Merchant Tips
A Guide to Integrating Payment Systems with Accounting Software
Manual payment entry wastes time and invites errors. Our quick guide shows you how integrating your payment system with your accounting software can simplify your workflow, improve accuracy, and help your business grow.
The Role of Artificial Intelligence in Payment Fraud Prevention
With digital payments on the rise, so is fraud. Traditional methods can’t keep up—but AI is stepping in to detect and prevent threats in real time.
How to Create Custom Invoices with Branding and Personalization
Customizing the invoices you send to your clients can elevate your professionalism, enhance your brand recognition, and optimize your overall business workflow. Creating custom invoices that align with your brand and include personalized details requires a strategic blend of appropriate tools and thoughtful design elements. Below, we will break down the process of crafting professional […]
Understanding Payment Gateway Integration: How to Choose the Right One for Your Business
Selecting the right payment gateway is essential for running a successful online or eCommerce business. Without a reliable payment solution, transactions can fail, revenue can suffer, and customer trust can be lost.
How to Optimize Your Invoicing Process for Faster Payments
Timely payments are crucial for maintaining healthy cash flow, yet many businesses face delays that impact growth and add financial strain. By optimizing your invoicing process, you can improve payment speed, reduce client late fees, and enhance cash flow management. This article explores effective strategies and how ECS Payments’ solutions can help you get paid faster.
The Impact of Payment Fraud on Small Businesses and How to Protect Yourself
Small businesses face growing risks of payment fraud due to advancing technology and increased online transactions. This threat can cause significant financial and reputational damage, but implementing best practices can help protect against it.
Understanding Pass-Through Fees: What They Are, How They Work, and How to Minimize Them
Many business owners focus on cutting labor or retail costs, but a smarter way to save is by reducing credit card processing fees. Pass-through fees are often overlooked, yet they can quietly eat into profits. Understanding and managing these fees can help businesses keep more of what they earn.
Understanding Temporary Holds on Credit Cards: A Guide for Merchants and Financial Managers
Explore how holds work behind the scenes, how customers perceive them, and strategies to make them more acceptable. While not all businesses use holds, they are particularly relevant for those managing reservations, travel, or shipping transactions.
The Ultimate Guide to Electronic Invoicing: How It Works, Benefits, and Best Practices
The Ultimate Guide to Electronic Invoicing explains how digital transformation in accounts payable enhances efficiency, reduces bad debt risk, and simplifies payment collection for small businesses.
Mastering Business Financial Decisions: Strategies, Tools, and Techniques for Success
Whether it’s choosing between a pricey lunch or a full gas tank or deciding how to invest $5,000 in a business, all financial decisions have consequences. Even small choices can impact overall financial stability. For SMB owners, the challenge is making smart financial decisions that balance short-term desires with long-term success.
Everything You Need to Know About Merchant Accounts for Your Small Business
A merchant account temporarily holds funds from purchases. Once the customer’s bank verifies sufficient funds and the transaction is complete, the funds are transferred to the merchant’s business checking account.
Implementing Dual Pricing to Reduce Credit Card Processing Fees: A Guide for Business Owners and Accountants
Merchant pricing models always involve costs for accepting credit cards. When reducing processing fees isn’t feasible, implementing dual pricing can help. Here’s an overview of dual pricing and its legal considerations.