Since 2018, all businesses accepting credit cards have been required to have EMV-capable terminals. EMV compliance is the law, and the law stipulates that all merchants should have upgraded terminals that accommodate EMV chip cards in order to avoid liability. If a chargeback occurs and the card was swiped rather than chipped, the merchant will …
There’s a lot to consider as you start to reopen your business, especially when pandemic-related worries still loom. We know you want to keep yourself, your employees and your customers safe and healthy. One way to do this is by adjusting the way you accept payment, and luckily, you have several options to help you …
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Credit card processing fees can cost your business thousands of dollars every year – that’s money that could be reinvested into your business rather than being handed over to credit card companies. If you’re looking to reduce or eliminate these fees, offering a cash discount program is a great way to accomplish this. These programs …
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The advancement of technology has changed the way businesses accept customers’ payment. From cash to cards to smartphones, consumers expect to be able to use their preferred payment method while shopping, and businesses will want to ensure they have the necessary machines so they don’t miss out on sales. But what about customers who aren’t …
What’s the most convenient way to pay? Cash? Card? Everyone has their own preferred payment method, and as a merchant, it’s important you’re able to accept a variety of payment types. By doing so, you help improve your customer experience by meeting customers’ expectations, as well as ensure you don’t miss out on sales due …
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Payment processing machines today don’t just allow you to accept your customers’ payments – they can also be helpful tools for gaining insight into your business and helping it run smoothly. At Merchants Bancard Network, we offer a wide range of payment processing machines, including Point of Sale systems like the Clover system. It’s a …
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Watching your business grow is an exciting time, but it also brings new challenges. How will you ensure you have enough inventory? How will you fulfill orders? Who will help run the busy store? There’s a lot to consider when scaling your business, but don’t forget the positive impact that merchant services can make on …
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The holiday season can be a wonderful time of year, but businesses still face risks like fraudulent charges, fraudulent returns, chargebacks and more. Protect your business with these five tips. Check your securityBe proactive and make sure your security equipment is properly working. Test your alarm systems, locks, surveillance cameras, and any other security systems …
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Giving customers the ability to pay with credit cards is great for their shopping experience as well as your business. However, it does carry a level of risk, especially around the holidays. Credit card fraud can lead to chargebacks, taking a toll on your finances. Luckily, there are steps you can take to help prevent …
2020 is just around the corner. Are you setting your business up for success in the new year? Having the right payment processing solution is crucial to keeping your business running smoothly and customers happy. Here are three tips to help you start the new year strong! Make sure you have modern machines Today’s customers …