The way businesses collect payments for goods and services has changed since the COVID-19 pandemic began. Many places have done away with accepting cash, to limit contact with customers. In place of cash, businesses are promoting a new way to pay using various contactless payment options. What Is a Contactless Payment? A contactless payment is a method to pay for goods or services using various technologies without having to touch … Continue reading “Everything You Need to Know About Credit Card Processing and Contactless Payment Options”
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Find the Best CBD Merchant Account Provider to Capitalize on the Profit Potential of Hemp-Derived Products
Find the Best CBD Merchant Account Provider to Capitalize on the Profit Potential of Hemp-Derived Products
Hemp-derived products, including CBD products, have been a growing market for the past several years. As many states have passed regulations that make cannabis legal for medical and recreational purposes, it has helped fuel interest in a wide range of new products. As such, the number of hemp-derived products has grown. Hemp plants can also be grown to produce CBD products. Many of these products are very profitable for businesses … Continue reading “Find the Best CBD Merchant Account Provider to Capitalize on the Profit Potential of Hemp-Derived Products”
The Impact of the COVID-19 Outbreak on Digital Payments
The Impact of the COVID-19 Outbreak on Digital Payments
Before the COVID-19 outbreak, digital payments involved swiping or inserting the card into a credit card machine so it could read the chip. After the pandemic started to spread, the impact of the COVID-19 outbreak on digital payments presented new challenges for businesses to limit contact with credit card and debit card terminals. Contactless Payments Grew One noticeable change was that more and more merchants upgraded their payment processing equipment … Continue reading “The Impact of the COVID-19 Outbreak on Digital Payments”
How to Find a Credit Card Processor for CBD Products
How to Find a Credit Card Processor for CBD Products
The CBD market is growing, with more and more businesses selling CBD products. CBD comes from marijuana plants and hemp plants as an extract. CBD provides the benefits of marijuana, like pain relief, without the THC component, which results in feeling “high.” Even though marijuana has been legalized in numerous states for medical and recreational use, it is still listed at the federal level as an illegal Schedule I drug. … Continue reading “How to Find a Credit Card Processor for CBD Products”
The Merchant Processing Guide to Credit Card Merchant Services
The Merchant Processing Guide to Credit Card Merchant Services
To accept credit card and debit card payments at your business, you need a merchant processing account from a merchant service provider. Your merchant account will have different rates, pricing structures, and fees that you will be charged. The amounts can and do vary based on a variety of factors, such as the volume of transactions processed, dollar amount, business type etc. To get an idea of what you could … Continue reading “The Merchant Processing Guide to Credit Card Merchant Services”