A practical tutorial for eCommerce managers to uncover hidden fees and find savings in payment processing Learn to calculate your exact merchant discount rate and identify hidden fees in your payment structure. This hands-on tutorial walks you through building a fee audit spreadsheet to find potential savings of $1,500 to $4,000 annually. TL;DR Calculate your […]
Category: E-Commerce

Over the past decade, the world of e-commerce business has completely transformed consumer purchasing behaviors. Practically everything you once had to procure in-person can now be purchased from the convenience of your couch through a series of clicks, taps, and confirmation emails. In fact, 1.79 billion people worldwide made a purchase online in 2018, with […]

Cash may have certainly been king at one point in time, but nowadays, card-based transactions reign supreme for consumers and the businesses they shop at. 77% of consumers prefer to pay with credit and debit cards over cash. With this in mind, making decisions around the payment types you’ll accept as a business owner proves […]

From self-ordering kiosks to tabletop and handheld server tablets, restaurateurs are finding new ways to invest in customer experience. Having a point of sale (POS) and payment processing system that’s both reliable, secure, and flexible is one area, in particular, that’s of primary focus. Thanks to technology and the rise of digital, the restaurant industry […]

PCI compliance is one of the most important factors in establishing safe online transaction processing, but many business owners and managers know very little about it. Most either assume that it doesn’t apply to them or that they already have it – whatever it is. But e-commerce software and online payment solutions aren’t PCI compliant […]

While every business is different, there’s one thing we all have in common – the need to process customer payments. Unfortunately, the process comes at a higher price. Literally. Ask yourself – how much does your business spend on payment processing fees? What about things like chargeback and next-day funding? Chances are, you use one […]

Credit cards are a big part of every business. If your store isn’t equipped for credit card transactions, you’ve already put a huge roadblock in the way of your company’s growth. But if you don’t have clear in-store and internal policies, even the best merchant services can’t help your business navigate new regulations. Here are two […]

Whenever a user dispute a credit card charge they find in their credit card history, one of the provider’s first steps is to demand that the retailer returns the value of the charge – this means chargebacks. They protect consumers from fraudulent charges, but they can also be extremely costly to the merchant.

When you’re looking for a payment processing service so you can make personal online transactions, you might just use the first thing you come across. But when it comes to your business, you want to back up your choice with some research. Different payment processing tools, like PayPal, Stripe, and BAMS, offer a wide array […]

Want to increase sales? Use the following sales tips to sell more products, boost your revenue, make your business grow and increase your ROI:

Every good sales professional or business owner knows how to tap into human nature to increase sales. Understanding what influences people to make a purchasing decision will help you boost your revenue. Here are some important things that will bring you more sales.

Brick and Mortar stores are taking a hit all because of e-commerce. Just look at Toys “R” Us and Babies “R” Us. These two were giants in their respective fields for over 60 years. Kmart which began in 1899 has liquidated and closed as well.

Many new merchants sign up with PayPal or Stripe to accept payments but often find that they have high cart abandonment and generally lackluster sales. In many cases, it’s not the product or the newness of the merchant that’s the problem – it’s the lack of a “real” shopping cart. Eliminating this issue is as […]

If you sell products from a physical store, you might be missing out on an entire other sales channel: the internet. Today’s customers expect even physical stores to be able to offer certain e-commerce features from their sites, and if these aren’t available, the stores seem behind on the times. Here are a few essentials […]

A very common question we encounter, especially from new online business owners, is when should they switch from accepting payment through PayPal to accepting payment directly on their site through a BAMS merchant account? We’ve got five signs that it’s time for you to make the switch.

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.

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 […]

Many merchant processors only offer funding for completed transactions with a two- or three-day delay. If you’re used to this, you may not realize how much this is affecting your business, but it shouldn’t take much thought before you can think of some problems it has caused. New businesspeople can also easily envision scenarios in which […]

It may seem like just yesterday when you could put up a site and have people come into your store to shop, but with the speed of technology’s rise, that might as well be a million years ago. Now, people want to buy precisely when they’re in the mood – and they don’t want to […]
