If I choose a payment processor purely because they are ‘cheaper’, only to have my merchant account terminated and funds held several months later because the processor I selected isn’t capable of handling high risk merchants, have I really made the profitable choice?
Category Archives: Business Process Optimization
Trouble managing your customers? 5 Top CRM’s compared
The reality is, the bigger your business gets, the more you’ll have to keep track of, and this is especially true when it comes to your customer management and acquisition. You may be acquiring more customers than ever before, or maybe you have less but they pay higher. Regardless, information about them that can guide …
Continue reading “Trouble managing your customers? 5 Top CRM’s compared”
8 ways to prepare for HOLIDAY SALES
Believe it or not, 2021 is almost coming to a close. Nearly a whole year has passed, and the world has definitely changed since the end of 2019 and 2020. Boy does time fly fast! As with most businesses, they often find themselves making the majority of their revenue in the Q4, and because of …
Checkout Abandonment: Causes and solutions explained
If you’re familiar in any way with eCommerce, which considering that you’re reading this you probably are, you’re probably aware of the tendency for shoppers to abandon their carts, often leaving for various reasons such as shopping on competitors sites and bad reviews. Abandoned carts are common in the eCommerce world, about 70% of carts …
Continue reading “Checkout Abandonment: Causes and solutions explained”
What is Automated Underwriting, and why should you care?
It’s not uncommon for new start-ups and established merchants alike to require loans, insurance and investments. Traditionally, this financial risk has been handled by institutions that have the ability to do underwriting, a term that was developed from the act of each risk taker writing their names on a piece of paper, under the amount …
Continue reading “What is Automated Underwriting, and why should you care?”
High Risk Merchant Accounts: What are they, and should you get one? Part 2
Why you should get a high risk merchant account Considering that you’ve read this far, it’s very likely that you think your business is indeed a high risk merchant, and that you probably need a high risk account to go with it. Now that we know a bit more about this type of account, and …
Continue reading “High Risk Merchant Accounts: What are they, and should you get one? Part 2”