is fairly self-explanatory. It is the point in time when your customer has found the items she is looking for, decides she…
You’ve probably already figured out by now in order for your business to be successful, you need to be ready to accept various payment methods. As many as possible, in fact. Every customer has their own preferred method for paying for their groceries, clothing, toys, cars, services, etc. The most…
Payment gateways are a vital portion of the online payment process. While not a term the layperson is familiar with, if you own an online business or one who takes orders over the Internet, chances are good you probably have heard the term before. In fact, you really need to…
If you are seeking to expand your online business, you need to familiarize yourself with how to take payments online. Of course you realized this when you decided to create an online business or expanded your offline business to have an Internet portal. It really isn’t all complicated of a…
There is very little doubt that unless your business is equipped for payment processing, you cannot succeed in accomplishing your business goals. You must be able to process your customers’ payments when they wish to buy your products or enlist your services. The ultimate goal for every business is to…
The best way to set your online business up for success is by shopping around for the best processing service and, while you’re at it, doing a payment gateway comparison. There are a lot of payment processing services which also include a payment gateway. But you don’t necessarily have…
There are literally thousands of different card payment options for customers, which means you need to be prepared to accept all these different online payment methods. But credit, debit, gift card, and loyalty card payments aren’t the only payment methods out there. You might also want to accept checks online…
If your online business can’t perform online payment processing of credit cards and other forms of payments, unfortunately your online business is not set up to succeed. Online retailers would not exist the way they do today if it weren’t for their ability to process online payments. Considering the majority…
The world of payments is rapidly changing in front of our eyes. Massive consolidation is happening at a record pace, and this will inevitably impact your business as a merchant services agent.