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Credit Card Decline & Error Codes
Credit card decline codes are sent to merchants from credit card processors when a transaction is unable to be processed. Each numerical code corresponds to a different reason a transaction may be declined, such as the card in question being reported lost or stolen. Want to know more about how to deal with decline codes or what to do when one comes up? Read our handy guide to credit card decline codes.
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Billback & Enhanced Billback: Why Merchants Should Beware
One of the most confusing billing methods in the credit card processing industry today is the billback (BB) method. Chances are, you don’t even know what it is. What’s worse is that billback spawned an offspring called enhanced billback (EBB), which is even more complex than the original.
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Shopify Shipping Guide: Run Your Shop Like A Pro
Shopify Shipping is a built-in shipping suite that gives merchants tools to calculate real-time shipping rates, purchase and print shipping labels, and track shipments. Although Shopify Shipping is free for Shopify users on every pricing plan, you should note that it’s only available for orders shipped from the United States and Canada. Read on for more details.
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What Is A Credit Card Surcharge & Should You Charge Them?
Credit card surcharging has rapidly gained in popularity in recent years as court decisions, and legislative changes have gradually removed legal barriers to the practice. The ongoing COVID-19 pandemic has greatly accelerated this trend. Nonetheless, the question remains: Should you add a surcharge?
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What Is An eCheck? A Guide To Electronic Checks For Small Business
These days, electronic payments continue to gain prominence. eCheck payments offer several distinct advantages over not just traditional paper check payments but also credit/debit card payments. In fact, many businesses can’t really afford not to offer echeck payment acceptance as an option.
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Best Credit Card Readers For Small Business
Tired of telling customers, “Sorry, cash only”? With a credit card reader, you can take payments almost anywhere, access customers who only carry cards, and even get paid faster. Check out the best mobile card readers for small businesses.
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The Complete Guide To Customer Financing For Small Businesses
Financing allows those who are wavering on a purchase because of the price to buy from you right away and then pay for the goods/services in installments in the future. This way, you don’t lose a sale to sticker shock. This is called customer financing or, sometimes, consumer financing. Broadly speaking, you can provide customer financing yourself, or you can use a third-party financing specialist. As to how to do either, along with their pluses and minuses, read on to find out.
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Short-Term Loans, Merchant Cash Advances, & APRs
Small business owners searching for a merchant cash advance (MCA) or short-term business loan (STL) are often surprised to learn that their capital has come with a very high effective annual percentage rate (APR) that’s sometimes in the triple digits.
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THE WINNERS OF MERCHANT MAVERICK’S OPPORTUNITY GRANT FOR KID ENTREPRENEURS
We were blown away by the quality of businesses that applied. Ultimately, we settled on five amazing businesses, each earning $2,000 toward growing their small business. The winners span from California to Florida and represent a variety of industries — from farming to financial planning! But the one thing they all had in common was a dedication to improving the world through sustainable business practices.
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