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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Customer Financing Secrets That Transform Small Businesses Into Revenue Powerhouses
With cost of living prices skyrocketing around the world, it’s no surprise that many people are looking toward credit or buy now, pay later options. From a business point of view, customer financing can become a valuable way to retain customers while attracting new ones at the same time. Yet, it requires careful consideration and […]
Cross Border Payments: The Hidden Infrastructure Revolution Transforming Global Business
These days, the world is a smaller place than it’s ever been. Not in terms of size, of course, but in how easy it is to contact and do business with people from other countries. The rapid boom of the Internet has made international ecommerce one of the easiest things to master, but there are […]
Payment Security’s Hidden Vulnerabilities: Why Your Strongest Defenses Might Be Your Weakest Links
Security is like a padlock that holds firm against anything that threatens to bring your business to its knees. Even the smallest issue can turn into a major problem when not addressed correctly, so it’s vital to check all your processes regularly. Yet, payment security is often left to one side, mostly because we assume […]
Payment Reconciliation Process: The Hidden Intelligence Revolution Transforming Financial Operations
These days, the payment reconciliation process is more important than ever before. There are countless types of fraud doing the rounds, and this process helps to spot any issues and inform changes in your payment processing setup. Of course, it’s not only about that; it’s also a chance to check everything is working as it […]
Freelancer Payment Solutions: The Hidden Psychology and Economics That Control Your Income
You can blame the COVID-19 pandemic, the focus on home and work-life balance, or anything else you like, but the freelance/gig economy is booming. In fact, according to Upwork, freelancers on its platform earned a collective $1.5 trillion in 2024. If you’re reading this, you’re either a freelancer yourself, or you know one. It’s also […]
Payment Settlement Process Secrets That Could Transform Your Business Cash Flow Forever
Technology changes everything, whether it’s obvious or it’s behind the scenes. When you make a payment as a customer, or a customer buys something from your business, a series of actions begin. This all happens extremely quickly but involves several entities and processes that complete the cycle. Once it’s done, settlement occurs – this means […]