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Archive for the ‘Credit Card Processing’ Category

The Complete Guide To Cancelling Your First Data Merchant Account & Finding A Better Credit Card Processor

A First Data contract can be hard to cancel right away. The main problem is that it has an early termination fee (ETF), which could get pretty hefty if you cancel at the wrong time. To pay less of the ETF, you might have to wait a few months. But there are other obstacles as well. In this article, we’ll explain how the cancellation process typically works. You’ll still have to read some of that contract, but we’ll help you find the relevant parts more quickly for quick lookups.

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Jun 12, 2020 Filed under: Credit Card Processing, Small Business 0

Should You Implement A COVID Surcharge? 4 Ways To Manage Your Profitability During The Pandemic

In this article, we’ll discuss COVID surcharges and why some business owners around the country have implemented them. We’ll go over the likely response you’ll get from your customers if you choose this course of action (hint: it’s not positive). We’ll also give you several alternative strategies you can implement that will increase your incoming revenue without the need for a surcharge.

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Jun 2, 2020 Filed under: Credit Card Processing 0

What Is A Chargeback? Everything You Need To Know About Payment Disputes

Chargebacks happen to every merchant. In fact, you probably won’t be able to eliminate all chargebacks as long as you keep accepting credit cards. The best you can do is to contain them and reduce them to a small number. What is left is just a part of the cost of doing business. To find out more about what chargebacks are and how to best deal with them, read on to find out.

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May 4, 2020 Filed under: ACH and Check Processing, Credit Card Processing, Small Business 0

The Complete Guide To Customer Financing For Small Businesses

Financing allows those who are wavering on a purchase because of the price to buy from you right away and then pay for the goods/services in installments in the future. This way, you don’t lose a sale to sticker shock. This is called customer financing or, sometimes, consumer financing. Broadly speaking, you can provide customer financing yourself, or you can use a third-party financing specialist. As to how to do either, along with their pluses and minuses, read on to find out.

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Apr 27, 2020 Filed under: Credit Card Processing, Small Business 0

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