Whether you’re paying suppliers or processing customer transactions, payments are a necessary part of keeping your business running. Business payments require the right technology and agreements to keep your business profitable, while the best tools generate vital payments data that impacts your bottom line. Manage accounts payable and receivable with these resources.
If you plan to outsource payroll, CPAs and payroll services are good options. Here's a look at what CPAs and payroll services offer and how much they cost.
Credit card receivables financing advances funding based on future sales with high approval rates. Factor rates tend to be 1.1-1.5 with 10-20% holdback rates.
To accept Apple Pay, ensure your credit card processor supports it, use an NFC-enabled card reader, enable Apple Pay on your account and train your staff.
High-risk merchant accounts face higher fees, rolling reserves, and stricter terms but can access international markets and find processors like PayKings.
NFC mobile payments use Apple Pay and Google Pay through contactless card readers. By 2026, 60% of people globally will use digital wallets for purchases.
Direct deposit can benefit small businesses when set up correctly. Learn all about direct deposit, including the pros, cons, tax laws and implementation.
Learn about late payment charges, late charge fee policies and maximum allowable invoice late fees by state, including legal limits and best practices.
Cash flow is critical for construction contractors. Learn best practices for ensuring your clients pay you and tips for dealing with nonpaying customers.
Meta Pay lets businesses accept secure, fee-free payments across Meta’s platforms, making social selling easier with simple setup and purchase protection.
Mobile payments provide a fast and easy way for restaurants to receive payments, but there are pros and cons to this method. Here is what you need to know.
Stripe is ideal for online businesses needing customization, while Square suits in-person sellers with free POS tools, transparent pricing and fast setup.
Square suits high-volume businesses with lower online fees and robust POS tools at 2.6% + $0.10. PayPal works for low-volume merchants needing flexibility.
Merchant One charges interchange-plus pricing with $13.95 monthly fees and 24/7 support. Square offers flat 2.6% + 10¢ rates with no monthly fee on basic plans.
Secure online payments with 2FA, SSL certificates, PCI DSS compliance, cyber insurance, and secure platforms like BigCommerce, Shopify, and WooCommerce.
Shopify Payments charges 2.25% to 2.9% plus 30 cents per transaction. The platform integrates directly with Shopify stores and includes fraud analysis.