In these tumultuous times the Bankcard Brokers team is doing our best to share what we know that can help you weather the storm. Our focus is always on providing the tools and information to make your business better and more profitable. This week there have been 2 significant developments for businesses. The Payroll Protection […]
At the start of every new year professionals all across the various markets like to talk about, and even make predictions about, what we can expect in the year ahead. We in the payments arena always, always, have our eye on the advancements being made to help merchants and consumers alike enjoy a frictionless experience. […]
So you know you need to be able to accept credit cards if you want your business to be a successful one and to do this you realize you will need a merchant account. You may even know that in order to get one you need to find yourself a decent merchant service provider (MSP). […]
It would be easy to disregard the importance of the role your POS, or Point Of Sale system, plays in your business. Because they tend to go hand in hand, many business owners regard their merchant processing and POS system as necessary evils, just some of the extra headaches you have to deal with when […]
Every merchant, no matter how big or small they are, needs a way to take payments in exchange for whatever wares they are offering. Whether you are as big as Costco or small as, well, as small as the single one-man-show operating his/her Etsy account. Long gone are the days where a shop owner flips […]
Consumerism is an increasingly competitive marketplace. Studies show that over 133 million people own at least one credit card and these days customers prefer the convenience of using credit/debit cards over cash. Many small business owners want to just continue with ease of only accepting cash. They believe that shopping for merchant services is just […]
In Part 2 of our video series we look at the various billing methods that merchant account providers use to hide rates and fees, appear competitive, and maximize their profits. This will help you understand the cost of your credit card processing and help you to negotiate a good deal.
As EMV continues being implemented in the United States, businesses will see a reduction in fraud related to “in person” transactions. EMV technology works to prevent criminals from re-using stolen credit card data, however, this could cause an increase in other types of fraud, especially “card not present” transactions. Ecommerce is booming and retailers are not […]