Compact card machines that enable you to process payments with an iPhone have taken the payment industry by storm. In the last couple of years, providers such as iZettle, SumUp and PayPal Here have become household names among small merchants — and for good reasons. Here are 10 of them. 1. [...]
You’re buying a Ming vase. You take your vase to the counter, where the clerk scans your credit card. “I’m sorry,” she says. “This card has been declined.” Your card was just bounced by the payment gateway, the first hurdle a credit card needs to surmount in order to be [...]
Card interchange is a complicated and sometimes vexatious topic. Everyone seems to have their own agenda when talking or writing about it. Which is why so much on the topic is confusing, misleading, ambiguous or just plain wrong. We set out the facts so you can make up your own [...]
It’s easy, right? You’re opening a new business, and you need to get everything set up financially, including credit card payment capabilities. Since banks are always anxious to get new customers, you’ll be able to call a couple and then take the most competitive bid. Simple. Only it’s not. Getting a merchant [...]
There can’t be a person in the land who doesn’t have at least one credit or debit card in their wallet, and most of us will in fact have several. So that means millions and millions of cards and also millions of cards that expire. But instead of just cutting [...]
Holly moseys over to the truck and disposes of her latex gloves. Floating a horse’s teeth is a messy job, but Holly has everything in her truck a vet could possibly need. After cleaning her hands with an antiseptic solution it only takes her a minute to run her client’s credit [...]
It can be difficult to know what questions to ask when choosing a card terminal for your business. Here are 20 good ones to get you started. Equipment 1. How does accepting cards fit with how I trade? Consider your location. If you’re out and about, reception and coverage may [...]
What exactly is a ‘chargeback’? Why are they best avoided? And how do you best do this? We present the what, why and how. Chargebacks defined A chargeback is when a card payment is returned. This may be because the cardholder disputes the transaction. For example, if services have not [...]
Despite the fluctuating Bitcoin value, the crypto-currency has proven to be increasingly popular among retailers. Although we cannot talk about Bitcoin reaching critical mass in terms of adoption yet, more and more retailers and small businesses can see the potential in increasing sales by offering more payment choices to their customers. [...]
For years now, banks, credit card companies and other payment services have been promoting card terminals for accepting credit and debit card payments. Though less and less in number, there are still some British businesses who only accept cash. In this article, we explore the main reasons why some small businesses [...]