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9 selected articles
What Are Small Business Credit Card Machines? | Chron.com
Small business credit card machines enable merchants to accept Visa, MasterCard, American Express and Discover cards directly from customers. Upon tendering a transaction, a cashier can enter the amount and type of purchase into a credit card machine for approval. The terminal connects by phone or Internet to a payment processor's server, where funds transfer and fraud detection take place. The...
Procedures for Establishing Credit Cards in a Business ...
The procedures for establishing credit cards in a business name are important for any entrepreneur to understand and follow. You will have to incorporate or form a limited liability corporation (LLC) to successfully implement the steps. Company credit cards can be used to advantage for a business. You can use them as a line of credit, which you can use to purchase inventory and pay for later....
How Can My Small Business Accept Credit Card Payments ...
How Can My Small Business Accept Credit Card Payments?
by Kimberlee Leonard; Updated August 28, 2017
credit card and hand image by Warren Millar from Fotolia.com
4 [Start Accepting Credit Cards] | How Do I Start Accepting Credit Cards for My Business?
With modern technology, any business can accept credit card payments without a lot of hassle, but without hassle doesn't mean...
How to Accept Credit Card Payments Over the Phone
The easier you make it for your customers to pay you, the better it is for your bottom line. If you choose to accept credit card payments over the phone, make sure your employees know the proper procedures to minimize risk. Entering a transaction is a matter of following the instructions specific to the credit card payment processing service you select. Each provider sets up its system a bit...
Is Using a Credit Card on Amazon Safe? | Chron.com
Is Using a Credit Card on Amazon Safe?
by Aaron Charles
Amazon doesn't make business checking accounts a payment option; only personal accounts.
David McNew/Getty Images News/Getty Images
4 [Banks Handle Credit Card Fraud] | How Do Banks Handle Credit Card Fraud?
Amazon handles a truckload of transactions each year. In the company's 2012 fiscal year, for example, the company...
How to Start a Prepaid Credit Card Company | Chron.com
How to Start a Prepaid Credit Card Company
by Patrick Gleeson, Ph. D., Registered Investment Adv; Updated September 08, 2017
4 [Credit Card Broker] | How to Become a Credit Card Broker
Credit cards account for more than a third of all U.S. retail transactions, and prepaid credit cards are the fastest growing segment. This may account for the many online sites...
How Long Should a Business Keep Credit Card Receipts ...
How Long Should a Business Keep Credit Card Receipts?
by Lee Nichols
It is your responsibility to safeguard your customers' data.
Jupiterimages/Polka Dot/Getty Images
4 How Long Should You Keep Business Invoices?
Customers have as long as 18 months to dispute charges on their credit card bill. If you do not keep the credit card receipts from sales transactions, your business could be forced to...
How to Use an EIN Number for Credit Purposes | Chron.com
How to Use an EIN Number for Credit Purposes
by Sophie Johnson; Updated July 24, 2017
4 [Business Credit Report] | How Do I Get my Business Credit Report?
A nine-digit employment identification number is approximately to businesses what a Social Security number is to individuals. To effectively use an EIN for credit, you'll need to separate your business and personal financial...
Risk of Using Debit Cards for a Business | Chron.com
Debit cards are a convenient way for a business to make purchases. However, debit cards carry risks that do not come into play when using credit cards. Protections offered for debit cards are fewer, and fraudulent activity could cost your business more with the use of a debit card. Businesses should carefully consider the disadvantages of debit card use before making purchases with a card tied to...