Subscription and Free-Trial Chargebacks: How to Stop Friendly Fraud Before It Costs You the Account
If you bill customers on a schedule, you will see more chargebacks than a business that sells one thing at a time, and the reasons are built into the model. Customers forget they signed up, a free trial turns into a paid plan, a renewal charge looks unfamiliar on a...
When Will You Actually Get Paid? How Card and ACH Deposits Work and What Can Hold Up Your Money
After a customer pays you, the money does not land in your bank account that instant. A card payment is approved in seconds, grouped into a daily batch, settled through the processor and then deposited, and each step has its own timing and its own ways of going wrong....
Transparent Merchant Pricing: What It Means and How to Check Whether a Processor Really Offers It
Transparent merchant pricing means you can see what every part of a card payment costs, who gets each part and exactly what the processor keeps for itself. Almost every processor says it is transparent. Very few prove it before you sign. The test is simple: can you...
Why Your Effective Processing Rate Is Higher Than the Rate You Were Quoted, and How to Find the Gap
Your effective rate is your total processing fees divided by your total card sales, and for many businesses it comes out higher than the rate they were quoted when they signed up. The gap is rarely one big surprise. It is usually a handful of smaller things stacked...
What Payment Methods Raise the Most Money at a Fundraising Event?
No single payment method raises the most money at a fundraising event. What raises the most is a setup with no dead ends: every guest can give the moment they decide to, with whatever they have in their hand, in a few seconds, and can keep giving after they go home....
CEO - Nationwide Payment Systems
