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 […]

Chargeback Defense Can You Fight a Chargeback?
Read MoreCan You Fight a Chargeback?

Merchants can fight chargebacks and, while many don’t, all should whenever possible because chargebacks matter. Chargebacks cost merchants money in the form of lost revenues and, in many cases, lost inventory. They also raise red flags when they start to rack up, causing potential strains in relationships with payment processors and the major card companies […]

What Is An Ecommerce Merchant? What Is An Ecommerce Merchant?
Read MoreWhat Is An Ecommerce Merchant?

An ecommerce merchant is a business that sells online and utilizes payment processing services to collect card payments. In a terminology-heavy industry like payment processing, it can be easy for confusion to arise about what certain terms mean and don’t mean. “Merchant” is one of those terms, and many people incorrectly assume that all businesses […]

American Express OptBlue Program Tips American Express OptBlue Program Tips
Read MoreAmerican Express OptBlue Program Tips

Amex OptBlue is a program designed to make American Express payments more accessible to small businesses. Traditionally, the high barriers to entry on the network and the extremely high transaction fees made American Express more trouble than it was worth for smaller merchants. To remedy that problem, the company created the Amex OptBlue program, which […]

10 Things to Know When Opening a New Merchant Account 10 Things to Know When Opening a New Merchant Account
Read More10 Things to Know When Opening a New Merchant Account

A merchant account is a mission-critical piece of the payments puzzle for most full-time business owners doing any kind of significant sales volume. But for new and experienced merchants alike, the process of getting set up with a new account can seem opaque and even difficult. Independent sales organizations (ISO) – sales companies that work […]

Next Day Funding: How Long Does it Take for Merchants to Get Paid Out? Next Day Funding: How Long Does it Take for Merchants to Get Paid Out?
Read MoreNext Day Funding: How Long Does it Take for Merchants to Get Paid Out?

Next day funding is a feature offered by certain payment processors that allows merchants to access the money from their batched transactions in a single day – in some cases, as little as ten hours after a transaction is submitted. Most merchants on standard funding plans don’t get access to their funds nearly as quickly, […]

Simple Merchant Services Make Doing Business Easier Simple Merchant Services Make Doing Business Easier
Read MoreSimple Merchant Services Make Doing Business Easier

Payment processing is a complex industry with a lot of moving parts, a lot of tech, and a lot of security rules. But, for the end merchant, all that complexity represents a needless source of headaches and potential business interruptions. The best payment processors offer simple merchant services that allow businesses to focus solely on […]

How to Tell If Your Business Meets PCI Compliance How to Tell If Your Business Meets PCI Compliance
Read MoreHow to Tell If Your Business Meets PCI Compliance

The Payment Card Industry Data Security Standard, or PCI-DSS, is a security standard that must be met by all companies that handle, store, or transmit credit card data from the major card brands. It exists to protect consumers and minimize the potential damage associated with payment-related data breaches.  PCI compliance refers to a company’s ongoing […]

What is a Retail POS System? What is a Retail POS System?
Read MoreWhat is a Retail POS System?

A retail POS, or point-of-sale system, is a combination of hardware and software designed to facilitate purchases at a checkout counter in retail and dining. A POS effectively automates most of the functions of an old cash register. Rather than having to punch in a product’s information and price and manually apply taxes, a POS […]

How to Get a Credit Card Reader Payment Gateway for my Business? How to Get a Credit Card Reader Payment Gateway for my Business?
Read MoreHow to Get a Credit Card Reader Payment Gateway for my Business?

Having a payment gateway that accepts credit cards on-site is important for most modern businesses, and it’s an absolute must for retail businesses, where cash-only sales are all but extinct. But how do you go about getting a credit card reader? The good news is that getting set up with a reader isn’t that hard, […]

Loyalty Programs Loyalty Programs for Small Businesses
Read MoreLoyalty Programs for Small Businesses

As a small business owner, you should always be on the lookout for ways to improve your customer offerings to drive customer loyalty and satisfaction. There are a few things that have historically benefited small businesses such as loyalty programs, customer reviews, and community engagement. The bottom line is that without satisfied customers, your business […]

Mobile Merchant Services 8 Industries That Really Benefits from Mobile Merchant Services and Why
Read More8 Industries That Really Benefits from Mobile Merchant Services and Why

Mobile merchant services enable businesses to easily accept payments from a mobile device at any time, from anywhere. These services are essential for increasing reach for small businesses and growing customer satisfaction for larger businesses. There are many industries that can greatly benefit from having mobile merchant services, some of which may surprise you. Here […]

Credit Card Processing Merchants with Next Day Funding Credit Card Processing Merchants with Next Day Funding
Read MoreCredit Card Processing Merchants with Next Day Funding

Next day funding is a payment processing feature that allows merchants to get their payouts in a single business day, without the need to wait on standard holds. It’s one of the most important features merchants can weigh when selecting the right payment processing partner. Not all merchant services companies offer next day funding, and […]

Chargebacks 4 Things to Know About Chargebacks and How to Prevent Them
Read More4 Things to Know About Chargebacks and How to Prevent Them

One thing that any business should be aware of when processing digital payments are chargebacks and chargeback prevention. Chargebacks can have a huge impact on business owners, especially for small businesses. The last thing that a business owner wants is to have to refund a customer for services rendered or products shipped, especially when there […]

5 Things To Know About PCI Basics And PCI Compliance  5 Things To Know About PCI Basics And PCI Compliance 
Read More5 Things To Know About PCI Basics And PCI Compliance 

With the retail world rapidly moving online, many companies are turning to online sales and e-commerce to keep pace with our evolving market. However, if retailers want to join the vast world of online sales, there are rules and procedures they have to follow, both to protect themselves from fines and their customers’ private information. […]

6 Things Every Small Business Needs To Succeed  6 Things Every Small Business Needs To Succeed 
Read More6 Things Every Small Business Needs To Succeed 

Making it today as a small business can be challenging. Between having to compete with big corporations and the ever-growing online market, it’s never been harder for brick and mortar stores. However, several tools, techniques, and technologies can help you integrate into the modern online market. 

5 Signs You Need A New Payment Processor 5 Signs You Need A New Payment Processor
Read More5 Signs You Need A New Payment Processor

More people have begun utilizing online stores with the continuous growth of online marketplaces and the pandemic’s recent lifestyle changes. Businesses that wish to retain these customers, or dip into the rapidly growing online market, will have to adapt and evolve to keep up. A safe, effective, and cost-efficient payment processor should be at the […]

Ecommerce vs. B&M Retail? Should You Take Your Business Online? Ecommerce vs. B&M Retail? Should You Take Your Business Online?
Read MoreEcommerce vs. B&M Retail? Should You Take Your Business Online?

Retail ecommerce is already worth over 431 billion dollars in the United States alone and is set to exceed $563 billion by 2025. Simply put, your customers are already online. If you’re still weighing the pros and cons of selling on the web, now is the time to take the plunge. Expanding your sales to […]

BAMS 2021 2021 Letter from the BAMS President
Read More2021 Letter from the BAMS President

Dear Valued Clients,  With 2021 almost behind us, I wanted to take the opportunity to thank you for choosing BAMS for your merchant services. Payment processing impacts everything from your bottom line to your customers’ experience and beyond, and we’re honored you’ve entrusted us with such a crucial aspect of your business.