Tailored Tips
How Secure Are NFC Payments?
Posted on: Thursday, September 8, 2016
Short for “near field communication”, NFC allows devices in close proximity to transfer data back and forth in a wireless manner. The technology is very similar to Bluetooth, but NFC uses far less power and works over much shorter distances. In the world of commerce, merchants and consumers use NFC technology to initiate contactless payments via credit cards or mobile devices. Rather than physically swiping the credit card, consumers simply wave their preferred payment device across an NFC...
» Read moreThe Benefits of Having An Online Payment Portal for Real Estate Management Companies
Posted on: Tuesday, September 6, 2016
Most renters and property owners still send in their monthly payments via paper-check. It's a tried-and-true payment method that works. However, this approach has several drawbacks — both for the payee and the recipient. When sending in rent or mortgage payments via check, payees must:
» Read moreReduce Fraudulent Activity On Your Merchant Account
Posted on: Tuesday, August 9, 2016
Credit card fraud has been steadily on the rise as criminals develop even more inventive ways of stealing financial data for unauthorized purchases. The introduction of EMV credit cards is helping to reduce fraudulent activity within brick-and-mortar retail stores. However, in the online world, the security features that come with these chip-enabled cards offer only limited protection. As a result, security experts predict that Web-based credit card fraud could exceed $6.5 billion by 2018.
» Read more4 Reasons Why Your Business Should Offer Gift Cards
Posted on: Monday, July 11, 2016
Gift cards represent a safe and convenient way for consumers to buy the products and services they love. In fact, Americans are so enamored with this payment option that in 2015 alone, they collectively purchased over $127 billion worth of gift cards for their friends and family. If your business does not currently offer gift cards, you're missing out on a huge slice of retail spending. Here are some important reasons why your business should be offering gift cards to your customers.
» Read moreHow Long Until Cash Is A Thing Of The Past?
Posted on: Thursday, June 30, 2016
Roughly 10 percent of all Americans don't carry any type of cash at all, and nearly 80 percent of shoppers keep less than $50 in their wallets — and why should they?
» Read moreThe Value of Accepting B2B Credit Card Payments
Posted on: Wednesday, June 29, 2016
With the average credit card debt exceeding $15,000 per household, it’s safe to say that American consumers love shopping with plastic. They may not be crazy about the interest rates, but the convenience, speed and security are hard to beat.
» Read moreWhat Is EMV & How Does It Effect My Business?
Posted on: Wednesday, June 1, 2016
If you have received a new credit or debit card recently, it probably looks a little different. For the past 18 months, all newly issued cards are coming equipped with something called EMV technology, which stands for “Europay, MasterCard, and Visa.” Translation: they contain a super-small computer chip that’s extremely hard to counterfeit or duplicate.
» Read more4 Reasons Why A Merchant Account Is Better Than PayPal
Posted on: Friday, May 13, 2016
Merchant accounts have several distinct advantages over PayPal accounts. Here are four important reasons why your business should choose using a merchant account over PayPal. Next Day Funding We will setup your merchant account with Next Day Funding. This means that all of the money that your business is paid today through credit card transactions, will be fully available in your bank account tomorrow morning. There are no delays or waiting multiple days for your money to be deposited.
» Read moreBeware of Teaser Rates
Posted on: Thursday, April 28, 2016
When your business goes shopping for a new credit card processor, there are a few key factors that you should strongly consider, including the type of credit card processing your business needs (Retail, MO/TO, Mobile or Internet), the reputation and reliability of the processor, the level of customer support they offer, and of course... COST. On that last point, Tailored Transactions has some advice for businesses when it comes to evaluating credit card processing rates and fees: Beware of the...
» Read moreLevel 3 Processing
Posted on: Tuesday, April 12, 2016
Add 1% to your bottom line without increasing your sales volume! If your company accepts business, purchasing and government credit card payments, then your merchant account requires a specialized setup that differs from a standard retail or MO/TO merchant account. What your business needs is a B2B merchant account that is setup for Level 3 Processing.
» Read more