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The Price to Pay for Credit Card Processing: What is Best for Your Startup?

The Price to Pay for Credit Card Processing: What is Best for Your Startup?

| August 8, 2010 | 6 Comments

Credit card processing is unnecessarily complicated, evident by most business owners’ frustration with processors and dealing with them.  Luckily, a basic understanding of the different price structures processors use can help your business get the best deal and keep more of your hard earned money: There are three (basic) types of pricing structures: Tiered Pricing-Transactions […]

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How to Reduce the Risk of Chargebacks at Your Startup

How to Reduce the Risk of Chargebacks at Your Startup

| July 23, 2010 | 3 Comments

Many startups have nightmares about chargebacks: when a customer disputes a charge on their credit card, usually due to fraud concerns. The good news is that although chargebacks can be annoying, they are usually a very small percentage total transaction volume—0.015%-0.025% of total credit and debit transaction volume is charged back. Here are some useful […]

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Accepting Credit Cards as a Small Business

Accepting Credit Cards as a Small Business

| April 13, 2010 | 5 Comments

Entrepreneurs need to cover all of their bases, and one often overlooked base is payment processing. If your business plans to accept credit cards as payment at some point, you will need to choose a merchant account provider to process credit cards. Unfortunately,  choosing a credit card processor tends to be a long, frustrating, and […]

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