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As a business owner, you must be excited to start marketing and leading customers to your products. One of the last, but not least, is to find an Online payment solution that best suits your business on all levels.
Many shoppers leave websites without paying due to a shortage of payment options or an inability to follow the checkout process. Which makes having a great Gateway to follow through, priceless.
By and large, the internet has made the transfer of information much faster, and our lives much easier. Banking and transactions are no exception—over half of U.S. adults use online banking for their daily banking tasks. However, while online banking is much faster nowadays, it can be less secure than face-to-face banking if you don’t take the proper precautions.
Bitcoins are the first cryptocurrency ever created. We don’t want to overwhelm you with computer engineering terms, so to put it simply: Bitcoins are just digital money generated by high-performance computers.
Unlike dollars and euros, there is nothing for you to hold in your hands. It’s just computer code with monetary value. However, you can exchange bitcoins for cash. On May 1st, 2018, bitcoin started the day worth $9,244.32.
At AVPS, we believe that continued discernment is what sets great entrepreneurs apart from the rest. As we approach tax time, now is the perfect time to take a second look at your options to see if you can get better rates, better service, or simply the peace of mind that you are getting the best provider for your financial needs.
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.
Online sites like Etsy offer entrepreneurs the ability to create virtual storefronts with ease, but their services often come with a higher price tag than many expect. They make their money through fees, but those fees come at nearly every level of the process. For example, Etsy charges a fee to list an item, then once purchased, they charge both a transaction fee and a payment processing fee.
We all want to support local businesses, but we also have become attached to the convenience of online shopping. This utility goes far beyond cost savings and ease—it’s allowing people to find unique products, too. Additionally, people who find it difficult to navigate in-store shopping, like the elderly, parents of small children, or those with limited mobility, find that online options offer the best way to get the things they need. While the growth of online shopping offers incredible opportunities, it’s also hurting many small businesses that provide valuable contributions to their local communities. They simply can’t compete with businesses capitalizing on our affection for the comfort and convenience of online shopping.
E-commerce allows people to turn their passions into thriving businesses, giving them a way to connect with customers from around the world. E-commerce also allows entrepreneurs to scale their businesses as needed, because they don’t have to invest in a brick-and-mortar storefront and the logistics that come with it.
“Greater worldwide card use raises a number of questions.” We would concur, and in fact say that wanting to answer those questions for you, and your business, is what has spurred this blog (and our weekly newsletter) these past few years.
Last week, we mentioned the new “Drown” security leak, a flaw in grandfathered internet protocols that is leaving, according to SC Magazine, over 600 frequently used cloud servers — the very nodes and providers businesses use to conduct business on — “vulnerable to attack.”
AVPS, LLC is a registered ISO/MSP of Central Bank of St. Louis, Clayton, MO
American Verification Processing Solutions, LLC., is a registered TPA (Visa) and SP (Mastercard) with SSB Bank
