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Tailored Tips

Start Accepting Apple Pay On Your Website

Last year, Apple introduced Apple Pay for the Web as a way to compete with online payment services like PayPal. This additional payment option is something you should consider for your business website -- and it's not just because hundreds of thousands of major brands and recognizable retail websites are already supporting this new online payment method.

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How New Chargeback Policies Could Impact Your Business

Credit card chargebacks are never a good thing. They happen whenever a dissatisfied customer initiates the refund process. As the merchant, not only do you lose the sale, but you also pay fees for each chargeback. The best way to protect yourself is to become proactive.

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3 Advantages of Mobile Invoicing

If you’re still sending paper-based statements to your customers, you’re probably not a fan of the monthly invoicing ritual. If you use electronic billing, your feelings about invoicing are probably different. That’s because the process is much faster, cheaper and greener across the board.

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Make Online Payments Easier For Your Customers

Part of an exceptional customer experience is to make the payment process as easy and convenient as possible. The faster your customers can complete their transactions in a secure and accurate way, the more likely they are to return for future purchases and recommend your business to their family and friends. Easier also means greater convenience, variety, and security with every transaction! Here are some strategies for addressing all those expectations about online payments.

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Batch Credit Card Processing

If you’re like most businesses, you enjoy making sales — but not the tedious process of manually uploading every transaction as it comes through. This process can be especially cumbersome if you’re a high-volume merchant. All of this reporting might represent hours of lost time and productivity, even if each individual sale is only a few dollars. With the right payment environment, however, it’s possible to upload and report all of your transactions at once with batch credit card processing.

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Why PCI Compliance Matters

If your business accepts credit card payments, then you’ve probably heard the term PCI compliance before. Unfortunately, for most business owners, the first time they hear about PCI compliance is when they're being charged PCI non-compliance fees on their month processing statement. PCI compliance is a complicated topic at best, and without a clear explanation as to why it's important, it can be hard to understand why PCI compliance should matter to your business.

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B2B Credit Card Payments Are On The Rise

Commercial credit cards hold only a fraction of the overall B2B payments market, but that fraction is quickly increasing in size as the demand for this payment method is on the rise, by all accounts. Mercator Advisory Group estimated the U.S.

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Credit Card Interchange Rates Explained

When a business accepts credit card payments they can expect to pay a range of processing-related charges. For most businesses, however, the "wholesale" or interchange rate represents the lion’s share of their processing expenses. So what are interchange rates, and what steps can you take to manage or reduce these fees within your business?

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Property Management Payment Processing

You can empower your tenants to pay their rent with credit cards and other electronic payment methods with Tailored Transactions property management credit card processing solutions.

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Why There Are No Truly Free Merchant Accounts

Consider for a moment that one of your employees comes to you with what they consider to be a brilliant strategy: Stop charging for your product or service and just give it away for free instead. When you question their logic, they insist that this approach will increase your sales by tenfold. After all, just imagine all the customers you’d have when everything is free! Is this employee due for a promotion or the unemployment line? Maybe a class in Business Management 101 would be in order.

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