Credit Card Processing Blog Posts | Page 10

Square’s reader comes free when you sign up for Square point of sale only accepts magstripe payments, while Square contactless and chip reader takes chip and contactless payments and can also accept Google Pay and Apple Pay.

Are you curious about how much Stripe costs, and what makes it different from other processors? In this post, you’ll learn about Stripe fees and features, so you can find out if this is the right fit for your small business.

If you’re new to the world of credit and debit card processing, you may be wondering what interchange fees are and how they impact the cost of processing transactions and maintaining a merchant account for your business. We’ll also show you how these fees fit into each of the different processing rate plans that your merchant account might use.

Square offers several time-saving benefits for small business owners looking to start processing payments, including no credit checks, a free magstripe reader to get you started, and a free Square POS app that enables you to start taking credit card payments right away.

If you’ve heard about Verified by Visa through the grapevine — or more than likely in your checkout process — and you’ve got some questions, you are in the right place. Come along as we take a look at the good, bad, and the ugly when it comes to the evolution of Verified by Visa […]

Maybe you remember the Hugh Jackman ad years ago where he asks: “Did you know SecureCode allows you to do more than pay safely?” Or, maybe you’re distracted by new, better Wolverine ads, currently. Either way, businesses and consumers alike should be sinking their claws into Mastercard’s SecureCode program. Mastercard’s SecureCode is a security measure […]

AVS is an acronym for the Address Verification Service, a feature that’s used to compare the address given to you by your customer and the billing address on file with the cardholder’s issuing bank. AVS serves two primary functions: (1) to deter fraud by confirming that the customer is the legitimate cardholder, and (2) to help prevent chargebacks by giving you additional information to verify your customer’s identity. Read on for more info.

If you’re a budding eCommerce entrepreneur, it’s critical you understand that the higher risk of fraud for online payments is the primary factor in making the credit card processing rates for this type of transaction significantly higher than for card-present transactions in a brick-and-mortar setting.

Same-day deposits are nearly identical to Square’s Instant Transfer feature. It comes with the same notice that some may have limits, and you may start out with a smaller transfer amount per day and work your way up.

Square and PayPal offer powerful software for small businesses, plus affordable pricing and no long-term contracts. Check out our comparison to see how they compare in terms of features, pricing, user reviews, and more!