Category: News - Part 10

Why Don’t More Small Businesses Accept Credit Cards

Credit and debit cards are nearly as common as cash. Nearly everyone in the USA has at least one in their wallet, including business owners. But data from Intuit INTU +0.22% shows that 55 percent of the nation’s 27 million small businesses do not accept credit cards. According to a recent infographic from Community Merchants USA, an educational nonprofit project of…

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Comparing Card Processing Rates As a Merchant: Getting the Best Deal

If you’re a merchant that accepts credit cards, you undoubtedly know exactly what your card processing rate is. You know it’s called a merchant discount rate, and it’s some percentage of the total bill, maybe a flat fee per transaction is also attached. If you did a little research, you would even know exactly how…

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Connecting With Customers: The Future of Mobile Payments

Google Wallet, PayPal, Square, MasterCard, Visa’s V.me, LevelUp. The mobile payments space is becoming more competitive by the day, with both established leaders and savvy upstarts staking their claim for market dominance and consumer mindshare. Already the range of choice seems overwhelmng, yet we are only at the start of the mobile payment revolution. What will fuel this…

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PayPal experiments with facial verification payments

Lots of companies are toying with digital wallet systems. Besides vendor adoption and consumer education, security concerns seem to be standing in the way of widespread adoption. But if PayPal‘s new experiment proves successful, that point may become moot. The online payment company has been testing a new mobile app functionality that would require shoppers to…

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