Business Finances

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.

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.

Businesses should accept contactless payments, mobile wallets like Apple Pay and Google Pay, peer-to-peer payments like Venmo and cryptocurrency to meet demand.

Text-to-Pay lets customers pay bills via SMS by clicking secure payment links. Requires PCI-compliant processing, TCPA compliance, and customer opt-in consent.

National Processing offers interchange-plus pricing with locked-in low rates and works with new and high-risk businesses. Free SwipeSimple virtual terminal.

MerchantOne offers custom interchange-plus pricing, 98% approval rate, Clover POS integration, and 175+ shopping cart connections for all business sizes.

PayPal functions as a digital wallet with higher transaction fees than merchant accounts but offers simpler setup with no monthly fees for basic accounts.

You can accept iPhone payments with credit card readers from processing companies like Clover Go, Square Reader, PayPal Zettle, Helcim, Payanywhere, or SumUp.

Secure online payments with 2FA, SSL certificates, PCI DSS compliance, cyber insurance, and secure platforms like BigCommerce, Shopify, and WooCommerce.

Investor presentations require careful planning and organization. Learn what to consider before presenting an idea to investors and signs you're not ready.

Triple bottom line measures success via people, profit, and planet. John Elkington coined the term in the mid-1990s. Examples include Patagonia and DHL.

Payroll processing requires an EIN, pay schedule, gross pay calculation, deduction management, and tax withholding. Follow these steps to run payroll.

Important information is tucked away in the fine print of a loan agreement. Learn what to look for and what you're agreeing to before you sign it.

Looking to increase your small business's cash flow? Follow these tips to make sure you have enough liquid capital to keep growing.