Tailored Tips
Why There Are No Truly Free Merchant Accounts
Posted on: Wednesday, May 3, 2017
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.
» Read moreTop B2B Payment Trends
Posted on: Wednesday, April 5, 2017
While the digital universe has transformed the way businesses operate in nearly every area, B2B payment technology has lagged behind in most respects. In fact, you’re probably handling your accounts payable and receivable in exactly the same way they’ve been handled by small business owners for decades, Excel spreadsheets included.
» Read moreCommon Credit Card Processing Terms
Posted on: Wednesday, March 29, 2017
The world of payment processing has a lingo that’s all its own. Anyone involved in the process — including merchants — should know and understand these common industry terms.
» Read moreComparing Merchant Services Providers
Posted on: Tuesday, March 7, 2017
Selecting the best merchant services provider for your business is a critical decision that requires some time and effort on your part. At Tailored Transactions, we believe the process starts with an honest assessment of your business and the type(s) of credit card processing options you require i.e. traditional retail, MO/TO, e-commerce or mobile.
» Read moreGeo IP Tracking Filter
Posted on: Friday, February 24, 2017
Credit card fraud is a serious and growing problem, with experts predicting annual global losses to surpass $35 billion by 2020. Credit card abuse is especially pronounced in online retail since criminals can shop anonymously — from anywhere in the world. But what if most of your customers live in only a handful of countries? In fact, what if you don’t offer international shipping since 100 percent of your customers live in the United States?
» Read moreShould You Accept B2B Credit Card Payments?
Posted on: Monday, February 13, 2017
The average American consumer doesn't think twice about using credit cards. Most shoppers are prepared to pay interest rates in exchange for short-term loans. Plus, for those who don't carry a balance, it's possible to avoid interest fees altogether. As a B2B business, you aren't quite so lucky.
» Read moreMasterCard Selfie Pay
Posted on: Thursday, February 9, 2017
The selfie. We've all seen them. We've all taken them — and we all recognize that selfies have very little practical value outside of sharing them on social media. ....that is until now!
» Read moreThe Benefits Of Level 3 Processing
Posted on: Monday, February 6, 2017
If your business currently accepts credit and debit card payments, and you're using either a point-of-sale terminal, mobile card reader, or a standard payment gateway to process those payments, you're more than likely setup for Level 1 payment processing.
» Read moreThe Advantages Of Using A Virtual Terminal
Posted on: Thursday, February 2, 2017
If you operate a brick-and-mortar retail store, accepting credit card payments is easy. All you need is a merchant account and POS terminal. If you run an e-commerce website, you’ll need a secure online shopping cart and payment gateway.
» Read moreCredit Card Processing For Nonprofit Organizations
Posted on: Tuesday, January 17, 2017
Your nonprofit organization might not be obsessed with quarterly reports or annual earnings, but the long-term success of your organization depends heavily on your ability to bring in new funding to achieve your mission and to sustain programs. This is why many charitable organizations structure their operations just as one would in the for-profit business world. This includes:
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