Your Guide to Navigating Your Merchant Statement
As a business owner, you’re already wearing many different hats. You’re handling bank runs, interviewing candidates, and solving supply chain issues. Because of this, it’s easy to overlook merchant statements. While your merchant processing statement may look like any other bank statement or financial report, its contents are important for your company’s bottom line. This […]
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Mastering The High-Risk Transaction: A Comprehensive Guide for Businesses
When you first start a business, you have dreams of it growing into something huge. In many cases, that happens. However, some business owners find themselves plagued with challenges simply because of the nature of what they provide and/or sell. In many cases, these aren’t particularly controversial items as such; it’s usually a high risk […]
How to Choose The Best POS System for Small Business Owners
As a small business owner, you have a lot on your plate. Not only do you have to focus on marketing your business, keeping your customers happy, and the daily grind, but you also need to have one eye on growth. All of this means you have your hands extremely full. Yet, choosing the best […]
Mastering Returned Mobile ACH Payments: A Comprehensive Guide
When you’re running a business, you need everything to go smoothly. Even the smallest disruption can cause major issues, including financial losses, wasted time, and operational chaos. Yet, when it’s a problem with a payment, the worries quickly mount up. In this guide, we’re going to talk about mobile ACH payments, but in particular, returned […]
The Harsh Reality: What Happens If You Lose a Chargeback
Running a business is full of challenges. Throughout just one day there are many twists and turns that can happen, some creating opportunities, some causing problems. As a high-risk business, you’re probably painfully aware of chargebacks. In fact, most businesses are; according to studies, there were 238 million chargebacks in 2023 alone, and chargebacks related […]
25 High-Risk Industries According to Banks: A Comprehensive Guide
It’s easy to assume that banking services are out there for everyone. That it’s an inclusive service that serves the greater good. While in most cases that’s true, there are some industries which find it difficult to access traditional banking services, making their business operations tricky, to say the least. However, this isn’t just because […]
23+ Square Restricted Businesses You Need to Know About
Being paid for your goods and services should be as easy as A,B,C. Well, in theory, that’s the idea. Yet, in reality, many businesses face payment processing issues that cause delays, blocks, and restrictions, adding extra complexity to a process that should be relatively simple. The reason? The high-risk label. If you’re a high-risk business, […]
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