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February 19, 2019

Accepting Checks Using ACH

One of oldest forms of payments is the paper check. For years merchants have accepted paper-based checks and hand carried them to the bank to deposit into their bank accounts with fingers crossed that the check wouldn’t bounce. The use of Automated Clearing House payments, or ACH for short, has improved cash flow by drastically shortening the time it takes for the money to show up in your bank account. Benefits of Using ACH Using ACH gives an edge of convenience for you and your customers.  Payments are quickly processed without the need for an actual paper check. Merchants receive...Read more


February 19, 2019

Despite Problems, Facebook Is Still King of Social Media

While you may hear people claim to be “done with Facebook,” the numbers don’t lie. Facebook continues to grow and remain the king of social media platforms. Facebook continued to grow in the fourth quarter of 2018 despite predictions that the social media giant would lose its hold on users in the wake of online privacy and security concerns. In January 2018 Facebook released its 4th quarter 2018 and year-end results. The fact is, Facebook’s daily active user base actually increased 9 percent year over year in the fourth quarter of 2018, and the platform reached 1.52 daily users in...Read more


February 19, 2019

Top 5 Mistakes When Choosing a Credit Card Processor

Choosing a credit card processor can be a confusing experience for many business owners. Not knowing what exactly your credit card processor does for you can make it more difficult to make informed decisions. Accepting credit card payments for what you sell is a smart business decision. Working with a credit card processor that has knowledge and understanding of your industry is also a smart business decision. The credit card processor your industry association recommends is a great place to start the vetting process and could help you avoid a few critical mistakes that many small- to medium-size businesses make...Read more


January 23, 2019

Signatures: Do You Need Them Or Not?

Earlier this year the four major credit card brands–Visa, MasterCard, American Express, and Discover–all made announcements that they would no longer require customers to sign for credit card transactions. The dollar amount didn’t matter anymore. You may remember that grocery stores stopped asking you sign for small purchases quite some time ago. But everywhere you use your card, from an airport parking lot to restaurants, you are still asked to sign the credit card slip, and you may wonder why. Here is some information about signatures. #1 – You Don’t Need a Signature The message was poorly delivered to merchants...Read more


January 16, 2019

A Credit Card Processing Glossary

You might hear terms like “issuing banks” or “acquiring banks” or abbreviations like “ISO” that all sound foreign to you. This simple glossary defines the role of each player in a transaction. We will begin by defining your role in the process.  The Merchant The merchant is the business owner or establishment that accepts credit, debit, and prepaid cards. The business owner uses a POS (point-of-sale) system or credit card terminal to accept the form of payment presented by the customer. The merchants independently decide which type of credit cards they will accept and which credit card processor they will...Read more


January 9, 2019

Harnessing Technology for Business

In the past, business orders of all kinds were written down on a piece of paper and that piece of paper became the transaction record. In restaurants, it was typical to add up all the handwritten order totals and match it to the cash collected in the cash register. Today, the technology offered to merchants includes mobile apps and websites for ordering and smart Point-of-Sale systems that manage sales, inventory, scheduling, payroll, and credit card processing. These tools are important considerations for managing your business. A credit card processor like Chosen Payments can help you decide which technology platforms might...Read more


January 2, 2019

Creating the Ultimate eCommerce Experience

An online store or ordering page should create a satisfying experience for both you and your customers. When used correctly, you can obtain and use a wealth of information provided by your online customer. Here are some important considerations for creating and operating an eCommerce site. Your Domain Name You may already have a website and domain, but it may not reflect what you sell online. For instance, if you have a pet care product company called The ABC Company, you might have a website with the domain name “ABCinc.com” or “theabccompany.com.” It doesn’t really let a buyer know that you...Read more


December 26, 2018

So Many Credit Card Terminals – The Right One for My Business

There are so many credit card terminals on the market today that you may wonder which one is the best for your business. Use this guide to learn about brands, features, and compatibility. The Best Terminal for Small Business The best terminal depends on your needs and budget. Most credit card processors have access to all of the popular brands. You can buy, lease, or rent from your processor, or you can buy directly online as long as the terminal is compatible with your processor. Make sure you check the model with your processor BEFORE you buy online. You may...Read more


December 19, 2018

If Marriott Can Have A Data Breach, So Can You

We continue to warn our merchants that data breaches occur every single day. Most are never reported by the media because they happen to small merchants with weak protection, the absence of firewalls, and protocols meant to protect from a breach. Large companies like Marriott Hotels have experienced IT departments with high-level security measures in place. Yet in September 2018 they found they had been hacked. While the specific incident was limited to their Starwood brand of hotels, a subsidiary, it shows that every merchant is vulnerable and susceptible. If a breach occurs, the merchant is responsible for the damage....Read more


December 12, 2018

Accepting Venmo in Your Business

There is no doubt that Venmo has become a popular way of moving money from one bank account to another. It can be particularly handy when one friend pays for something such as concert or movie tickets or a cab ride and you need to pay your share. People who don’t have a credit card but have money in the bank. Venmo is owned by PayPal, although PayPal didn’t launch the app: they acquired it in 2014. Originally Venmo could not be used to pay merchants; it was simply a friend-to-friend app. In 2016 Venmo began working with some merchants,...Read more

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