How much does Square charge per transaction? Are there ways you can reduce your Square payment processing fees?  Like other payment processors, Square charges different fees based on the payment channel. However, the amount you pay will also depend on which Square plan you sign up for. While the Square Free plan requires no monthly […]

While 65% of consumer payments are made with a credit card or debit card, only 14% of payments are made in cash. For merchants, this represents a potential opportunity. If you can increase the number of cash transactions, you can lower your overall processing fees and reduce your operating expenses. Companies can encourage more cash […]

Soft declines make up the majority of declined transactions for merchants. Unlike hard declines, there are steps you can take to mitigate and resolve these issues. These transactions are declined for temporary reasons that can often be fixed by updating information, switching payment types, or retrying the transaction. To learn more about credit card soft […]

When creating a business strategy, entrepreneurs often focus on the cost of materials, overhead expenses, and labor hours. However, payment processing fees can quickly cut into your company’s bottom line. If you are currently paying PayPal business account fees, you’re likely spending more than you realize. With PayPal business fees, you’re paying a fixed-rate fee […]

From tax filing to reconciling invoices, computers are faster and less error-prone than human workers. One way you can improve your company’s internal processes is through business-to-business (B2B) payment automation. These automated tools can deliver more accurate results with fewer labor hours than manual processes. In one study, just 17% of businesses reported that they […]

Whether you’re struggling with your payment card industry data security standard (PCI DSS) compliance or are experienced at performing penetration tests, you need to fulfill your PCI DSS obligations. When it comes to PCI DSS for small businesses, there are 12 essential requirements that you are expected to follow.  Your compliance is essential because of […]

Behind the scenes, a worldwide network of payments handles payment processing every day. Banks, customers, businesses, and payment networks work together to ensure that each payment securely travels from the sender to the recipient.  There are many different payment methods available. By learning more about ACH credit vs. ACH debit, you can access lower fees […]

Today, the Authorize.net (AuthNet) payment gateway has more than 445,000 merchants. Since 1996, the AuthNet gateway has helped companies around the world with online, offline, and in-person sales. From advanced fraud detection to a convenient member dashboard, it offers a number of useful benefits for businesses. What is Authorize.Net? And does it have options for […]

In recent years, eCheck payment processing has grown in popularity. This method of making payments is convenient and fast. For merchants, it also offers lower fees and reduced chargeback risks. However, these digital checks can also take a few days to process. The exact timeline depends on bank policies, which batch the payment was processed […]

Businesses turn to Stripe because it offers a fast, convenient way to process payments. However, it is often not clear to businesses exactly how much Stripe is charging for each transaction. Stripe processing fees include flat fees, dispute charges, international fees, and other costs. Additionally, different payment types and channels are charged at different rates.  […]