Trying to pick the best credit card processing company can be overwhelming. This is particularly true when you are a new small business owner who has never even heard of a “merchant account” prior to setting up everything you need to get your business running. The reality is that even the most seasoned CEOs can […]
Over the past several years, business owners have become more aware of interchange fees, and how they impact their business. I’m a huge proponent of this because it has forced greater accountability in the payments industry, and empowered businesses to control costs and negotiate their processing fees more effectively. Even though interchange is generally better […]
A few years ago creating an online store seemed mind-blowingly complex for medium and small businesses. You had to code your fingers to the bone to make your first sale. Luckily, everything is different now. Indeed, it’s never been easier to start an online store from scratch within just a short space of time. No […]
As the new year gradually gathering its pace, there comes the best time to step away from your day-to-day activities and reflect on your plans and perspectives. To give you some insights on where to focus your attention we’d like to point out 5 marketing ideas that are going to shape the marketing industry in 2019.
Imagine you sell outdoor equipment. You have thousands of items in your stock, and you are an omni-channel hero. You’ve grown your first store to multiple sales channels that include big box online retailers, B2B vendors, and your eCommerce store that you’re trying to actively grow. Looks pretty good, right? BUT… Your processes that once […]
As a consumer, one of the most frustrating experiences is not getting what you’ve paid for. A new pair of trainers that are never delivered, but that the merchant insists were. A magazine subscription that halts when the publication company goes under. An online grocery shop debited twice to your account. Such problems are often […]
Getting PCI Compliance Right Day-to-day business is complicated enough for new e-commerce site owners, but if you accept credit or debit cards as payment one important part of your remit is to be completely compliant with the Payment Card Industry (PCI) standards. This can feel overwhelming as the PCI DSS compliance document is long, can […]
Payment processing companies – they are virtually everywhere. If you own an eCommerce store, you’d know that your website needs a payment processor in order to become a fully-functioning money-making machine. But how exactly do you choose which service to go for? Which ones are most secure, reliable, and better-performing? We’ve listed our favorite 25 […]
Accepting online payments, you may find out that your store is the place where the thief is trying to use the stolen card. It costs you money. Because the fraud losses are distributed across all merchants, we don't hear too much about them. But the truth is that the online merchants are losing way more than customers and banks together! So you should roll up the sleeves and protect your business from these expenses.
Let's have a look at actions you can take today in your own online shopping experience to reduce shopping cart abandonment and increase the customers who make it all the way through to your "thank you" screen.
Did you know that 25% of consumers will abandon their shopping cart if their preferred payment method is not accepted? The truth is that modern consumers are demanding. Facing a wide choice of stores, they will complete their order in the one that mostly meets their expectations. Recent studies show that today Discover is a preferred payment method for many of online customers.