Whether your business is just starting out, going through some changes, or has been around for many years, having a good understanding of your financial position (especially your cash flow) can make a huge difference in your daily management and how you approach the future of your business. Starting to fill out a blank spreadsheet with projections may seem intimidating, but it has less to do with pure math, and more to do with how much you know (or can find out) about your business, the market, and other factors that influence the numbers.Read More »
Category Archives: Accepting Payments
Whether you’re looking for a payment integration solution with a secure API, to expand your product offering without development, or you’re in need of a private label solution to reach more customers, finding the right partner program is crucial to the success of adding additional capability to your portfolio.
When deciding how to expand your business, you’ll want to start by evaluating your solution by five main criteria:Read More »
Credit card processing holds happen for a number of reasons and can definitely be a nuisance when you are trying to run your business. Learning more about payment holds can help you prevent some holds and quickly prepare information to release a hold in the future.
Let’s start with the basics, there are two types of credit card processing holds, underwriting holds and risk holds.Read More »
If you are like many small business owners, cash flow is one of your primary concerns. But for many small business owners, it doesn’t feel simple when their customers aren’t paying in a timely manner and frequently falling way past due.
To help you get paid faster, these advanced tips will stop payment delays, give your customers a better payments experience, and help your bills float to the top of the pile when you customer’s money is scarce.Read More »
Choosing the right online credit card processing service will save you time, diversify your ability to collect payments and ultimately increase your ability to generate revenue.
Choosing the wrong processor will leave you paying higher fees, confuse your customers and put you on hold for hours waiting for a customer service rep.
When you’re a small business, it’s difficult to find the right online credit card processor with so many options available. One Google search will pull up such an endless list of companies, the research could go on for days – unless you know what to look for.Read More »
Recurring bills have become a significant and “normal” part of our lives, both in business and in our personal finances. We’re all used to paying every month for our phone service, rent/mortgage, Internet, television, and utilities. Often with these recurring bills, we have the option to set up automatic payments, thanks to recurring billing technology. But when we don’t and we’re forced to resort to the checkbook and post office – we’re left feeling annoyed by the hassle.
Here are 5 tips to get started with recurring billing for your business.Read More »
In 2017 customers will continue moving toward a completely digital life. This will include embracing different forms of online billing and ways to accept payments, including EMV or chip card use, and an increase in mobile connectedness.
According to the 2016 Annual Billing Household Survey, customers use an average of 3.6 different payment methods each month for their bills. Mobile payment use increased with 33% of online households reporting to have paid a monthly bill through their mobile phone, a 22% increase compared to last year’s survey. Mobile users continue to demand multiple payment options with 42% of smartphone users reporting having paid bills through their phone.Read More »
So, what does the popularity of online buying and shopping mean for your business? Now, that your customer base is paying more bills online than ever, it’s time to consider the top 8 advantages of using electronic payments to sell your products and services. From better customer experience to cost and time savings for you, you’ll learn how electronic invoicing can grow your business.Read More »
Cash and checks are continually becoming less and less common with your customers, while online payments, and credit and debit card payments are gaining in popularity. A merchant account, or an account that enables the holder to accept payments in multiple ways (typically debit or credit cards), can help open your business up to these opportunities and add value to your company in a number of ways.
1 – Accept Credit CardsRead More »
Taking advantage of every donation opportunity is an important priority for nonprofit organizations. If you’re the head of development or in charge of fundraising for a nonprofit organization who is looking to plan a successful and financially-sound year of donation growth, these five tips might help:Read More »