As your business grows and changes, so too will your credit card processing needs. In addition, you may also come to a point where you realize you and your business deserves more than what your credit card processor is providing you. Below are several conclusions that business owners just as you have come to, that demonstrates that it is time for them to change to a credit card processor that focuses on improving the partnership they have with them rather than merely increas

When customers purchase products from your business using their credit card, debit card or checking account information they are trusting you with some of their most sensitive information. Unfortunately, there are individuals that are constantly working on methods to steal that sensitive information for their benefit, at great risk to you and your customers. According to the National Cybersecurity Institute, there are many negative outcomes for companies when their data has b

Canadian business owners are constantly trying to find the best Canadian merchant account processing rate and often attempt to do so by researching other businesses' rates. However, knowing how much other business owners pay in merchant fees may not be very helpful as several factors can affect a company’s credit card processing rate. Understanding these factors and how they contribute to your processing fee structure can help you determine if you can find a more competitive

To be a successful business owner, you need to know your business inside and out and constantly be looking for ways to lower your costs. If your business accepts credit cards one cost your business accrues every month is credit card fees that go to your credit card processor. With the stress and time involved in running a business, it can be hard to sit down and evaluate how much of your profit is going to your credit card processor and whether it makes sense for you to switc

Canadian businesses rely heavily on merchant accounts in order to accept credit card payments. With the introduction of companies like PayPal and Square the hassle of getting a merchant account was drastically reduced and the potential for more businesses and individuals to accept credit cards as a form a payment increased dramatically. While the introduction of more merchant account providers may seem like a win for business owners, many business owners fail to shop around f

The most important aspect of any business is sales. In today’s market, only 27% of purchases are made with cash. This percentage is set to drop to 23% in 2017. Even though a large majority of sales are through credit cards as much as 55% of businesses do not accept credit cards (Forbes). Companies in the United States and Canada that do not accept credit cards are potentially losing out on billions of dollars in sales each year. So why are these companies choosing not to acc