Credit Card Advice
by Nick C
It's good practice to shop around when looking for a credit card. Going for the first one that comes your way just because you recognise the name can be a costly mistake. There are also plenty of facilities available online that offer a comparison of all the cards currently available. With such a vast amount of financial information available freely on the internet, there's really no excuse for being ill informed when it comes to your finances.
If you're a new owner of a credit card then here are a few things that are worth remembering:
Avoid using credit cards at ATM machines unless you really have no other choice. Each time you use your card you will be charged a percentage of the cash that you withdraw. Overtime this can prove to be very expensive.
Be organised with your finances and make sure that you pay at least the minimum payment each month and on time. You may incur a late charge if you miss the pay by date, which can be as much as £30. This practice is now considered illegal and it's possible to reclaim these fees from your bank or credit card company.
Take care of your credit cards when in restaurants or other places where your card is taken away to be processed. There have numerous reports of unscrupulous workers swiping the details from credit cards when they are out of sight of the card holders.
Carefully check your monthly incoming and outgoings of your account against what your minimum card re-payments will be. Avoid financial difficulties by avoiding taking on more than you can afford.
If you do find yourself getting into debt, then try to transfer your current balance to another credit card that has 0% balance transfer. This will help save you money and hopefully reduce some of your financial stress. Avoid temptation by destroying your card once the debt has been transferred to the 0% credit card.
แสดงบทความที่มีป้ายกำกับ Process Credit Cards แสดงบทความทั้งหมด
แสดงบทความที่มีป้ายกำกับ Process Credit Cards แสดงบทความทั้งหมด
วันพฤหัสบดีที่ 10 มกราคม พ.ศ. 2551
วันอาทิตย์ที่ 9 ธันวาคม พ.ศ. 2550
How To Process Credit Cards At A Flea Market
How To Process Credit Cards At A Flea Market
by Debbie Dragon
If your business operates at flea markets, you may not realize that you still have the ability to accept credit cards from your customers. It's no secret that shoppers spend more money when they use their credit card, so you definitely want to offer your flea market customers a way to swipe those cards to increase your sales volume.
If you're just starting out, or are a small-time business that occasionally rents booths at flea markets, it may not be in your best interest to sign up for a merchant account with a bank and then purchase the somewhat expensive equipment that would let you physically swipe a card at your flea market booth. On the other hand, if you are a thriving flea market business, you may be able to do just that- and use a satellite internet connection to send the credit card details to the processor.
Using A Telephone to Process Credit Card Payments From Customers
Most of the small and medium sized businesses with flea market or vendor fair booths can't justify the expense of the merchant account equipment. Fortunately, that doesn't mean there is no way to accept credit cards on-site! One of the easiest methods of accepting credit cards from customers in a flea market situation is to use a phone-in method.
Some merchant accounts actually let you call a toll free number, enter in your personal account number to verify your business, and then using your cell phone's keypad, you would enter in the credit card details. The automated system can tell you whether or not the credit card has funds available for their purchase and you can proceed with the sale. This is a superior method to simply writing down the customers card details on an order form, because you never know if the credit card will go through until you've returned home or to the office and entered the details- long after the customer has already received his or her merchandise from your flea market booth!
The fees for an accept-by-telephone credit card processing method are often much less than a traditional merchant account as well. Not only do you not have to purchase the equipment to process the card, but your monthly fees are usually lower. You can expect to pay a one-time fee to join the program, around $100 or so; and then an affordable monthly fee around $5. When you process credit cards by phone, each transaction will be discounted by the discount rate (typically around 3-4% of the transaction price).
Using Your Laptop and Internet Connection to Process Credit Card Payments
If you have a laptop with a wireless connection that works pretty much everywhere you go for flea markets or vendor fairs, your other option is to use a credit card processing system that allows you to accept credit cards via a web form.
For each customer, you would type in their payment details including their name, address, card type and number, expiration date, and even the three or four digit security code found on the back of the card. The web form would send the information through a secure server and return a response to let you know whether or not the card is valid- at which time you can continue processing the sale for the customer or tell them the card was declined.
Using these alternative methods of credit card processing makes it possible for small and medium sized businesses operating booths at vendor fairs and flea markets to increase their sales volume by accepting credit cards as payment.
by Debbie Dragon
If your business operates at flea markets, you may not realize that you still have the ability to accept credit cards from your customers. It's no secret that shoppers spend more money when they use their credit card, so you definitely want to offer your flea market customers a way to swipe those cards to increase your sales volume.
If you're just starting out, or are a small-time business that occasionally rents booths at flea markets, it may not be in your best interest to sign up for a merchant account with a bank and then purchase the somewhat expensive equipment that would let you physically swipe a card at your flea market booth. On the other hand, if you are a thriving flea market business, you may be able to do just that- and use a satellite internet connection to send the credit card details to the processor.
Using A Telephone to Process Credit Card Payments From Customers
Most of the small and medium sized businesses with flea market or vendor fair booths can't justify the expense of the merchant account equipment. Fortunately, that doesn't mean there is no way to accept credit cards on-site! One of the easiest methods of accepting credit cards from customers in a flea market situation is to use a phone-in method.
Some merchant accounts actually let you call a toll free number, enter in your personal account number to verify your business, and then using your cell phone's keypad, you would enter in the credit card details. The automated system can tell you whether or not the credit card has funds available for their purchase and you can proceed with the sale. This is a superior method to simply writing down the customers card details on an order form, because you never know if the credit card will go through until you've returned home or to the office and entered the details- long after the customer has already received his or her merchandise from your flea market booth!
The fees for an accept-by-telephone credit card processing method are often much less than a traditional merchant account as well. Not only do you not have to purchase the equipment to process the card, but your monthly fees are usually lower. You can expect to pay a one-time fee to join the program, around $100 or so; and then an affordable monthly fee around $5. When you process credit cards by phone, each transaction will be discounted by the discount rate (typically around 3-4% of the transaction price).
Using Your Laptop and Internet Connection to Process Credit Card Payments
If you have a laptop with a wireless connection that works pretty much everywhere you go for flea markets or vendor fairs, your other option is to use a credit card processing system that allows you to accept credit cards via a web form.
For each customer, you would type in their payment details including their name, address, card type and number, expiration date, and even the three or four digit security code found on the back of the card. The web form would send the information through a secure server and return a response to let you know whether or not the card is valid- at which time you can continue processing the sale for the customer or tell them the card was declined.
Using these alternative methods of credit card processing makes it possible for small and medium sized businesses operating booths at vendor fairs and flea markets to increase their sales volume by accepting credit cards as payment.
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