Do you accept the credit cards your customers like to use?

Posted on May 16, 2012 by Patrick Hare

Back in the 80s and 90s there was a popular TV ad campaign from Visa where exotic businesses were profiled along with the tagline “and they don’t take American Express.” Today, many small businesses would consider such a refusal to be financial suicide. As a business owner in the second decade of the new millennium, the ability to diversify your payment processing options is essential for business survival. While you may have been able to be choosy about your card acceptance options back when ...Read More

Best Small Business Payment Processing Solutions? You May Already Have Them!

Posted on May 14, 2012 by Patrick Hare

Many people seeking the best payment processing solutions for their business may not realize that they already have several key components in place. For example, newer credit card terminals have multiple data and USB ports which can accommodate check readers, PIN pads, POS systems, and contactless card readers. By purchasing a few peripherals, or making a couple of small changes to the ways they do business, business owners can take simplify the process of collecting payments and cut the costs associated ...Read More

Merchant Accounts for Churches

Posted on May 9, 2012 by Patrick Hare

Credit card processing for churches may seem odd to more traditional parishioners who are used to placing coins or bills into a collection plate. In the past decade, however, it has become far more common for churchgoers to pay with plastic, either by writing a card number on a donation envelope or by swiping a card through a credit card machine. The days where all collection plate proceeds could be held in a small metal box have gone by, and most churches are modernizing their donation acceptance ...Read More

Stop Identity Theft & Merchant Account Fraud With TransArmor

Posted on May 8, 2012 by Capital Processing Network

A credit card terminal can be a tempting target for criminals and data thieves, especially if it is an older model that stores actual card numbers and cardholder data. Similarly, outdated credit card processing software can be breached by identity thieves who are looking to get credit card numbers and cardholder names. In many cases more sophisticated scammers will take this information and match it up with public records in order to assume the identity of a legitimate cardholder. Luckily, there ...Read More

Telephone Credit Card Processing

Posted on May 7, 2012 by Patrick Hare

Note: for MOTO (Mail Order Telephone Order) Credit Card Processing, Please See This Post Although smartphones can be used to process credit cards, small businesses with merchant accounts have actually been able to process credit cards using a touch-tone telephone for a number of years. Before cell phones even had LCD screens, credit card processing companies had systems in place that automatically received and authorized credit card transactions. Even today, merchants take advantage of telephone ...Read More

How To Accept Credit Cards – Tips For Credit Card Acceptance

Posted on May 3, 2012 by Patrick Hare

Accepting credit cards has never been easier. Thanks to recent trends in smart phones, individuals and micro businesses have gotten into credit card processing with accessories that plug into the headphone, USB, or data ports of cellphones, tablets, and iPads. For these businesses, the process for accepting credit cards is simple: an app is downloaded, a bank account number is entered, and a device is plugged into the phone. For traditional merchants, there are a few more hoops to jump through, but ...Read More

Accept Credit Cards – Before Cash Becomes Obsolete

Posted on May 1, 2012 by Patrick Hare

A study involving more than 1000 technology experts indicates that cash may be a thing of the past by the year 2020. The study also indicates that traditional credit cards may be replaced by mobile payments which utilize chips in smartphones. For merchants who take credit cards today, the transition could be as simple as attaching an additional contactless reader device (which is already available) to their credit card terminals. For those merchants who aren’t currently accepting credit cards, ...Read More

7 Ways a Merchant Account Can Improve Your Small Business

Posted on April 30, 2012 by Patrick Hare

Lots of small businesses first became aware of merchant accounts when they set up credit card processing services. Over time, merchant account services have evolved into complex financial vehicles with multiple capabilities. For the average business, however, merchant accounts can be used to improve revenue and cut overall costs. Better yet, today’s merchant service offerings can put your shop or store on the same footing as large corporations, and in some cases you may notice that they are using ...Read More

“Free Credit Card Processing” and Terminals May Cost You

Posted on April 25, 2012 by Patrick Hare

Quite a few companies offer “free credit card processing” as a service or a bundled premium on ecommerce shopping carts, turn-key store setups, and accounting software. Unfortunately, the concept of free credit card machines and processing is a misnomer. Even if a merchant services company was to offer processing services at-cost, transaction fees from Visa, MasterCard, Discover, and AMEX would still apply. In reality, credit card processing and equipment fees are built into the cost structure ...Read More

Merchant Account Comparison Tips

Posted on April 24, 2012 by Patrick Hare

Anyone can compare merchant accounts and show an advantage when it comes to individual rates or fees, but will you save on credit card processing when you switch merchant accounts to a new processor? If you are just comparing rates on credit card processing, are you being quoted an artificially low rate or one that is not applicable to most of the cards you process? If you are looking to save on your whole merchant account, and consistently pay low rates for card and check processing, then ...Read More

Capital Processing Network | Credit Card Processing-Merchant Account Services