As a business owner, you know that your merchant bank account is crucial for your payment processing and financial solvency. This powerful tool helps transactions proceed quickly and safely, and can also be an asset for funding and cash flow. However, chargebacks can threaten your account, and may even get your business blackballed by the major banks and business merchant services. This month, we are going to take a deeper look at chargebacks, how to prevent them, and why high-risk merchants such as debt collection agencies are particularly vulnerable to them.
Category: merchant account solutions
How To Overcome First Challenging Year Of Your Business
That’s why you need a carefully constructed plan that addresses your infrastructure, funding, staffing, payment processing, and goals for growth. This plan will serve as your proverbial roadmap, and will help you better anticipate any challenges and prepare for them.
Happy New Year! And In A Time of Breaches, “SID” Is Coming!
Of course, just because the calendar changes, that doesn’t mean the issues, ideas, and economic trends of the previous year suddenly “go away” either. Foremost among those, and something we report on often in this space, are breaches, “hacks,” and the latest frontier of data security — an area that seems like it will only get more “parlous” for those trying to safeguard sensitive,personal data, whether their own, their customers’, or both.
Why Small Businesses Need A Web Presence
With so many small businesses struggling to remain viable in our economy, they often need to employ innovative strategies to reach both existing and new customers. Even the smallest of businesses needs a website as a way to connect, because that is how we research, learn, and ultimately decide where to spend our money. If your small business is feeling the struggle of competing with larger organizations, you should consider creating a new website, or revamping your existing site.
How To Find Best Merchant Account For A New Business
Starting a new business is always a stressful endeavor. As entrepreneurs try to transform their passions into success, they often realize that life as a business owner is not at all what they expected. They focus so much on bringing their products or services to the public that they fail to understand the finer logistics that are required to thrive. From setting up a merchant account for a new business to training employees, they deal with a wide variety of issues that are sometimes completely outside of their skill-sets.
Preparing Seasonal Business Merchant Accounts Processing
Small, seasonal businesses enrich our communities and provide valuable contributions to local economies. However, this unique business model can be tricky to execute successfully, as budding entrepreneurs do not realize that they require the same planning and resources as traditional businesses. Whether you want to run a snack stand at a water park, or design Christmas light displays, you need to approach your new business with the same consideration and commitment as a brick-and-mortar operation
Payment Processing Fees—How Do They Fit Into Your New Business Model?
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:
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?
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.
In Need of High Risk Merchant Account?
If you are like most people planning on starting a business, you have likely thought to yourself, “I need a merchant account”. Merchant accounts are essential for getting, accepting and making payments online as well as processing credit card payments in a brick-and-mortar store which means without one you are not going to be able to do business. Getting one of these accounts is generally one of the easiest things people do to get ready for their business, but if you are considered a high risk business, you might face additional challenges setting your merchant account up and keeping it active.
