If you already accept credit cards, are looking to switch merchant services providers, or want to begin the process of accepting credit cards, it's important to know exactly what you are getting out of a merchant services provider. There are a number of providers who want to help their clients and help them accept credit cards the best way possible.
Here are the top 8 misconceptions about merchant services and how those misconceptions are not always true - depending on who you work with.
Deciding on which payments to accept at your business can be difficult, but deciding HOW your business should accept credit cards can be overwhelming. With so many payment acceptance options out there, it's hard for a business to navigate the products and actually begin processing payments. What you think may be the best way to accept credit cards, may not be the most beneficial to your business.
International Bancard is going to make it easy for you. Let's walk through the different ways to accept credit cards and find the solution that will help your business.
FOR IMMEDIATE RELEASE
DETROIT, APRIL 27, 2017 – International Bancard, an industry-leading payment acceptance solutions provider is hiring for open positions due to an increase in activity correlated to the company’s recent relocation of their headquarters to downtown Detroit.
Payments expert, Gary Rutledge will lead International Bancard as President
If you are familiar with the merchant services industry, you may have heard the term "ISO Agent" a time or two. Even if you are not familiar with merchant services, you may be curious of different ways you can earn additional income.
No matter what your experience is with credit card processing, becoming an ISO Agent is a great way to earn money and utilize your network all while being your own boss!
At International Bancard, we know that there are a lot of ISO Agent programs out there, but we want to help you understand what being an ISO Agent is all about. We sat down with, Mike DePinto, our VP of Sales Development, to help answer the question: should you become an ISO Agent?
If your business is accepting credit cards, the answer is simple: yes, your business needs to become PCI compliant.
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Accepting credit cards is important for any business - but protecting your business to avoid credit card fraud is just as important. With credit card fraud on the rise, it is crucial for you to know and understand how you can prevent fraudulent charges occurring at your business.
The Nilson Report estimates that in 2016, losses topped $24.71 billion, which is a 12% increase over the previous year, and according to a Barclays report, 47% of the world's credit card fraud happens right here in the United States.
Credit card fraud is a big deal. It's damaging to both the consumer and the business.
As reported by a Kaspersky Lab survey, small businesses spend $38,000 to recover from a security breach, with additional indirect costs averaging around $8,000. Enterprise businesses pay on average $551,000 to recover with additional indirect costs averaging at $69,000.
As credit card fraud becomes increasingly more relevant, there are ways to protect your business against credit card fraud.
International Bancard put together 6 easy ways that your business can avoid credit card fraud.
