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!
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!
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.
As a business owner, you have a ton of responsibilities - making sure you have a great product to offer your customers, ensuring you have the right staff, abiding by rules and laws, marketing your business to new clientele, paying bills, and the list goes on and on.
Some of the trendier merchant services companies are popular with small business owners looking to accept credit card payments easily. It may be easy at first with the initial card reader you’re given. However, you are going to end up paying more in fees, and your equipment will most likely not be EMV-compliant, a big safety concern for your business.