“Debit or Credit?”. I cringe every time I hear that question. If your a merchant selling goods or services to customers, you actually should think before asking this question. Let me explain why. [Read more...]
Debit or Credit?
December 15, 2009 By 1 Comment
Understanding Your Electronic Payment Processing Fees
December 13, 2009 By 3 Comments
Whether you are a web-store or a ‘brick and mortar’ merchant, you are going to need to be able to accept electronic payments for your goods and services. Credit card processing fees can be confusing and misleading. The following is a breakdown of payment processing fees associated with merchant accounts. Every electronic payment provider is different and may break out the fees differently on the monthly statement. You may see all or only some of these fees on your statement, but either way, you are paying them. [Read more...]
Providing E-Commerce Solutions not Just a Website
December 11, 2009 By Leave a Comment
So what is a web developer’s responsibility to an E-Commerce client? Do we choose a shopping cart platform, create the CSS, populate the database, and then send them on their way? What about the actual numbers involved with running a business? As with any retail business, choosing an electronic payment provider is important. Unlike a retail business, the e-commerce site can ONLY accept payments for products and services electronically. Ironically, I find e-commerce sites often have put little to no thought into choosing a payment processing provider for their business, when it is the only method excepted online! A website cannot accept cash or check after all. So rather than just providing a quick plug & play solution, I feel it is the web developer’s responsibility to educate their clients about online payment processing before creating a payment module. [Read more...]
