If you are just starting your business the dilemma merchant account vs bank account would have crossed your mind. Figuring out ways for processing credit card payments, paying bills or depositing cash can be a confusing and time-consuming process. Many financial institutions offer two types of accounts, each with different characteristics, a merchant account for […]
As the e-commerce business grows, several nifty e-commerce support tools are also on the rise. Marketing tools, metaphorically speaking, are your daily hammer and screwdrivers that you must own in order to efficiently grow your business. Here I outlined the top 10 marketing tools that will help grow your business. Open Data Most of the […]
According to latest surveys, the majority of customers choose credit cards over cash and cheques as their primary means of payment [1]. If you are selling any kind of products or services, you must accept credit card payments! If you are asking how you can accept credit card payments, you should first focus on your […]
There had been times when customer retention wasn’t as much of a priority like these days. Those times are now gone. Why? Business owners and marketers have started to realise that the cost to acquire a new customer is increasing, perhaps due to competitive and saturated markets. Bain & Company´s research has shown that increasing […]
PCI DSS (Payment Card Industry Data Security Standards) were created by the most popular credit card companies in the world. They were developed to prevent frauds related to credit card use whenever stores and other entities process credit card transactions. PCI DSS sets requirements for security policies, management and procedures that will keep consumers identity […]
Modern merchants are focused on providing payment solutions that are modern and friendly. This is exactly how open payment platforms can be described. This concept supports open source platforms that are freely available. They are getting quite popular because they provide more options to both merchants and clients and simplify the transaction process. So, open […]
In the last few years, the interest in merchant accounts has reached record high levels. In case you don’t know, a merchant account represents a bank account that allows the account holder to accept credit cards from clients who want to pay for the goods or services. Today, the vast majority of small businesses accept […]
Chargeback is a term that is well-known to modern merchants. For most of them, this term doesn’t bring positive feelings! So, what do chargebacks really represent? Businesses accepting credit card payments are aware that credit card transactions can be disputed by the cardholder. In cases like this, their business’ bank will simply notify them of […]
Along with the development of technology, the way how people pay for goods and services they purchase have also changed. Therefore, it is important to take a look at the payments future 2017 and get a better understanding about the trends. Non-cash payments on the rise Non-cash payments are on the rise! We know that, […]
The number of online transactions that take place per day is on the rise. The increasing number of online entrepreneurs has contributed a lot towards this. If you are an online entrepreneur, you need to have a basic understanding of what it entails to open a merchant account. The different options out there, and most importantly, what to look out for!
DISCLAIMER
Areto Payment Processing Services AG is a licensed Financial Intermediary and member of the VQF, a self-regulatory body approved by the Swiss Financial Market Supervisory Authority (FINMA) for the supervision of the financial intermediaries.
