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11 Most Recent Articles
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Comparing Business Cash Advance Loans: 5 Helpful Tips to Look For and Avoid Written by: Scott Burke | Distributed: 2008-03-06 | - Word Count: 615 | Viewed: 427 | Votes: 2 | Rating: 2.00 Merchant cash advances, also referred to as 'business cash advances' are a resourceful, excellent alternative to conventional small business loans - without the hassle. And because of the power of the Internet, merchant business cash advances are quite easy and convenient. |
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Have You Been Told Your Business Is High Risk? Written by: Scott Burke | Distributed: 2008-02-05 | - Word Count: 584 | Viewed: 418 | Votes: 4 | Rating: 2.50 As a business owner you may have already been told that your business is high risk or worse yet you may have had your merchant account shut down or cancelled. It's common practice for banks and credit card processors to close accounts that are deemed "high risk". |
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Accepting Credit Cards - Positives vs. Negatives Written by: Scott Burke | Distributed: 2008-01-29 | - Word Count: 1665 | Viewed: 527 | Votes: 7 | Rating: 3.29 Today there are hundreds of thousands of small and medium size businesses in this country that take orders via credit cards. In addition, every day in this country, there are hundreds of companies entering the world of e-commerce. They come from many industries including retail, internet, mail order, home based businesses, B2B, professional services, wholesale and mobile businesses. In many cases they are "taking the plunge" to accept credit and debit cards for the first time. Some are successful and some are not. As with any other business venture, the companies that do their homework typically have a better chance at being successful. |
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Avoiding Merchant Account Chargebacks Written by: Scott Burke | Distributed: 2008-01-22 | - Word Count: 1987 | Viewed: 538 | Votes: 4 | Rating: 2.75 A chargeback is a transaction that an Issuer returns to a merchant bank and most often, to the merchant - as a financial liability. In essence, it reverses a sales transaction, as follows: |
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Internet Fraud Written by: Scott Burke | Distributed: 2008-01-15 | - Word Count: 500 | Viewed: 553 | Votes: 13 | Rating: 3.00 Taking transactions over the Internet can be profitable but it can also bankrupt a small business. Accepting online transactions means accepting additional responsibilities as a merchant. These responsibilities include knowing and understanding your risk exposure and your liabilities. |
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Paypal vs. Merchant Account Written by: Scott Burke | Distributed: 2008-01-08 | - Word Count: 697 | Viewed: 661 | Votes: 12 | Rating: 3.00 ALBANY, New York (AP) -- The nation's largest online payment service, PayPal, is paying New York $150,000 in penalties after misrepresenting to consumers its policy on repayment when merchandise doesn't arrive, the state attorney general said Monday. |
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How Accepting Credit Cards Can Increase Sales And Revenue Written by: Scott Burke | Distributed: 2008-01-01 | - Word Count: 486 | Viewed: 458 | Votes: 7 | Rating: 1.14 Accepting credit cards is becoming a must for entrepreneurs and small businesses in today's business environment. There are numerous social, demographic and technological factors combining to make plastic the payment form of choice for increasing numbers of people. |
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Curious Employee Foils Corporate Credit Card Fraud Scam Written by: Scott Burke | Distributed: 2007-12-25 | - Word Count: 1411 | Viewed: 642 | Votes: 11 | Rating: 2.45 MOLLY, THE ASSISTANT, Molly treasurer at XYZ Corp. in Miami, opened an e-mail from a former colleague who no longer worked for the organization. The e-mail read: "Hi Molly, there should be a refund of $716 on my old corporate Visa card from the IP Conference. I paid for, but did not attend, the conference and did not turn in the charge to XYZ for reimbursement. Can you have Visa issue a refund check to me? Thanks very much for your help." |
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Understanding Credit Card Transaction Fees Written by: Scott Burke | Distributed: 2007-12-18 | - Word Count: 813 | Viewed: 530 | Votes: 5 | Rating: 1.40 Q: I'm starting a new business and want to accept credit cards. It seems that all the credit card processors charge a lot of fees for each transaction. What are these fees? |
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9 Ways to Reduce Chargebacks and Fraud Written by: Scott Burke | Distributed: 2007-12-11 | - Word Count: 1029 | Viewed: 573 | Votes: 10 | Rating: 3.50 Merchant concern about online credit card fraud and chargebacks is rising at a significant rate. According to the 2001 Online Fraud Report, conducted by Mindwave Research, it revealed that, "41% of merchants say the issue of online credit card fraud is 'very serious' to their business." As e-commerce continues to flourish the number of instances of credit card fraud and chargebacks will continue to mount higher. |
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Credit Card Growth Written by: Scott Burke | Distributed: 2006-07-05 | - Word Count: 384 | Viewed: 3051 | Votes: 9 | Rating: 2.44 Industries that expand at such a rapid rate often are vulnerable to fraud schemes devised by those seeking to capitalize on newfound criminal opportunities, dated security measures, and outdated laws. The credit card sector is no exception. |
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