by Joan Winnington | Nov 15, 2020 | Credit Card Processing
Credit and debit card chargebacks are a major headache for merchants of all sizes. The cost you money in many ways, eat up your valuable time, tax your company’s scarce resources, and can endanger your good standing in the community. The truth of the matter is...
by Joan Winnington | Nov 11, 2020 | Credit Card Processing
Are you a merchant who often tries to figure out the convoluted system of credit card processing fees you see on your statement each month. Maybe you thought you paid a flat percent or a per-transaction amount, or both, but came to find out that total fees are higher...
by Joan Winnington | Nov 9, 2020 | Credit Card Processing
If your business uses the ACH system to handle any of its payments, then you need to be familiar with the most common Automated Clearing House codes. There are dozens of them, but just being aware of the 15 most frequent ones is a smart way to arm yourself against...
by Joan Winnington | Nov 5, 2020 | Credit Card Processing
ACH (automated clearing house) transactions are similar to credit card transactions in many ways, but differ in one key respect: ACH transfers of funds must follow a strict set of rules within the banking industry. Why the banking industry? Because all ACH...
by Joan Winnington | Nov 2, 2020 | Credit Card Processing
Have you ever wondered why so many business owners put 99 percent of their effort into making sales and only 1 percent into collecting the funds those sales generate? Part of the reason is human nature and the natural tendency to rest on one’s laurels after...