Tag: BAMS

What is a Payment Gateway?
Featured Article What is a Payment Gateway?

Payment gateways are a crucial tool in both ecommerce and brick-and-mortar sales, but many merchants don’t necessarily understand what their gateways do or why they really need to have one at all. With that in mind, the following is a quick refresher on what gateways are, how they work, and why they’re so important.    […]

Toast POS Review: The Ups and Downs of a Top Restaurant POS Toast POS Review: The Ups and Downs of a Top Restaurant POS
Read MoreToast POS Review: The Ups and Downs of a Top Restaurant POS

Toast POS is one of the most popular point-of-sale systems in the restaurant industry. It’s known for feature-rich and easy-to-use software and a wide variety of hardware options. But while Toast POS is both highly capable and user-friendly, it does have some notable drawbacks, including the cost of payment processing and dependence on proprietary hardware. […]

Merchant Services Quotes - What to Look For In Payment Processing Merchant Services Quotes – What to Look For In Payment Processing
Read MoreMerchant Services Quotes – What to Look For In Payment Processing

Choosing a new payment processor is an important task, as payments are at the core of all businesses. But with so many options on the market, it can be hard for merchants to know how to differentiate one processor from another. When requesting a merchant services quote, many business owners will focus on price and […]

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, […]

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 […]

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.  

Apple Pay Adoption Challenges in 2022 and Beyond Apple Pay Adoption Challenges in 2022 and Beyond
Read MoreApple Pay Adoption Challenges in 2022 and Beyond

Apple Pay and other digital wallets, like Google Pay and Samsung Pay, are mobile payment technologies that allow users to pay for things with a simple tap of their phone or the click of a single button online. They offer speed, convenience, and, thanks to built-in biometric ID, heightened security. It comes as no surprise […]

What are Merchant Services? What are Merchant Services?
Read MoreWhat are Merchant Services?

When many people hear the term merchant services, they automatically think “transaction processing.” And, while that is a huge part of what payment processors do and certainly worth discussing, it isn’t the only thing processors offer businesses. Many merchant services providers today actually offer their clients end-to-end payment solutions that allow merchants to get everything […]

How to Get Lower Fees from Your Merchant SolutionsProvider How to Get Lower Fees from Your Merchant Solutions Provider
Read MoreHow to Get Lower Fees from Your Merchant Solutions Provider

Fees matter. In the earliest days of your business, when you were doing low sales volume, and your top priority was just getting to the customer any way you could, you may have put transaction fees low on your list of priorities. After all, what’s a percent here or ten or twenty cents there? But […]

Select a Merchant Services Provider with Strong Chargeback Defense Select a Merchant Services Provider with Strong Chargeback Defense
Read MoreSelect a Merchant Services Provider with Strong Chargeback Defense

Chargebacks are the bane of merchants, independent sales organizations (ISOs), and payment processors alike because they have the potential to cost everyone involved in payment processing a significant amount of money and headache. Chargeback defense programs are services offered by ISOs, processors, and third parties designed to catch and defeat chargebacks before they have the […]

The Importance of Great Customer Service in the Merchant Industry The Importance of Great Customer Service in the Merchant Industry
Read MoreThe Importance of Great Customer Service in the Merchant Industry

Payment processing is at the heart of every swipe, tap, or entry of a credit or debit payment, making it a crucial service that all merchants depend on. If you’re like most merchants, low fees and value-added services might be the first thing that comes to mind when evaluating potential processing partners, but there’s a […]

How to Select the Best eCommerce Merchant Services How to Select the Best eCommerce Merchant Services
Read MoreHow to Select the Best eCommerce Merchant Services

Your ecommerce merchant services provider is one of the easiest factors to overlook when it comes to the success or failure of your ecommerce business. It can be easy to assume that all merchant services providers are the same, but that couldn’t be further from the truth. The processing partner you choose will impact everything […]

Get your Business Money Faster with Next Day Funding Get your Business Money Faster with Next Day Funding
Read MoreGet your Business Money Faster with Next Day Funding

Next day funding is a feature offered by some payment processors that sees the funds from a merchant’s batched transactions hit their account in as little as a single business day, with no standard hold applied. Processors set a cutoff time, and the funds from any transaction batched before that time will be available in […]

The Most Common Merchant Services Offered by Payment Processors The Most Common Merchant Services Offered by Payment Processors
Read MoreThe Most Common Merchant Services Offered by Payment Processors

Every business looking to make credit or debit card sales will eventually have to engage with some type of payment processor, also sometimes known as a merchant services provider. These companies offer a number of products and services designed to facilitate secure, convenient card transactions, but they also offer a wide variety of value-added services […]

Next Day Funding Can Help Your Business Grow Next Day Funding Can Help Your Business Grow
Read MoreNext Day Funding Can Help Your Business Grow

When your customers make card purchases, for one reason or another, the money from those credit card transactions often doesn’t hit your bank account for two, or even three business days. In some cases, those delays — known as standard holds — are for fraud protection and risk mitigation reasons, and in some cases it […]

How Chargeback Defense Works How Chargeback Defense Works
Read MoreHow Chargeback Defense Works

Chargebacks are an unavoidable part of doing business which is why having a solid chargeback defense is of the utmost importance. In some cases, chargebacks are warranted, and there isn’t much a merchant can do about it. But, in many cases, chargebacks are submitted on transactions in which the merchant did everything right and has […]

Mobile Merchant Account Processing Mobile Merchant Account Processing
Read MoreMobile Merchant Account Processing

Cash payments have fallen out of favor, making up only 12% of transactions in the U.S. in 2020. The global COVID-19 pandemic has driven that down even further as health-conscious consumers have flocked to contactless payments. With card payments now the standard, even the smallest merchants need to find ways to move away from cash […]

B2B Merchant Account Service B2B Merchant Account Service
Read MoreB2B Merchant Account Service

Selling to businesses (or governments) is a different proposition than selling to consumers because the value of the average sale is so much higher — often in the tens of thousands and potentially ranging up into the millions. In the B2B world, security is at an even higher premium than normal, and cost management is […]