Yes, it is possible to pass credit card fees to consumers. In the United States, merchants have the right to charge customers a fee for using a credit card as a form of payment, as long as the fee is clearly disclosed to the customer and does not exceed the cost of processing the creditContinue reading “Can you pass credit card fees to consumers?”
Author Archives: FCP
Quickbooks: Is It a Payment Processor?
The short answer is no. Quickbooks is not a payment processor. While it does have some payment processing capabilities, it’s not a full-fledged payment processor. Quickbooks is a popular accounting software used by businesses to manage their financials. It’s known for its user-friendly interface and wide range of features, including invoicing, expense tracking, and reporting.Continue reading “Quickbooks: Is It a Payment Processor?”
How do I set up payment processing for a small business?
Setting up payment processing for a small business can feel overwhelming, but we’re here to help break down the steps. However, if you’re working with the right team you won’t feel overwhelmed! Let’s get started… In summary, setting up payment processing for a small business requires choosing a payment processor, applying for an account, integratingContinue reading “How do I set up payment processing for a small business?”
Avoid Credit Card Processing Contracts
Reading the fine print is CRITICAL when choosing a credit card processing service and your best option is to go with a provider who doesn’t have contracts at all! Salespeople rarely disclose all of the fees and take the time to explain the terms in depth. In fact, legally they’re not required to. Salespeople areContinue reading “Avoid Credit Card Processing Contracts”
Payment processor vs payment gateway
Understanding the difference between a payment processor and payment gateway is an important part of setting up your business, especially if you plan on accepting online payments. And yes, to process online payments you need both a payment gateway and a payment processor. A payment gateway is a system that collects and verifies a customer’sContinue reading “Payment processor vs payment gateway”
How to avoid payment processing fees
Nobody wants to pay credit card processing fees if they don’t have to and I’m here to tell you… you don’t have to! As a business owner you work too hard for your money and deserve to keep as much of it as possible. The easiest way to accomplish this is by offering your customersContinue reading “How to avoid payment processing fees”
How to choose a payment processor for your business
We have all seen the ads come through our social media feed saying “start accepting credit cards in 5 minutes.” You’ve also heard “if it sounds too good to be true“… Although those ads are technically true, there is actually a lot that they aren’t telling you! As a business owner, you should always feelContinue reading “How to choose a payment processor for your business”