Category: BAMS Blog

Next Day Funding And Your Business
Featured Article Next Day Funding And Your Business

Next day funding is a credit card processing feature that sees the funds from a merchant’s sales hit their bank account in a single business day.  If you’re currently taking credit card payments, you’re probably used to waiting at least two business days to access your funds. Next day funding eliminates that wait. It shortens […]

Atom connect with blur fashion retail shop e-commerce store concept The E-commerce Processing Rush is Far From Over
Read MoreThe E-commerce Processing Rush is Far From Over

When e-commerce processing first came into existence, analysts predicted that it could become a multimillion-dollar industry. Now, it’s clear that what once seemed lofty was actually understated. Billions of dollars change hands online, and the vast majority does so via credit card transactions. This makes e-commerce processing more important than ever.

American Express and other credit card Key Benefits of the OptBlue Program
Read MoreKey Benefits of the OptBlue Program

Allowing customers to pay for a product or service using a credit card is a very important convenience that can directly result in higher sales. While there are clear advantages to allowing a consumer to use credit cards for payment, it can result in some drawbacks including the requirement to pay fees and delays in […]

Consider Authorize.Net for Maximum Benefit in Your Small Business Consider Authorize.Net for Maximum Benefit in Your Small Business
Read MoreConsider Authorize.Net for Maximum Benefit in Your Small Business

There are many payment gateways in the market and more are coming up by the day. Some banks even have their own gateways. It can get confusing for small enterprises just starting out on which platform to choose that is appropriate for their online store or e-commerce business. One such advantageous payment gateway and the […]

Old Way or New Way on Chalkboard. Next day funding concept How Next Day Funding Can Help Your Business
Read MoreHow Next Day Funding Can Help Your Business

Providing customers with the ability to pay for a product or service with a credit card is an incredible service that could result in far greater revenues for the business. However, when you sell a product with a credit card, you often are not able to receive your actual payment for up to 72 hours […]

Young woman using a digital tablet with local NYC merchant services while working in a coffee shop Why You Should Hire a NYC Merchant Services Provider
Read MoreWhy You Should Hire a NYC Merchant Services Provider

For any business that accepts credit card payments, having access to a company that can provide merchant services is very important.  For those that are located in the New York City area, hiring a NYC merchant service provider could be a great decision.  There are several advantages of having a merchant service provider that is […]

POS merchant account services system Benefits of a Low Priced Yet Quality Merchant Account Provider
Read MoreBenefits of a Low Priced Yet Quality Merchant Account Provider

It is axiomatic to regard merchant account service providers with low pricing as deceptive enterprises with notorious tactics ready to exploit loopholes they keep hidden in drudgery contracts. Since the advent of e-commerce and the necessity of third-party payment processors, businesses interpret more or high pricing as better or premium service.

NYC Network local business payment processor Why New Yorkers Should Use a Payment Processor Based in NYC
Read MoreWhy New Yorkers Should Use a Payment Processor Based in NYC

Big cities each have their own unique traits, and in one as large as NYC, there are enough of them that they make significant impacts on how business is done. There are local regulations, business payment expectations, and demands that may not exist halfway across the country. For this reason, it’s a good idea to […]

Mobile payment. Credit card reader on smartphone scanning a credit card. authorize.net concept Choosing a gateway? Make Sure You Get a Free Authorize.net setup!
Read MoreChoosing a gateway? Make Sure You Get a Free Authorize.net setup!

Authorize.net is well-known to e-commerce sites since it is the biggest payment gateway serving this market. It is stable, robust, and includes many security features. This ensures that it will remain the favorite for the foreseeable future.

