Looking for articles on how to take payments smarter?

One of the most important decisions a small business owner must make is how they are going to accept payments

A merchant account processes payments for goods or services sold to customers whereas a payment gateway simply transmits data about transactions from your business’s website to your bank or credit card company.

ACH chargebacks and disputes can be a major headache for small and medium-sized business owners. This blog post will teach you all about ACH chargebacks and how they work. 

Every business needs a quick way to send and receive money. Paper checks have been replaced by instant digital payments otherwise known as ACH transfers.

ACH payments are processed in batches and typically take 1-3 business days to process. Same-day ACH payments do not provide instant or same-day funds. 

If you do encounter any fraud or ACH errors, then you are protected under federal law. However, the only catch is that you need to report any problems within sixty days. 

When you are processing an ACH transaction, you are sending or receiving electronic payment data across the ACH Network. When one of these transfers occurs, it is known as an ACH Credit or Debit.

There are numerous benefits of using an ACH payment system. In this article, we discuss any of the benefits of ACH payment methods for business bill payments. But, first, what does the ACH payment option entail? 

One of the biggest benefits of Automated Clearing House payments (ACH payments) for small business owners is cost. 

As a small business owner, any work you do to lower costs and increase growth is time well spent. One strategy often discussed online is to offer more payment methods, and of the options available today, ACH payments stand out. These electronic payments help you improve sales and boost profit for strong growth.  

With ACH, you will save more money per transaction than a credit card, debit card, or wire transfer transaction, putting more money in your pocket. 

Back in May, I wrote an article explaining what cash discounting programs were. But since then, there have been significant questions about surcharging customers and convenience fees. Largely the curiosity lies in if they are the same thing as cash discounting programs or something else entirely. To clear up any confusion, I’m going to discuss the different types and highlight how they vary from one another.

As a business owner, you know that offering a range of payment methods increases your chances of a sale, but one payment method worth adding also saves you money and time. It’s called ACH.  

When you read about ACH, you will often hear about ACH debit, but what is it exactly? In this article, we discuss what ACH is, clarify what ACH debit payments are, and discuss the advantages and disadvantages of this payment method. 

One of your chief goals as a business owner is strong business growth, and that requires healthy sales and profits. Both help you improve your products and services and boost your marketing efforts so you stay ahead of your competition. You also gain the welcome benefit of more money to your personal bank account at the end of the day.  

Sometimes in the industry, we forget that most people do not understand its jargon. One prime example of this is the concept of integrated vs non-integrated credit card processing. To clear the air, I wanted to write a quick piece explaining the differences for businesses.

Each year, more and more businesses take advantage of ACH transactions for faster payments and lower-cost transactions. If you have looked into ACH for your business, you may have read the terms ACH credits and ACH debits. They may sound like similar concepts, but in reality, each has a different meaning, and knowing them can save you substantially as a business owner. 

As a small business owner, you know there is nothing quite like the feeling of a successful sale. Thoughts quickly go through your mind of how you will apply the funds. Perhaps they will go to your overhead, to your business growth, or your own pocket – or perhaps all three.  

As a non-profit organization, your success lies in receiving donations. There are many types of fundraising options, such as direct donations, payments for special events, membership fees, and payments for merchandise. Having the right software at your fundraising events with the capability to handle the full suite of fundraising payment options, all while being easy for you and your donor to use, is ideal. Welcome to the world of ACH.

By 2021, most people have heard of cash discounting programs. It’s popping up everywhere from gas stations, restaurants, even to retail stores. With well over a decade in the payment processing industry, I’ve had countless merchants ask about it and wondered if it was the right option for their business, as well as the potential benefits.