Credit Card Processing Blog Posts | Page 4

If you have started or are seriously thinking of starting a new business, you have a lot of decisions to make, and setting up credit card processing is almost an afterthought. This article will help you narrow down your options so you can pick a great processor without time-consuming research.

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.

Closing a merchant account is never a simple process. Providers such as Worldpay go out of their way to make it as difficult as possible in the hopes of discouraging you from terminating your business relationship with them. We’ve laid out the specific steps that you’ll need to follow to do so successfully.

Instead of wasting time, energy, and office supplies sending out invoices and cashing checks, consider an online invoice payment solution. Sending invoices and accepting payments online is beneficial to you and your customers. And the best part? You can get paid faster — so why not give it a shot?

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.

Square Online Checkout is intended to condense the eCommerce experience down to a simple link or button, making online selling easier than ever for both the merchant and the customer. If you want to sell items or services online — or even accept donations — without building an online store, you’ll want to read on.

Friendly fraud occurs in connection with a chargeback claim. How can fraud be perpetrated through chargebacks, and is there anything you, the merchant, can do to prevent this type of fraud? 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, such as 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.