Blog Posts | Page 49

This post aims to clarify any confusion regarding why and how a CVV (or CVV2, CVC, or CID) number is vital for your small business. Because payment companies mandate all merchants to collect the credit card CVV code during online or manual card entry, you’ll need to find a payment processing company that’s up to date with the latest policies.

Travel rewards credit cards can come with high annual fees, but frequent travelers may be able to offset the cost with perks like statement credits, travel protections, hotel benefits, and airport lounge access. One of the most popular lounge benefits is Priority Pass membership. With Priority Pass, eligible travelers can access airport lounges and other […]

The types of business insurance you need for your small business in Texas will vary according to your specific business needs and risks. Generally, it’s best to start with general liability, workers’ comp, and commercial property insurance if you have a physical storefront, and then scale up from there.

A credit card refund fee is a penalty fee on refunded transactions and are charged by credit card processing companies. In most cases, merchants will not have to pay a credit card refund fee, but they will not be refunded the processing costs they paid during the initial transaction.

The Square POS app is a general-purpose app for download on Apple and Android devices that can be adapted to many business types. The Square Retail app is designed specifically for retail businesses with a substantial amount of physical inventory that needs tracked.

The types of insurance you’ll need for your Florida small business will depend on your business-specific risks and needs, but it’s generally a great idea to start with a business owners policy, which bundles general liability and commercial property insurance. You’ll most likely need workers compensation if you have employees, and if you use vehicles for business-related purposes, commercial auto insurance will be required as well.

Commercial truck insurance is a grouping of specific insurance policies that cover various possible losses and accidents while a truck is used for business-related purposes (with the exception of bobtail insurance). The Federal Motor Carrier Safety Administration expects you to have $750,000 in primary liability coverage at the bare minimum.

What is PCI compliance? What does it mean? Is it mandatory for businesses? Arming yourself with a basic understanding of PCI can help you navigate a lot more than you think when it comes to choosing the payment processor, merchant account, or outside payment security specialists you may need. Here’s what you need to know about all things PCI-related.

One of the most important decisions you make as a small business owner is how you will accept payments from your customers. Will you stick with the traditional cash register, or would a modern point of sale (POS) system be a better fit?

If you rent a storefront for your small business (or plan to in the future), business renters insurance is likely a requirement for your present or future lease. Read on to learn everything you need to know about business renters insurance, including what it covers, where to buy a policy, and how much it will cost you!