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.
Credit Card Processing Blog Posts | Page 3
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.
When you’re ready to dive into the world of credit card APIs, you’ll want to compare and contrast the developer tools provided by payment services providers. It’s important to evaluate them not only by the strength of their API, but also consider more mundane factors like how much they cost, the types of transactions they support, and how secure they are.
If you’re ever curious about what card networks, card associations, or card brands are, and what these entities actually do (other than make you pay fees of various sorts), you’re at the right place. We’ll explain what card networks are, give you a little history about each, and provide a general framework for understanding how they fit into the business of credit card processing.
Both Stripe and Authorize.Net offer a powerful suite of payment services along with robust support for developers who want to integrate their services into their websites. Both also provide excellent support for foreign eCommerce transactions. Evaluating Stripe vs. Authorize.Net comes down to the sheer volume of features vs. flexibility.
As we all face the grim reality of the global coronavirus pandemic, businesses around the world are confronting the enormity of the challenges ahead of them. The need to minimize the risk faced by vulnerable public-facing employees is particularly important. As the established ways of doing business are being upended at a dizzying pace, businesses everywhere will have to adapt in order to both remain viable and protect the health and safety of employees and customers alike. To that end, Merchant Maverick is here to help you adapt your business practices to our new shared reality.
The processing industry is simply not the sort of place where you can expect everyone to be honest and treat you fairly. People in this business can and will take advantage of you – if you let them. Reading your contract before you sign up is your last line of defense against being stuck in a bad deal. Here are our best tips for reading and understanding your merchant contract.
Shopping for a Clover POS system? With so many companies peddling the system, making a choice and comparing costs can be daunting. Let us set the record straight on what a good Clover POS price is and where you can get the best deals.
The Complete Guide To Restaurant Credit Card Processing & The 5 Best Companies For Your Small Business
The process of selecting a payment processor is a daunting, complex one. Read our post for a sense of what to look for when choosing a credit card processor for your restaurant — as well as a snapshot of the processors and POS systems that, we feel, give foodservice businesses the best value for their money.
Stripe is a powerful online payment processor, but it can be a bit daunting if you’re new to the platform. Learn how Stripe works and how it can make running your online business easier.