BAMS Blog

Next Day Funding
Featured Article Next-Day Funding in Ecommerce: How Faster Access to Funds Impacts Online Merchants

A lot goes into running a business, and while many merchants love their work, at the end of the day it’s all about the money. Unfortunately for many merchants, particularly ecommerce merchants, the fruits of their labor are often delayed by the logistics involved in electronic payment processing. Every dollar that doesn’t come in as […]

Shopify Shopify: What March 1 Changes Mean for Buyers, Sellers and Shopify Sales
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Shopify is one of the world’s leading e-commerce platforms used by thousands of online retailers, sellers and commerce websites. It’s one of the first recommended platforms for start-ups and it can be integrated into any chosen website: These are all some of the reasons why it’s become one of the top options for selling and […]

Loyalty program Take Your Business to the Next Level by Offering a Loyalty Program
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Loyalty programs have been around for a very long time, but today, they’re everywhere. Our wallets are now packed with plastic and paper designed to get us some sort of discount from the stores and brands we love, and with good reason – loyalty cards work. They’re extremely popular with customers because people love discounts, […]

Chargeback Defense Merchants Beware: A Chargeback Defense Guide to Help You Avoid the Scourge of Ecommerce
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As a merchant, you take pride in providing the best service possible to each and every one of your customers. That’s why it can come as such a shock – even an insult – whenever a chargeback request comes in claiming that you failed to deliver on a transaction. While chargebacks are a reality of […]

Toast POS Terminal Picture Is Toast POS Leaving Merchants Burnt? A Quick Look at Toast POS Part Two of Two
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In part one of this article, we examined Toast’s discounting and billing structure and how it impacts merchants. Essentially, Toast offers significant discounts to restaurants on hardware and software but then charges significantly inflated transaction fees, which wipe out any other savings for restaurants doing any kind of significant volume. In part two, we’ll look […]

EMV Cards and Your Restaurant EMV Cards and Your Restaurant: What You Need to Know
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A credit card is a credit card, and a payment terminal is a payment terminal, right? 😉 Many merchants and restauranteurs would agree with that statement, but they’d also be very wrong. As a result, a huge number of restaurants don’t have the hardware they need to process EMV cards – the current standard in […]

Magento is one of the top e-commerce platforms Magento is Now Part of Adobe. How Does the Acquisition Impact Your Store?
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In June of 2018, Adobe completed its acquisition of Magento, one of the world’s leading eCommerce platforms. With the acquisition, Magento Commerce Cloud was added to the Adobe Experience Cloud, giving Adobe full end-to-end coverage of every aspect of online store creation and management, from web design to graphic design, content creation, sales, order management, […]

Payment Processing Should I Work with A Third-Party Processor?
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Third-party processors, like PayPal, Square, and Stripe, are companies that provide payment processing to clients by pooling all client payments through their own master merchant accounts. For example, if you sign up with PayPal, you do not get your own merchant account. Instead, whenever you accept a credit card payment, that payment is processed through […]

Toast POS Is Toast POS Leaving Merchants Burnt? A Quick Look at Toast POS Part One of Two
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Toast POS is a cloud-based restaurant POS provider and payment processor that offers restaurants a variety of POS options built on an Android framework. Toast has been growing rapidly since it launched its POS platform in 2013, and many restauranteurs are drawn to Toast both for its simplicity and the attractive pricing offers the company […]

Interchange Plus the Best Pricing Plan Is Interchange Plus the Best Pricing Plan? How the Most Transparent Pricing Model on the Market Provides Huge Savings on Merchant Fees
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One of the most important questions any business should ask themselves when looking for a new merchant account or merchant services provider is “how will this service impact my profitability.” It can be easy to simply write off merchant fees as a cost of doing business – and certainly, they are – but small differences […]

Ecommerce Account Should Your Business Have an Ecommerce Account?
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In 2018, almost 5,900 brick and mortar retail locations closed. 2019 has seen another 6,000 go the way of the dodo, and by 2026, as many as 75,000 stores will shut their doors permanently. The reality is, brick and mortar stores are expensive – far more expensive than their web-based eCommerce counterparts. As a result, […]

Chargeback Prevention Part Two: Is an Ounce of Chargeback Prevention Worth A Pound of Cure?
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In part one of this two-part series, we looked at some of the technology-based solutions merchants have available to them to catch fraud early on and stop it before it can result in chargebacks and lost revenues. In part two, we’ll look at the other side of the coin – legitimate chargebacks filed by customers […]

Chargeback Prevention Part One: Is an Ounce of Chargeback Prevention Worth A Pound of Cure?
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A seller receives an order and delivers on their end of the bargain flawlessly, only to later find that the money they earned has been clawed back due to a chargeback. This is an all too common scenario, especially in commerce online where purchases are made without any physical, real-world interaction between customer and merchant. […]

Data Breaches What Are the True Costs of Data Breaches?
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BAMS offers everything new and experienced merchants alike need to ensure that their customers’ sensitive payment data is always as safe as possible. We provide every one of our merchants with expert guidance through the sometimes complex process of becoming fully PCI compliant.

WooCommerce over Shopify Why Do So Many Businesses Prefer WooCommerce over Shopify?
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WooCommerce and Shopify are two of the leading e-commerce platforms in the world. Each is full-featured and designed specifically to aide online sales, but there are as many differences (if not more) than there are similarities between the two platforms. Below we’ll analyze four of the primary areas of comparison between the two platforms, and […]

Risk Scoring What Is Risk Scoring and How Can It Help You?
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Minimizing risk is a task of great importance to everyone involved in online commerce and electronic payments, from the merchants right through to the credit card issuers. High fraud rates and chargeback rates can have a significant impact on merchants, even resulting in enrollment in chargeback and fraud monitoring programs that can carry hefty fees. […]

Cyber Monday What is Cyber Monday and What Can It Mean for Merchants?
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Cyber Monday is the online sale event of the year. Since 2005, it has occurred every year on the Monday after Thanksgiving and is the opposite bookend to the more longstanding Black Friday sale. And while Black Friday might be the most important shopping day of the year when it comes to in-store brick and […]

Restaurant Payments Can Customer Order Kiosks Speed Up Your Business?
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There are a number of factors that go into the success of a restaurant. Enjoyable food and friendly staff are two of the most obvious ones, but for a quick service restaurant, highly efficient operations are equally important. The ability to move a high volume of customers from the front door, through ordering, to enjoying […]

Chargebacks for Business How Problematic Are Chargebacks for Business Owners?
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Chargebacks are a reality of accepting credit card payments. While many chargebacks are requested for valid reasons, there are plenty of cases in which disputes are initiated despite the merchant holding up every aspect of their end of the bargain. Unfortunately, many merchants don’t really understand the dispute process, how to handle a chargeback, or […]