2020 has been a devastating year for businesses all around the globe. But even in 2021, we can see the aftershocks of the pandemic wreaking havoc on businesses. Companies are going bankrupt left and right as cash inflow is not enough to keep the business viable. But with these troubles, a new wave of innovation …
As we near the one-year anniversary of the pandemic, it’s apparent that the latest payment trends that took place at swift speeds are here to stay. The most common changes businesses are implementing include contactless payments, ‘buy now, pay later’ options, and increased security protection. In short, small and micro businesses need to cater to …
COVID-19 Payment Trends Are Here to Stay, Says Visa Read More »
The Paycheck Protection Program is back and supposedly better than before, helping small businesses stay open during the pandemic. If you didn’t make the first cut or were confused by what was required and/or offered, here’s your second chance to get funds to help you stay afloat. Here’s what you need to know. The Requirements …
Settlement Speed is of the Essence for Small Business Owners We all know that time is money, and in the world of small and medium enterprises, time is intrinsically tied to cash flow. When business owners have sufficient cash on hand, things have a great chance of going smoothly. Once the cash flow is drastically …
Protect Your Business from Credit Card Skimmers Each year, companies sign on to take advantage of merchant services offered for credit card processing. Skimmers are quickly becoming a threat to unsuspecting customers as companies rely more heavily than ever on point of sale services for their businesses. As a merchant, you want to protect your …
Businesses often face a double-edged sword when accepting credit cards. Credit card processing comes with fees that can eat into your profits, but defraying the cost with a surcharge for shoppers can turn away business. As a business owner, it’s important to decide which option makes sense for your business as a growing number of …
Should you Pay Credit Card Fees or Surcharge Your Customers? Read More »
If you’ve ever wondered if you should add online ordering capability to your retail establishment, we’re here to tell you, “Yes, you should.” It’s a no-brainer really. While we’ll get into more particular reasons why in the following discussion, there’s one very basic reason merchants should provide this option for customers – because they expect …
Smart phones are becoming ubiquitous mobile gadgets allowing individuals and businesses to complete numerous transactions 24/7/365 from anywhere. Small business loans are a market that has not been fully developed with respect to online lending. Learn why more strict financial regulations are pushing community banks to offer online lending for SMBs. Originally, all banks were …