[…]system allows a fraudulent payment to go through, it could be the end of your business. That’s why it’s crucial that you choose a payment system that offers quality fraud protection. Find a payment processing service that flags and rejects risky transactions. They should also encrypt data during the time of the transaction and also encrypt any data that’s stored in your system. Limits Some payment gateways set a limit on the number of transactions that your business is allowed to process every month. Once you hit that limit, that’s it. You can’t process anymore. For small businesses, this isn’t […]
[…]return policy. This will make customers second guess investing in a product they either can’t or shouldn’t afford. Questionable Products Again, you may be considered high risk due to your industry. If you sell adult entertainment or drug paraphilia, some lenders may refuse to work with you for guilt by association. Since the public perception of businesses of your nature is negative, lenders may not want to be seen supporting you. International Operations in the US If your company is located overseas, but you sell to customers in the US, there’s a good chance that you’ve been flagged as high […]
[…]off the balance each month is essential to get the most from a standard credit card. That’s how you’ll avoid interest charges and keep credit use low. Rewards Credit Card You can earn points or miles for every dollar you spend with a rewards credit card. You can redeem these points for merchandise, travel, gift cards, or cash. Many rewards cards offer bonus points in specific spending categories like dining or travel. That makes them perfect for those with high spending in those areas. To maximize your rewards, consider using the card for everyday purchases. And pay off the balance […]
