Credit card processing fees are a necessary evil that are determined by a variety of factors. These factors are typically your industry, the type of transaction, the credit card types, and processing volume. These components are used to determine a tiered pricing model for a merchant account. While most processors offer different pricing models, the most […]
It’s been said that humans on average, can have anywhere from 12,000 to 60,000 thoughts per day – if not more. Pretty fascinating, right? Here’s the issue. Some speculate that an astounding 80 percent of our thoughts are negative and you train your brain to have more negative thoughts over positive thoughts. That’s not so fascinating. According […]
Thanks to to Electronic Signatures in Global and International Commerce act (ESGICA), which was enacted in 2000, electronic contracts and signatures are considered just as legally valid and binding as paper contracts. For most business owners, this means that they can have customers sign invoices for larger transactions, authorize payments, or sign a variety of […]
Over the last several years there’s been a lot of talk about Millennials. This really shouldn’t be all that shocking. At 90 million strong, Millennials are the largest demographic in America. It’s also anticipated that by 2025 Millennials will be the highest-earning generation in history and will be the generation that will turn the entire […]
Reaping the benefits of social media is more than signing up for a Facebook, Twitter, or Instagram account. It’s a serious time commitment that’s responsible for daily tasks like creating and scheduling shareable content, replying to social media comments, connecting with industry influencers, staying up-to-date on the latest industry news, and collaborating with other departments […]
The payments industry has been evolving with technology speeding up the process and changing how businesses and consumers make payments for goods and services. This year already shows the promise of significant advancement in online and mobile payments. We’ve created an infographic that provides a crystal ball analysis of what we believe are the five […]
All the way back in 1994 Bill Gates famously said, “Banking is essential, banks are not.” Today, that statement is even more spot-on — thanks to mobile phones becoming an important part of our lives, especially among Millennials. According to the Salesforce Research report, a whopping “75 percent of Millennials are at least somewhat reliant […]
Ever since the Social Security Administration (SSA) was launched in 1940, millions of people, specifically retirees and the disabled, have relied on this income to live off-of in their retirement years. In fact, 3 in 5 retired seniors rely on their social security benefits to provide at least half of their monthly income. Because this […]
Security is on the top of minds of any business that is conducting transactions, especially when they are online payments or mobile payments. While some security measures seem like common sense, the world of fraud and financial crime have grown with many creative methods for stealing money that you may not have thought of but […]
The holidays are meant to be a festive celebration where you gather with your loved ones. It’s also the time-of-year when you spend a lot of money, especially online. In fact, it was expected that in 2016 nearly half (47%) of consumers would be shopping online this holiday season. Unfortunately, swindlers are also aware of […]