Posts

Showing posts from October, 2020

Merchant processing services

Image
Eastpayments.com is your single source provider for complete merchant processing services and payment services for your online business to succeed. Give your high risk business the stability it needs, book for our high-end global payment solutions.

How do merchant payment solutions work?

Image
  Every business has different needs. Therefore, making the correct payment processing choice for your business will not only help you with cost-cutting but also enhance user experience. Below are listed 10 tips to choose the best one among the merchant payment processing companies available in the market? 1.        Select the correct payment flow 2.        Choose the correct product company 3.        Safety and security of your customers should be a priority 4.        Study fees and service agreement thoroughly 5.        Payment processor should have easy check-out feature from all devices 6.        Choose one with multiple useful features 7.        Selected one which can be easily integrated 8.        Payment processor should allow in-store, online and mobile payments 9.        Choose one with recurring billing structure 10.     Should have an efficient 24*7 customer support                                                                        Merchant Payment

Why do certain banks not provide merchant services credit card processing?

Image
Cash discounts are an efficient way to reduce merchant credit card processing charges by offering additional discounts to encourage cash payments for any purchases by the customer. These discounts are flexible and versatile which may be incorporated in many types of businesses, although some business may be more suitable than others. To put it simply, cash discounts simply leverages the credit card processing fee to the customer as a result of which they may be discouraged for card transactions.                                        Merchant Services Credit Card Processing However, there are 3 factors to consider before opting for Cash Discount Program for any business: 1.         Average sale value: If your business generates lower ticket value customers are more likely to pay in cash. In that case, a 4% surcharge amount would be very less, so the customers would not mind. But higher ticket sales, would usually encourage customers to use credit and in that case the service charge ma

Clover pos system- definition and pros & cons

Image
  Merchant payment processors accept a wide range of credit and debit cards both online and in person. These credit card readers have an EMV chip or a swipe option and are connected to wi-fi or Ethernet. These use pos (point of sale) in person or a payment gateway for online transactions. Depending on your business needs you should select credit card merchant service providers to facilitate smooth payments.                                                                           clover pos system 5 best merchant services for small businesses are listed below: 1.     Square : It is the most popular one in the market owning to its transparent fees structure and user-friendliness. However, it is only suitable for small business and is absolutely unsuitable for high-risk businesses owing to its stability issues. 2.         Payment Depot : It is usable at minimal application fees with no contract and zero money deduction on cancellation. It also has a fully operational 24*7 efficien

Merchant credit card system- how it works?

Image
  The term merchant processing involves collecting information on the transaction from the merchant, authorizing the sale, obtaining money from the bank issued using the credit card, and sending the payment across to the merchant. There are many merchant processing services in the market. However, choosing the right one according to your business needs is important. At East Payments Solution, we provide 24*7 merchant processing services at the most competitive rates. Our service is tailor-made and best suited for small businesses. Our modern payment processors equipped with the latest technologies enhance overall customer experience, revolutionizing the payment processing industry.    Merchant credit card system Merchant credit card system - how it works? Let’s look into the steps of merchant credit card processing system: 1.        Authorization: ·          On purchase of a good or service, the customer provides his credit card. The payment request can be placed through pos,

Credit Card Machine Providers

Image
  Find the most fastest, reliable and integrated payment processing solutions at Eastpayments.com, your top credit cards machine providers . We offer all types of payment solutions for online businesses and their customers around the world. Secured electronic payments guaranteed here!

Verifonepos- The new age integrated pos

Image
  There are various credit card machine providers in the US market. However, choosing the right one according to your business needs is important.                                                                       V erifonepos There are few key features which need to be kept in mind before opting for a credit card machine: 1.        User-friendly - The procedure to operate a machine should be simple and easy so that you do make your customers wait in the queue for a long time. 2.        There should be no contracts or hidden fees: Merchant account agreement and contract signing for applications, hardware leasing and compliance should not be compulsory. 3.        Connects to all POS: The credit card machine should operate smoothly irrespective of any point of sale or pos, making quick and hassle-free business transactions. 4.        EMV and NFC friendly : Opt for a credit card machine which has all three modes of payment: Dip NFC or touch with EMV chip or simply swipe; su