Square Just Changed Their Processing Rates. What Does That Mean for Your Business?
Heard the news yet? Square, one of the most recognizable processors in the payments space, announced that they’ll be making changes to their processing rates. Rather than charge their signature 2.75% flat rate, they’ll now charge merchants a 2.6% flat rate and an extra $0.10 per transaction. That math sounds confusing, and it is. If […]
ISO Agents! Come Find Us at WSAA 2019!
They told you that agents never have job security. They underpaid you for hustling in the field. Your residuals never reflected the work you put in to close deals, nor could those residuals fund the lifestyle that deep down you felt like you deserved. It’s about time that changed, don’t you think? At Quantum Electronic […]
Qtips: The Truth About Credit Card Minimums
Today, we’re trying something a little different. We’re introducing our “Qtips” series – merchant insights packaged into short, easy-to-read summaries! Think of these as mini blogs that you can read on your lunch break, before bed, or even while you’re waiting in line at the grocery store. Our first topic? Credit card minimums. You see […]
3 Ways to Protect Your Retail Business from Theft
Imagine walking into your business on a Monday morning…only to find your front window shattered, your POS system missing, and your inventory in disarray. Awful feeling, right? Now imagine going to sleep at night, not a single worry in mind, because you know your retail business is fortified with powerful security technology. Great feeling, right? […]
How the Best Local Businesses Get the Most out of Their Employees
In business, hiring the right person is like winning the lottery. Leadership is everything – those with it succeed, and those without it falter. That’s why a baseball team could lose 100 games one season, hire the right coach, and then win 100 games the following season. It explains why a classroom with poor test […]
In Need of Merchant Processing? Watch Out for These Three Deceptive Practices
Let’s be real: you don’t care about merchant processing. What I mean is that you don’t care how credit card information travels from your POS terminal to the banks and back. You don’t care about what the credit card companies are doing, or about the latest regulations they put in place – unless they directly […]
Here’s How You Can Prevent Credit Card Fraud Before It Happens
Your customers value nothing more than their own security. Unfortunately, most credit card users feel anything but secure. With the advent of technology, hackers are slipping passed firewalls and security checks with ease. Some people even distrust these security systems enough to avoid using credit cards altogether. Enter you, the merchant – the one whose […]
5 Things to Take Away from Target’s Customer Mishap
Last weekend, customers at Target stores across the country saw their worst nightmares come true as the stores’ checkout stations broke down. Angry customer after angry customer flooded the store while Target staff members could only stand by until the problem was fixed. While Target attributes Saturday’s outage to an “internal technology issue”, they believe […]
Credit Card Consolidation Is Coming. What Could That Mean for Your Small Business?
The days of carrying multiple credit cards in your wallet could be coming to an end. Binji, a startup company from Irvine, CA, is developing an all-in-one debit card. The sell? You can combine all your debit and credit card funds onto a single card, then choose which card to pay with at checkout. For […]
The Top 3 Lies That Payment Processors Love to Tell
How does a foot injury relate to the payment processing industry? Let’s say Sam’s got a broken foot and needs to wear a special pair of shoes until he heals. Naturally, he checks out his local shoe store to find a pair, where one of the employees meets him to show him around. They get […]