As a new business owner, you know that the logistics of getting your business up and running raise many questions. Likewise, you’re learning about merchant card processors, and how the costs of accepting credit cards factors into your overall financial planning. Even the smallest, most mobile business benefits from the ability to accept credit and debit cards, but those new to the concept often balk at how those transaction fees cut into their bottom lines. Let’s take a look at two different models of addressing this issue and examine the pros and cons:
Category: AVP merchant solutions info
The Security vs. Freedom Debate: Payment Card Style!
“Those who sacrifice liberty for security deserve neither,” Ben Franklin once famously remarked. The question is whether the famously frugal Mr. Franklin would be happy knowing that most customers today, when it comes to payments, are usually choosing “freedom” over “security.”
Setting Up a Merchant Account? A Quick Fix May End Up Hurting Your Business
As you set up a new business, we know that you have a many options when selecting your merchant bank account provider. With the advent of mobile technologies, it seems the market is flooded with start-ups promising effortless business merchant services that certainly appeal to already overwhelmed entrepreneurs. After all, who wants to slog through the fine print and waste time comparing and contrasting transaction fees, fraud protections, and the complex rules that govern secure credit card processing?
Falling Gas Prices Mean More Money in Consumers’ Pockets—How Your Business Can Benefit
With gas prices at their lowest in a decade, many consumers are finding themselves with a much-appreciated boost in expendable income. While this translates into bad news for the oil and gas industry, retailers and other businesses are enjoying a season in which their customers have more money to spend. Those extra dollars affect businesses of all types, including restaurants, retailers, and home improvement. As a leader in merchant account solutions, AVPS wants our clients to make the most of this trend, and capitalize on a customer base with a little bit more money in their pockets. Here are some ideas for making the most of those low gas prices:
VISA Revenue Up and So Is Chip Card Use — Along With Fraud Costs
An array of studies reveal interesting new “market metrics” for the economy, at least from the payment card side of the equation.
Visa revenue in Europe is up 25% — to an all time high, as Pymnts.com reports. Visa Europe is merging with its parent company — that’d be the Visa we use for payments here in the U.S. — and reports “that it had its most successful year ever in terms of revenue growth.”
Post-Holiday Slow Downs Give Your Business Time for Strategic 2016 Growth Planning
Now that the holiday rush has passed, your business needs to focus on how to approach the New Year with an eye toward growth and profitability. Are you missing out on some easy strategies for more frequent customer transaction completion? We often believe that the biggest challenge simply lies in getting customers in the door or to our websites. However, savvy customers now have a world of possibilities in their smartphones. They easily compare prices, research competitive products or services, and make many shopping decisions based on digital offers or information. Take the time now to re-evaluate your goals for 2016, as well as how you can make your retail merchant account better work for your business.
A New Year Resolution for More Payment Security?
We’ve been watching the MarketWatch website since the new year kicked off, mostly to track the rather breathtaking gyrations of the stock market (as well as the news out of China, the steady ebb of oil prices, and more).
AVPS Offers Smart Merchant Account Solutions to Help E-Commerce Businesses
With the internet flooded with e-commerce businesses, you need to focus on marketing and growing your brand in order to stand out. But are you still stuck with those necessary operations, like how to accept credit cards, establishing an e-commerce merchant account, and creating a business plan for long-term financial stability? At AVP Solutions, we want to help set your small business up for success, and we can help you establish a merchant account that will work for you.
Season of Reasons — To Offer Credit, and to Use It
We’ve now officially entered autumn — L.A. weather notwithstanding — and soon enough, it will be time to start makin’ your lists, and checkin’ them twice (this might even refer to your seating plan for Thanksgiving, however!)
Exploring the Benefits of Accepting Checks Online
There are many different ways to refer to the concept of being able to accept checks online including electronic checking (or e-checks for short), bank-to-bank transfer, or ACH (automated clearing house). There are three main reasons why it is in the best interest of you and your business to make sure your online payment services include electronic checks:
