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What is an EFT Payment? Everything to Know About This Method of Payment

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More and more, cash-only businesses are falling by the wayside, unable to keep up with consumer demand for convenient electronic payments. The world of Electronic Funds Transfer (EFT) payments is vast, spanning just about every payment method you can think of. What is an Electronic Funds Transfer (EFT) Payment?

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How to Choose the Right Payment Processing Software

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Selecting the right payment processing software is crucial for any business aiming to streamline transactions and enhance customer experience. You should consider factors like integration capabilities, user experience, scalability, and pricing structures, to ensure a seamless and cost-effective payment process.

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5 Benefits of ACH Payments Over Check Payments

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ACH transfers, or payments made through the Automated Clearing House network, account for billions of dollars in payments annually. In fact, NACHA, the nonprofit that governs the ACH payments network reported 6.1% in payment volume growth in Q4 2021. TL:DR ACH Payments are essentially digital check payments.

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Mobile Credit Card Processing Explained: What Business Owners Need to Know

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According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. shoppers as customers become more comfortable with the technology.”

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Apple Pay for Business: Everything Merchants Need to Know

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A good chunk of consumers use Apple Pay for online purchases. According to Statista , in 2024, 60% of consumers have use Apple Pay at the point of sale (in physical locations) while 38% use it online. Ensure you have the right NFC-enabled POS equipment, and configure your payment terminals to start accepting Apple Pay.

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Small Business Saturday Success Tips for 2023

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Small Business Saturday, or SBS, is a much-anticipated shopping event that takes place between the Black Friday and Cyber Monday holiday shopping frenzy. The 13th annual event is set for November 25th this year. The 13th annual event is set for November 25th. Walmart, Target) and eCommerce giants (e.g., Amazon, eBay).

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Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

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Learn how to achieve payment processing compliance when surcharging to improve your company’s financial stability and reputation. TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs. Encouraging Alternative Payment Methods. Interchange fee management.