As a business owner, you rely on a merchant account to process customer payments. And while merchant agreements are essential, they can also be overwhelming and difficult to understand. It’s crucial to ensure that you understand the terms of your merchant agreement to ensure fair terms and prevent costly surprises. Here are some tips to …
How to Better Understand Your Merchant Agreement and Ensure Fair Terms Read More »
Merchant processing, also known as merchant services, is the process of accepting electronic payments from customers using credit and debit cards, as well as other forms of electronic payment such as digital wallets and mobile payments. Merchant processing enables businesses to expand their customer base and improve their cash flow by accepting electronic payments. If …
What Is Merchant Processing? Your Complete Guide to Merchant Services Read More »
As a small business owner, you know how important it is to be able to accept credit and debit card payments from your customers. However, you may not always have access to a traditional point-of-sale (POS) system or the ability to take payments through a physical terminal. That’s where mobile merchant services come in. In …
Mobile Merchant Services: What Every Small Business Owner Needs to Know Read More »
As a small business owner, you need to accept various payment methods from your customers. To do this, you need to work with a reliable merchant services provider that offers affordable rates, excellent customer support, and a range of payment processing solutions. In this blog post, we’ll take a closer look at the best merchant …
Merchant services are a critical component of any business that wants to accept electronic payments. In today’s digital age, cash is no longer king, and businesses must be able to process credit and debit cards, mobile payments, and other forms of electronic transactions. In this essential guide for small businesses, we will explore what merchant …
What Are Merchant Services? The Essential Guide for Small Businesses Read More »
PayPal is a popular online payment platform used by millions of businesses worldwide. While PayPal offers convenience and security, it also comes with fees that can eat into a small business’s profits. In this blog, we will discuss five useful tips for small businesses to avoid PayPal fees and maximize their earnings. Use PayPal Friends …
How Do You Avoid PayPal Fees? 5 Useful Tips for Small Businesses Read More »
Payment by text is a convenient and efficient way for small businesses to accept payments from customers. With payment by text, customers can make payments quickly and securely using their mobile phones, eliminating the need for cash, checks, or credit cards. In this blog, we will discuss how to implement payment by text in your …
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As a small business owner, you may encounter situations where you receive a payment that is pending or has been reversed. In these situations, provisional credit can provide you with temporary access to the funds while the payment is being investigated. In this blog, we will discuss everything you need to know about provisional credit, …
The Essential Guide to Provisional Credit: Everything You Need to Know Read More »
As a small business owner, you may find it necessary to charge a convenience fee to customers who choose to pay with a credit card. A convenience fee is a fee that covers the cost of processing credit card transactions and can help your business offset these expenses. However, it’s important to use clear and …
As a business owner, one of the most frustrating aspects of accepting credit card payments is the possibility of chargebacks. Chargebacks occur when a customer disputes a transaction, and the credit card company refunds the customer’s money, leaving you without the sale and potentially losing money on fees. Chargebacks can happen for a variety of …
A Complete List of Credit Card Chargeback Codes and What They Mean Read More »
OnSpot is a registered DBA of EPX and a registered ISO of BMO Harris N.A., Chicago, IL, Citizens Bank N.A., Providence, RI, The Bancorp Bank, Philadelphia, PA, and First Fresno Bank.