Are you a small business owner who has avoided merchant account solutions because you are overwhelmed with the idea of integrating new or additional systems into your business? Some business owners assume that it is a complicated process to begin using a merchant account for new business, but the truth is the process is very simple if you use the right system.
Category: merchant solutions
Making your Merchant Account Work for Your Business
Most business owners assume that they are at the mercy of their merchant provider, because they simply need to pay the fees in order to maintain secure transactions for their customers. The truth is that there are many benefits to working with a merchant services provider, and you can begin making your merchant account work for your business.
How Do I Get a Business Cash Advance?
One common question that we receive is regarding cash flow in a business: how do I get a business cash advance? Cash flow is a critical aspect to keeping a company running, and without proper cash flow it is possible for the business to have problems with the day-to-day functions of paying the bills. One option to consider is a merchant cash advance.
MasterCard Tips on Protecting Yourself — Pt. II
Since we last posted, J.P. Morgan and other banks have joined the “honor roll” of institutions which have been hacked, and had information stolen. According to a recent overview of headline-making hacks in the Washington Post, “J.P. Morgan Chase& Co., America’s largest bank, reassured its customers by saying that there was no evidence that account information, such as passwords and Social Security numbers was compromised.” OK, good. What was compromised? “Names, addresses, phone numbers and e-mail addresses of account holders were accessed.”
A Handy AVPS Guide to Point-of-Sale Security, Pt. II: Mitigation & Protection
Last week, we mentioned card issuer alerts calling for more vigilance on the part of merchants to “shore up” their Point-of-Sale systems, in an age of increased hacking, breaches, and network intrusion. This lack of security has resulted in some unfortunately spectacular “virtual break-ins,” like the Target breach and the ones that followed, resulting in the information for millions of customers being pilfered, compromised, and sold not only to the “highest bidder,” but to whoever meets the price of those vending the data.
How to Choose a Merchant Account Company
To process and manage your business transactions, you need to secure business merchant services from a reputable merchant account company. But with all of the merchant account companies out there, how do you choose? Here are a few tips for selecting your provider.
POS Attacks May Be Declining (But…); Consumers Turning to Prepaid?
Certainly good news would be welcome on the internet and data security fronts these days. Technology website CRN may have some, in a story whose headline proclaims that “despite Prominent Retail Breaches, POS System Attacks Decline.”
Do You Need a Virtual Merchant Account?
If you sell products or services via a website, you are considered a virtual merchant and a virtual merchant account will allow you to process payments online. This type of account allows you to process transactions online anywhere that you have an internet connection.
“Bank Loans Down — Merchants Turning To Cash Advances”
As your roaming correspondent(s) on matters both pecuniary and payment-based, we often find ourselves in the field to get a look, first-hand, at how the “economy” — which is to say, that system of human activity and trade involving goods, services (and various intentions) is faring.
Fed Update: They’re Listening. Probably.
They wanted to hear from merchants, processors, bankers, and other, about what could be do to further bring the payment system here in the U.S. (and the way that payment system interacts with systems outside the U.S.) even further into the 21st century, in terms of speed, convenience, security, etc.
