Taking a leap and starting your own business indeed requires numerous preparations. So, after the decision is made on what products you’ll sell, the next thing to consider is the eCommerce payment processing and what tools you’re going to use. It’s an essential step unless you’re thinking about running a cash-only enterprise. If that’s not the case, then you surely need to check how credit card payment processing for e-commerce works.
Micro-sized businesses have always been very popular models, with low start-up costs and easily manageable operations. They’ve become even more so with tech and e-commerce development. If you’re interested to learn how microbusiness functions and what are its pros and cons, we can help you find out all the answers you need.
Point-of-sale systems have come a long way, from the early cash registers with software to modern-day digital platforms. However, before we dive into the capabilities of these systems, we need to explain what is a POS system in depth. For a merchant, it’s extremely important to understand what is a point-of-sale system to be able to choose the right one.
Have you been wondering – what’s a CVV on a debit card and how do I look for one on my own piece of plastic? We will share with you everything about these CSC numbers and how merchants can use them to prevent fraudulent transactions when dealing with purchases made over the phone, online payments, and invoice payments. CSC codes are something sellers should always request so they can know for sure that the rightful cardholder has made the purchase.
With the advent of the Internet and online shopping, new ways of processing digital payments had to be introduced. Retailers had to meet the requirements of customers who wanted to purchase different goods online. The expansion of the customer base brought about the use of an eCommerce merchant account. Any enterprise that sells goods and services online is required to have one since it is designed for accepting cashless payments.
You’ve undoubtedly heard of it and probably own a smartphone that supports it, but what is NFC on a phone or other devices? Also, how exactly are merchant services for credit card processing and this technology related? And what does it mean for a seller and customer? Improve your business and know how to use this revolutionary discovery in the best possible way.
When a customer finds an unauthorized charge on their bank statement or has an issue with a purchase, they will dispute it with their issuer. But how long to dispute a credit card charge takes, and what does it mean for merchants?
What is a payment gateway, and how does it work? If you are an aspiring online merchant who’s trying to establish a successful enterprise, it is necessary to know how to successfully implement gateways into the purchase process. Of course, you will not have to delve too deep into this issue, but the fundamentals have to be understood.
It never hurts to know how much you can save.
