Should I Use a Credit Card Machine or Mobile Card Swiper?

We recently wrote about the various kinds of EMV equipment. Many merchants find themselves looking for a solution that’s secure and can be brought with them to accept payments on the go. We’ve written up a short re-cap of what you can expect from mobile swipers, countertop terminals, and a new breed of “Smart Terminals.” We hope to answer the¬†question that plagues many merchants: Should I use a credit card machine or mobile swiper? This is a question that is not foreign to the merchant. Perhaps this is a dilemma you have had to deal with yourself. Both of these options for payment processing have their benefits as well as downsides. Weighing the pros and cons can be a helpful practice for determining which option would best suit your needs and provide you with an efficient solution to your payment processing. As such, let’s take a look at both the…

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3 Tips to Reading Your Processing Statements

As a merchant, you likely know the importance of reading your credit card processing statements. However, taking the time to read your statements does not do you much good without the proper knowledge in how to approach it. When you read your credit card statements without effective practices in place, you run the risk of paying more than you should. If you understand how credit card statements work and you understand the different fees involved, you will better be able to maximize your budget and profit-making potential. With this in mind, here are 3 helpful tips to reading your processing statements. 1. Questions to Ask While Reading Your Credit Card Processing Statements The first thing you need to establish when it comes to reading your statements are the particular questions you need to be asking. These questions will help you read your statements purposefully and ultimately ensure that you are…

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The Merchant’s Guide to Business Funding Options

Are you the owner of a newly-started business, looking for funding options to help your small business grow and expand? Having the right type of funding is important for the success of a young company and it can be helpful to know what kind of options are available to you. We realize that funding can be a difficult and even overwhelming process for the not yet initiated and so we put together a comprehensive guide to funding options for merchants. Are You Ready to Start Receiving Funding? Before we get into the specific funding options available to you, it is helpful to make an assessment of your business and determine whether or not you are in a good position to pursue financing. It is important to first take a look at your financial position and decide if you are in a place where additional unpaid debt will not hold you…

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