In order to achieve a successful online sale, there are many components that have to work flawlessly. As a business owner that wants to incorporate e-Commerce to drive sales up, you’ve probably heard many different terms related to it. So, what is a payment gateway vs. a payment processor?
Nowadays, startups are extremely important for the world’s economy. Not only do they redefine it, but they are also deciding the way companies will work. So, picking one of the best places to open a business is probably the very next step you need to take after deciding to make your startup idea into reality.
Plastic that allows you to pay for services and products has been around since the 1950s. And since then, it has been transformed and developed, bringing us different types of credit cards. Since numbers don’t lie, they show that plastic has become essential to the economy. So, let’s check credit card statistics that will show you just how applicable and useful plastic can be to both customers and businesses.
Sometimes mistakes can happen, you can charge products that never got to customers, or they’ll want to return. Also, the credit card company can charge twice for the same item. The customers will want their money back. Knowing everything about disputing a credit card charge should be a must for a business owner. Luckily for everybody involved, most of these errors can be corrected in a few easy steps – learn all about them in the following article.
Are you dissatisfied with an item you’ve just bought, or you haven’t received the goods you’ve ordered? Or maybe you believe someone has misused your credit card? If any of these situations is something you’re dealing with, then you should know how to dispute a charge on a debit card. Here is how you can do it and what your consumer rights are when it comes to getting your money back.
Owning a business nowadays can not be imagined without some sort of credit card processing. More and more people prefer to use cash-free or online purchases. And if you are a merchant, you will want to have all the options available for your clients. There are third-party payment processors you can sign up for, aside from credit card processing companies. But how to choose the right option, and what is a third-party payment processor? We will try to answer this and many more questions.
Cashless payment methods have changed the way we trade. Many small businesses succeeded in scaling their companies thanks to innovative technologies, like a wireless credit-card machine, which enabled them to accept payments out of their stores. Not only are buyers more likely to spend when using plastic, but they are also ready to give up on a purchase if their preferred method of paying is unavailable. For that reason, providing your clients with more options to pay is of essential importance to boost your sales.
Each time a transaction takes place, your payment processor returns a response code. However, not every payment transaction is allowed. That is the time when you might receive one of the First Data decline codes. Some of them are more common than others, but it’s always helpful to know more about the codes you can receive. Read our guide and learn about the response reason codes that might pop up during an unsuccessful transaction.
It never hurts to know how much you can save.
