International Bancard Blog & News

No matter how you want to accept payments, International Bancard has a solution that will flawlessly fit your business needs!

Avoid Credit Card Fraud During the Holiday Sales Season

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. 

The holiday season is a busy time for fraud. Christmas Eve is December 24th and is the day where most fraud attempts occur.

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. 

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Breakdown of the Holiday Sales Season

We all know that the holiday season is a busy time for businesses, but do you know the weight of each milestone during the holiday season? 

Let's go over each holiday sales timeline and break down the season! 

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Why Your Business Should Accept Digital Gift Cards During the Holiday Season

It's the holidays - we know you're busy with the additional sales traffic. You're dealing with an influx of sales, busy customers, employees' holiday schedules, and the list goes on and on. 

While you may already have a gift card program, you should spend a few crucial minutes considering a digital gift card program. They are easy to set up and it gives your customers an additional way to purchase gift cards from you. 

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'Tis the Season for Holiday Sales - Is Your Business Ready?

The holidays are getting close, and you know what that means for consumers - time to shop! As a business owner, thinking about the expanded sales is exciting. But are you, and your business, ready for the holiday season? 

Roughly 20-40% of yearly sales for small and mid-sized retailers take place within the last two months of the year. In 2018, the National Retail Federation predicts that holiday retail sales in November and December will increase between 4.3 and 4.8% for a total of  $717.45 billion to $720.89 billion. 

Here are a few simple things your business can do to increase sales during the holiday season. 

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Which Clover POS System Is Best for Your Business?

When it comes to managing a business, there is a lot that you need to keep track of.

That's why businesses love using Clover POS systems. Clover is not only a great payment acceptance option, but also helps businesses operate and manage day-to-day business functions.

Clover POS systems can help businesses keep track of inventory and staffing, give customers more payment options, accept more payments quicker, and receive valuable reports on customer data and trends. 

Clover has a number of different options for all types of businesses. Learn which Clover POS system will best fit your business:

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International Bancard Names Steve Merkouris as Sales Director

FOR IMMEDIATE RELEASE

DETROIT, JUNE 12, 2018 – Industry-leading payment acceptance solutions provider, International Bancard, has named Steve Merkouris as the company’s new Sales Director. Merkouris has more than 20 years of sales management experience, including over 10 years in the merchant services industry.

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Why Your Business Should Accept Digital Gift Cards

When you run and operate your own business, there is so much that you need to worry about and it can all be very overwhelming.

To add another layer of things, you also need to think about how you accept payments from your customers – credit cards, debit cards, cash, checks, mobile payments, and now digital gift cards? Where does it end?

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What is FinTech?

Chances are, you have heard the phrase “FinTech” being thrown around – on television, in the news, or even in cities as additional businesses begin to open. FinTech is becoming so big that last year alone the industry has received $17.4 billion in investment globally.

But do you actually know what FinTech is and how it relates to you and your business? 

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The Life Cycle of InBalance

InBalance is International Bancard's unique cash discount and surcharging program that offers businesses the opportunity to offset credit card processing fees, virtually eliminating the cost of accepting credit cards.

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