Stealing a credit card through a laptop concept for computer hacker, fraud, network security and electronic banking security Tips to Help Prevent Chargeback Fraud
Read MoreTips to Help Prevent Chargeback Fraud

All chargebacks are frustrating, but it’s even worse when they happen because of fraud. Then, you not only lose the transaction but the merchandise as well. This alone is enough reason to make sure you stop fraud before you send out any products. Here are some of the chargeback prevention ways that you can armor your […]

Concept a Local Merchant Service Provider vector illustration Reasons Why You Should Work with a Local Merchant Service Provider
Read MoreReasons Why You Should Work with a Local Merchant Service Provider

There hasn’t been a more successful change in technology than in the way we make and accept payments. Since the automation of payments from our usual brick and mortar local banks and cash registers to mobile payments and credit card payments, various industries have since moved with the change and seen significant ease of doing […]

dollar sign with an arrow shadow. Next day processor funding concept 3 Ways Waiting For Your Processor Is Slowing You Down
Read More3 Ways Waiting For Your Processor Is Slowing You Down

Money is the grease that keeps your business moving. Products, employees – keeping all those gears spinning is how your business gains and keeps its forward momentum. For cash transactions, making sure you get paid fast is easy, but what about your credit card processor?

New york skyline New York Merchant Services concept NYC Merchant Services Processing
Read MoreNYC Merchant Services Processing

NYC is the city that never sleeps, so why does it make sense for a merchant to get a sleepy payment processor from somewhere else in the country? New York, New Jersey, and Connecticut area merchants need a local processor that understands their business needs.  Let’s look at NYC Merchant Services.

Commercial store fronts in an empty shopping center due to the possible increase in e-commerce The Undoing of Brick and Mortar by E-Commerce
Read MoreThe Undoing of Brick and Mortar by E-Commerce

With the Internet came the ability to shop without setting foot into a retail store. Now with high-speed internet, customers can shop on-the-go using their smartphones and tablets, and this is choking sales for brick and mortar retail stores. The last few years have witnessed the stubborn stagnation of retail sales while e-commerce sales are soaring. […]

Fictitious bank credit card front with EMV and back with magnetic stripe EMV vs Magnetic Stripe Systems
Read MoreEMV vs Magnetic Stripe Systems

We all know that the chip, or EMV, POS is becoming the new standard for card-reading technology. But what is the difference between the original magnetic stripe and the new EMV? And which one is better?

Small business worker accepting a credit card payment from her customer with a merchant payment processor Don’t Wait for Your Money – Use a Merchant Payment Processor That Funds the Next Day
Read MoreDon’t Wait for Your Money – Use a Merchant Payment Processor That Funds the Next Day

Making a sale is always great, but it’s irritating to have to wait for the money from the transaction to hit your account. Even worse, the delay can make it hard to run your business in an efficient way, especially if your company is smaller or has a drop-ship arrangement with its suppliers. Eliminating this […]

Dollar sign with arrow around icon vector, filled flat glyph, solid colorful pictogram isolated on white. chargeback symbol, logo illustration Chargeback Prevention Starts with Fraud Prevention
Read MoreChargeback Prevention Starts with Fraud Prevention

Chargeback prevention is one of the foremost concerns of online merchants. It’s always galling to have to send money in the wrong direction, and it’s even worse when the reason for it is outright fraud. With fraud, you’re not only out a sale but often, you lose your merchandise as well. Fortunately, there are ways to […]

Close up EMV chip credit card 3 Reasons Why Your POS Needs to Handle EMV Chip Card Acceptance
Read More3 Reasons Why Your POS Needs to Handle EMV Chip Card Acceptance

Over the last few years, many credit and debit card issuers have added the EMV chip to their cards. These are the little golden spots on cards that look somewhat like mini circuit boards. Inside them, microprocessors are embedded that encrypt data and make it more secure during transactions. There are many upsides to enabling your point-of-sale (POS) equipment […]

Why It’s Important for Your Payment Processor to Offer a Free Authorize.net Gateway Why It’s Important for Your Payment Processor to Offer a Free Authorize.net Gateway
Read MoreWhy It’s Important for Your Payment Processor to Offer a Free Authorize.net Gateway

In order to accept online payments, a business has to have a special gateway to connect to the processing system. One of the most-used and trouble-free solutions is to use Authorize.net, which is the leading online payment gateway provider. Authorize.net can also process transactions that are entered directly into its system, so it’s easy for you […]