Fraud is something that merchants and consumers alike must be concerned with, especially since fraudulent activity continues to run rampant.
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For many small businesses, much of their income for the year stems from just two months, November and December. According to the National Retail Federation holiday retail sales are expected to grow between 3.6 and 4 percent for 2017, for a total of $678.75 billion to $682 billion, which is up from $655.8 billion last year. If your payment processing system is not up to par, you could be missing out on your piece of the expected sales increase.
With so many payment methods available, it may seem overwhelming to decide which payment methods are best for your business.
Nowadays, you would be hard pressed to find someone without a smartphone attached to their hands. It seems as if the technology has become an extension of ourselves, something that no one wants to go without. With the added convenience of smartphones and tablets have provided us, it’s no surprise that those have spilled over to the business realm!
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DETROIT, Sept. 28, 2017 – International Bancard, a Michigan-based payment acceptance solutions provider, today announced a partnership with Heritage Vision Plans, a leading U.S. provider of vision benefit plans, to create Heritage Bancard Services. This partnership will help Heritage Vision Plan Providers to understand the importance of accepting credit and debit card payments and optimize the best solution to help grow their business through payment acceptance.
DETROIT, Sept. 22, 2017 – For the second year in a row, International Bancard, Detroit-based payment acceptance solutionsprovider, has been named one of the Metropolitan Detroit’s Best and Brightest Companies to Work For® in 2017. The winning companies will be honored by the Michigan Business and Professional Association (MBPA) during an awards ceremony at the Detroit Marriott in the Renaissance Center on Friday, September 22, 2017.
The Best and Brightest Companies to Work For® is a program of the MBPA that provides the business community with the opportunity to gain recognition, showcase their best practices and demonstrate why they are an ideal place for employees to work. This national program celebrates those companies that are making better business, creating richer lives and building a stronger community as a whole. It is presented annually in several markets including Atlanta, Boston, Chicago, Dallas, Detroit, Houston, Milwaukee, San Diego, San Francisco Bay Area, and Nationally.
International Bancard has also been named one of 2017’s Best and Brightest in Wellness, and offers flex time to encourage work-life balance, healthy food options, and continued education, among other perks.
“On behalf of the entire organization, we are very excited to be recognized for the second consecutive year as one of Detroit’s Best and Brightest Companies to Work For®,” said International Bancard’s President, Gary Rutledge. “Everyone at International Bancard works extremely hard, and I am ecstatic that this team is getting recognized for their efforts.”
The National Association for Business Resources (NABR), who establishes the winners, connects, educates, and empowers businesses across the country through focused programs, groundbreaking studies, and field-leading support.
Founded in 2001, International Bancard has built a reputation for exceptional 24/7 client service as well as keeping clients up-to-date with the latest credit card processing technology.
The complete list of award winners for the 101 Best and Brightest Companies to Work For® in 2017 can be found here.
When running your own business, there are a multitude of areas that require your constant attention, but picking the right merchant services company should not be one of them!
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It is crucial for a business to accept different payment types to make it easy for customers. As a business owner, you probably have been approached by a merchant services company at one point in time, but you may not even know what merchant services is. In the simplest form, the term merchant services is used to describe payment processing, or services that enable a business to accept electronic payments.
Almost every business accepts credit cards and every business owner has complained about credit card processing fees and rates. As a business owner, all you want to do is lower your credit card processing fees. But how do you successfully go about doing that?
You could spend endless phone calls, emails, statement comparisons, and discussions trying to negotiate a better rate and lower fees, which might be impossible. Even with interchange pricing, business owners still pay approximately 3% for every transaction.