Quick Guide to WooCommerce And Why It’s Good For Your Business
In 2019, global eCommerce sales reached nearly $3.5 trillion USD, up nearly 18% from the previous year. This number is expected to nearly double by 2023 – online sales are only going to increase from here on out. Shoppers favor online outlets, with the ability to make purchases and bookings at any time of the day, […]
What Are Virtual Credit Cards and Why are They Good
A virtual credit card is a unique 16-digit computer generated number used to settle a specific vendor payment transaction issued for a specific dollar amount. Designed as a more secure alternative to ACH and check payments, virtual cards are essentially “card-less” credit card payments. Virtual cards can be processed by anyone who accepts traditional credit card payments, […]
How Do Pre-Authorizations Work?
Credit card pre authorization is an important and useful practice for merchants accepting payments in person or online, and offers many benefits. With pre-authorization of payments, merchants ensure their customers pay for the products and services they use. Merchants also save time and money by eliminating the instance of fees for refunds, MDRs, and the hassle of […]
Success for SMB Hotels in Expedia and Booking.com
For hotels in the modern day, capturing an audience and keeping business steady can be challenging. Oftentimes the market can feel overwhelming, and with so many angles to look at, marketing can be confusing for many business owners. Many hotels have found success in listing their rooms on third party booking sites such as Expedia or Booking.com. The […]
A Merchant’s Guide to Credit Card Failure Codes
Transactions can be declined for a number of different reasons. Click here to discover what the various credit card failure codes mean.
How to Grow Your Independent or Small Hotel
Having an independent hotel, while not without its challenges, can be very rewarding. Having a small business means everything feels a bit more intimate – from the smaller numbers of staff, to more capability for personal attention to guests. It also means that managers and owners have more say in what goes, without the scrutiny […]
What 5G Tech and Speed Mean For Online Payments
Have you heard about 5G? The network upgrade starting to roll out around the globe has been a pretty popular topic of conversation, but what is it all about? 5G – a fifth generation mobile network – promises high speed increases to its predecessor, 3G and 4G. 5G networks have begun rolling out in select […]
VAT Regulations For Merchants In Africa
Value-Added Tax (VAT) is a tax that is levied on the sales of goods or services. How much the tax is worth is dependent upon the value of the goods or services being provided. In the case of products, the VAT is placed on a product at any point in the supply chain that value […]
The Benefits of Prepaid Cards That Make Them Popular
Credit cards have long usurped cash as shoppers’ payment method of choice. Convenience, security, and versatility make them a sensible go-to option for making purchases in person or online. For some consumers, however, access to a credit card is not an option due to limitations or restrictions prohibiting them from meeting criteria to being granted […]
B2B Payment Methods You Should Use
So, you’ve established your business, and perhaps even moved it online. You’ve selected a Payment Service Provider (PSP) to receive a range of payment types from customers. You’ve put a lot of effort into making your products or services available to a wide range of customers to access and pay in a myriad of ways, […]