Blog, Uncategorized
Here’s an unexpected side effect of the COVID-19 pandemic. Apparently the number of small business startups is growing at a rapid clip. According to business formation statistics from the Census Bureau, more than 5.4 million applications to start new companies...
Blog
Supply chain issues caused by the COVID-19 pandemic are resulting in big headaches for small businesses across the country. The COVID crisis is also at the root of this country’s worsening labor shortages that are forcing businesses to curtail their working...
Blog
Contactless payments are becoming increasingly popular among consumers. Spurred by the COVID-19 crisis, a growing number of consumers are deciding against physically inserting or swiping their credit and debit cards and instead paying via contactless cards and digital...
Blog, Uncategorized
It appears that the COVID-19 pandemic had a significant impact on how people pay for goods and services. According to the Atlanta Fed’s 2020 Diary of Consumer Payment Choice, the use of cash for payments dropped substantially in 2020, offset by a rise in...
Blog
It’s important to be able to accept credit card payments over the phone. The COVID-19 crisis has made it even more essential, as much in-store business is now being conducted online or over the phone. When you’re taking phone orders, you can be more at...
Blog, Uncategorized
There’s a new type of credit card fraud that seems minor on the surface but is growing into a major issue. It’s called card testing fraud and it could affect you – big time. What is Card Testing Fraud? Card testing fraud occurs when someone comes into...
