Wilder Johanningmeier

Don’t Sign Until You Understand the Fine Print Payment processing is a serious choice for any business, but many merchants pay attention only to processing rates while ignoring their contractual obligation. Even though pricing matters, the terms of your merchant service agreement can affect your business for years to come. Think about all the details…

Internal Fraud Is More Common Than You Might Think For many entrepreneurs considering payment fraud, what usually comes to mind is stolen credit cards and hacking by cybercriminals. What most people fail to realize is that perhaps the greatest danger lies within the company. Although the vast majority of the employees are trustworthy, the presence…

Give Customers the Freedom to Pay Their Way The buyers today look for convenience to an extent which was unheard of in previous years when it came to purchasing something. Although credit/debit cards were the preferred medium of payment, consumers now prefer payment through digital wallets, contactless cards, payment links or bank transfers. Using limited…

Why Getting Paid Faster Matters Every firm needs good cash flow. When you are paying salaries, buying stock, and taking care of other costs associated with operations, having easy access to money becomes an important thing for you. That is why a lot of firms are opting for payment processing services that provide funding within…

EMV Chip Cards Are Still Important EMV cards may be old-fashioned technology, yet they remain essential in terms of payment security. If you operate a business which supports payments made using credit card in person, then getting to know more about EMV technology will definitely minimize risks of frauds. The EMV card is a credit…

Is Your Payment System Holding Your Business Back? Since technology evolves rapidly, payment processing is not an exception. What worked for you a few years ago might now fail to satisfy both your business and client’s needs. If you use old hardware or outdated software, this may be causing you losses in terms of time,…

Your Payment Data Is More Valuable Than You Think All payments your company makes say something. Not just about your income but about customer tendencies and behavior, about market trends, and even about how well your company performs as a whole. However, most entrepreneurs see only the total amount of sales and do not use…

Cash Isn’t Always the Cheapest Payment Method Businesses tend to think that accepting cash payments is cheaper than accepting credit card payments because there are no transaction fees involved when the customer pays in cash. Although this may be true, there are other costs associated with handling cash that go unnoticed. These include the time,…

Faster Checkouts Create Happier Customers Nobody likes waiting in a long queue for a checkout. Whether you own a retail store, restaurant, beauty parlor or any other type of business, a slow checkout can be a major source of frustration for your customers and may result in loss of business too. Fortunately, fast checkouts do…

Not Every Business Needs the Same POS System The selection of the POS system involves much more than just taking credit card payments. The system that is right for you will help streamline operations, provide excellent customer service and offer insights on your business. Nevertheless, the system that will suit the retail shop won’t suit…

Don’t Let Common Payment Processing Myths Hurt Your Bottom Line Myths abound in the field of payment processing. Business owners often base critical decisions on out-of-date information and common misconceptions that they have received from friends, competitors, or salespeople. However, buying into these myths may cost you in the end. Learning about how payment processing…

Switching Payment Processors Doesn’t Have to Be Stressful There are plenty of good reasons that a company would choose to change their payment processors. Perhaps you are in need of better customer service, lower fees for processing, new technology, or even just something that your existing processor does not offer. Regardless of why, changing payment…