Small Business Tips: How to Offer Consumer Financing to Your Customers

Offering consumer financing is one of the most effective tools for increasing revenue. That’s great for the big companies that have the luxury of offering a variety of options, but what about my small business? If you assume consumer financing is only available to big businesses, you will be glad to hear that businesses both

Fraudsters Adopt New Tricks, ID Fraud Soars to All Time High

As fraudsters find new ways to imitate their victims, ID fraud soars to record levels. It would seem these criminals are applying for fake policies to build on the profiles of their victims. Fraud prevention service, Cifas, revealed that identity theft reached an all-time high during the first six months of 2017. According to their

Is Faster ACH A Profitable Idea Or A Flop For Acquirers?

When there was the need for faster payment processing alternatives, Same-day Automated Clearing House came as one of the leading options. And it has been so to date, however, there’s the question of whether it is a perfect fit or not for acquirers. Despite ACH’s cheaper service fee compared to the use of credit cards,

5 Ways Small Business Owners Can Fight Chargebacks

Since banks have automated the chargeback dispute process, consumers will now find it very easy to file credit card charges. Currently, customers can file disputes by only a few clicks through the mobile banking apps in their Smartphones. And while consumers are happy about it, what does this mean for small business owners? A chargeback

How to Make 100k/year Selling Credit Card Processing

The general opinion is that selling credit card processing is lucrative. Well, that’s true, but the big question is:  How much money can you actually make out of this business? And there’s no straight answer to this quiz because often times your income depends on how hard you work.  It certainly leads to the next question; what’s