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Tiered Pricing For Credit Card Processing: Why You Should Avoid This Common Pricing Method
Tiered pricing was supposed to simplify the costs of accepting credit cards but more often than not it’s an opportunity for processors to charge merchants more than they would pay with other pricing models. Here’s what you should know about tiered pricing and the best alternatives to it.
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Is Selling On Etsy Worth It?
In this article, we’ll discuss eight key signs that you’re ready to leave Etsy and give you tips for starting your own online store when you leave.
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How To Write A One-Page Business Plan In 7 Simple Steps
Learn when a one-page business plan is the right format for you & your business idea. We offer a free downloadable template and steps to get you started toward a successful business.
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The Complete Guide To PCI Fees: How To Avoid PCI Compliance & Non-Compliance Fees (Plus How To Spot A Scam)
This article will discuss PCI compliance, why it’s important, and how your merchant services provider treats it. We’ll look at the numerous ways in which providers charge (or don’t charge) for PCI compliance services and what kind of services you’ll receive. We’ll also discuss the dreaded PCI non-compliance fee and how you can avoid ever having to pay it.
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Best Practices For Managing Your Corporate Credit Card
Ultimately, corporate card accountability can limit the chance of employees making fraudulent purchases. This can save you time and money by limiting needless audits. Additionally, employees may be more honest with their corporate card use if you communicate clearly that every purchase is documented by the company.
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Interchange-Plus Pricing
With interchange++ pricing, your transaction statement will include three elements for each transaction: the interchange fee paid to the issuing bank, the card association fee paid to the card brand (e.g., Visa, Mastercard, etc.), and the processor’s markup fees. Note that card association fees are typically very low and do not constitute a significant portion of your credit/debit card processing fees.
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Mastercard SecureCode: What It Is & How To Use It
Maybe you remember the Hugh Jackman ad years ago where he asks: “Did you know SecureCode allows you to do more than pay safely?” Or, maybe you’re distracted by new, better Wolverine ads, currently. Either way, businesses and consumers alike should be sinking their claws into Mastercard’s SecureCode program. Mastercard’s SecureCode is a security measure […]
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DIY Cost Segregation: Can You Do A Cost Segregation Study Yourself?
For property owners, cost segregation can help save thousands of dollars through accelerated depreciation. The required cost segregation study to realize these savings can be expensive, so can you bypass this expense with DIY cost segregation?
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When Can You Do A Cost Segregation Study?
The best time to do a cost segregation study is the year the property is put into service. This is the same year that you purchase, construct, or remodel the property. However, if you didn’t order a study in the first year, you haven’t missed out. You can have a cost segregation study done at any time with a look-back study.
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