Credit Card Services Reveal 5 Tips to Protect Yourself from Fraud

Credit card fraud is a problem most small business don’t worry about—until it happens to them. If you do business online, by mail, or by some other method that doesn’t use cash transactions, you are at risk of losing money to credit card fraud. To minimize your vulnerability when using credit card services for business, here are a few tips to keep in mind.

Get all relevant information

Ask the caller to read the name, 16-digit account, card verification number, and expiration date exactly as they appear on the card. Also, ask for the cardholder’s complete address and phone number. Do not send goods to buyers who are unable to provide you with complete information. Read more from this blog: http://bit.ly/2mznwYf

Why Businesses Should Have Efficient Payment Processing Services

If your business is small to mid-sized, accepting credit cards is vital to your success. Credit card services serve as intermediaries between a business and a customer’s credit card company. Besides accepting the cards and keeping a good record of your inventory, there are a many ways to run your business effectively and one of them involves selecting the processing solution of the credit card you should use.

Do not assume that all service providers are the same and that their fee structure is similar. While they will all process your card and deposit your money, you must be aware of key details that could save you large amounts of money every year. Read more from this blog: http://bit.ly/2kYxTkZ

The Common Charges Involved in Credit Card Machine Payment Processing

In an age where almost every shopper walks around with plastic money, credit card processing has become an invaluable asset to businesses. Stores that permit customers to swipe their cards on a credit card machine or provide their details online are growing their market share by boosting sales. Credit card processing allows retailers and other entrepreneurs to speed up the shopping experience because customers don’t have to wait for prolonged periods to pay for purchases. Before you think about the right merchant bank credit card to use or the machine to buy, find out the different fees that these processing services come with.

Who’s Involved

To understand what all the various fees are for, you must know who the players are when getting credit card processing. Four entities are involved in the process; the customer, the merchant who receives payment, the issuing bank that issued the card, and the acquiring bank, which is the one the merchant uses for the processing. The processing fee percentage varies from one merchant service to another but knowing the basics will help you make an informed decision and avoid getting scammed when getting a credit card machine. Read more from this blog: http://bit.ly/2kYjs0g

Merchant Credit Card Account Process: 4 Frequently Asked Questions

As an online business owner, you’ve come to the realization that accepting credit cards can help you grow your venture and increase your sales. With this understanding, you must now choose a merchant account to work with. Before you make your choice though, you must first learn about the true costs that come with merchant account pricing. Check out these merchant credit card account FAQs to help make an educated decision as to which merchant account is best for your needs. Read more from this blog: http://bit.ly/2mzdeHW