Business Finances

Your SBSS score matters when you're applying for a small business loan. Here's what you need to know.

Accounts payable is money your business owes, and accounts receivable is money owed to you. Learn how accounts payable and accounts receivable differ.

Accepting only credit cards can boost restaurant efficiency, reduce theft and speed up service — but it may alienate cash-preferring customers.

Reduce chargebacks through clear return policies, detailed receipts, prompt customer service and thorough documentation for all transactions.

Stax and Square give merchants an easy and convenient way to accept credit cards. Learn how their features, plans, pricing and integrations compare.

Restaurants benefit from using payment processors that offer POS integration, fraud protection, flexible terms and support for mobile and online payments.

Stripe is ideal for online businesses needing customization, while Square suits in-person sellers with free POS tools, transparent pricing and fast setup.

High-risk merchant accounts face higher fees, rolling reserves, and stricter terms but can access international markets and find processors like PayKings.

A payment gateway encrypts and transmits customer data; a processor moves funds between accounts. Both are essential for online credit card transactions.

Top PayPal alternatives include Stripe for e-commerce, Square for POS, Authorize.Net for multi-channel payments, Shopify Payments, and Braintree by PayPal.

Stripe charges 2.9% plus 30¢ for online payments and 2.7% plus 5¢ in-person, with no monthly fees or contracts. Supports 135+ currencies and extensive APIs.

Accepting credit cards helps construction firms boost cash flow, reduce bounced checks and offer clients flexible, secure payment options.

Payment Depot offers low, membership-based pricing with no markup and is ideal for high-volume businesses using Clover terminals or existing equipment.

Venmo for Business lets small businesses accept payments easily with low fees, quick setup, no approval needed and access to a large, young customer base.

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.

You can accept credit card payments over the phone by securely keying the customer's card details into your POS terminal, mobile app or virtual terminal.

To accept credit cards with PayPal, set up a business account, connect to PayPal’s payment gateway, and use PayPal Zettle for in-person or online payments.

Credit card surcharging shifts processing costs to customers but can cause legal issues, competitive disadvantages and customer dissatisfaction.

Business credit cards help manage cash flow, build credit and offer rewards. Use them wisely by paying balances in full and monitoring employee spending.

Mobile credit card payment processing apps for Android include PayPal, Square, SumUp, QuickBooks and Shopify, offering varied fees, hardware and features.

Accepting online payment apps like Apple Pay and Google Pay can boost sales and offer convenience, though they have higher fees and security risks.

Construction firms should choose ISO/MSP processors for large, varied payments and mobile POS systems to accept credit cards in the field and online.

Credit card processing fees range 1.7-2.05% in-person and 2.25-3.25% online. PCI non-compliance costs $10-100/month; security breach audits average $36,000.

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.

PayPal charges 2.89% + $0.29 per online transaction and 2.29% + $0.09 for POS payments. No monthly fees make it affordable for startups and small businesses.

Accept credit cards on your phone using mobile readers and apps from Square, PayPal, or Chase. Download the app, connect a reader and start processing payments.

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.

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.

Stax charges flat subscriptions ($99-$199 monthly plus 8-15¢ per transaction) for high-volume businesses. Stripe charges 2.9% + 30¢, better for e-commerce.

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.