Blog Archives

Does your business want to take Apple Pay? Here’s how.

Apple Pay Passbook - Featured Image

If you’ve watched TV recently, chances are you’re aware of Apple’s new venture into the payments landscape. And, you might be wondering not only how Apple Pay works, but also how your business can start accepting Apple Pay payments. How does Apple Pay

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Posted in Business Banking

Cracking the Confusion: How Credit Card Processing Fees are Determined

Confusing Calculation on Blackboard

Perhaps the most confusing part of credit card processing involves the fees paid by the business. If you’ve ever spent any time trying to read a merchant statement, chances are you didn’t experience any particular revelations of clarity. How exactly

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Posted in Business Banking

Before Applying for a Loan, Consider the 5 C’s of Credit

Before applying, consider the 5 C's of Credit

Have you ever applied for a business loan with your bank and walked away wondering what criteria the bank uses to decide whether or not to approve your loan? