Sharing thoughts, facts, ideas, and best practices for business owners of all kinds.
Credit Card
Partnership
Point of Sale
POS
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…
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Mobile Payments
One of the biggest growing trends these days is for aspiring entrepreneurs and future successful business men and women to strike it alone and use their knowledge and skills to build their business from scratch. And one of the most useful tools available to them is the ability to accept…
Customer Loyalty
Customer Loyalty Programs
The use of customer loyalty programs has hugely increased over the last decade. It’s not hard to understand why considering all the positive implications and revenue which can be generated from such programs. If you are not familiar with these programs, not to worry. They are fairly easy to understand…
Customer Loyalty
Customer Retention Strategies
There are various customer retention strategies that you can implement in your business. Some better than others, but let’s talk about the ones best readied to help your business be successful. Firstly, why should you even worry about customer retention? Maybe you have a busy store already, so what is…
PCI
PCI Compliance Checklist
One of the most important things you need to do when setting up your business to accept payment card transactions is ensure you have checked everything off your PCI compliance checklist. It’s crucial, really! Don’t have a PCI compliance checklist yet? You need to have one. Whether it is an…
PCI
PCI Compliant
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…
PCI
PCI Council
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…
PCI
PCI Definition
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…
PCI
PCI Security Standards
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…
Credit Card
Point of Purchase
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…
Credit Card
Payment Methods
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…
Gateway
Payment Gateways
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…
Credit Card
Payments Online
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…
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.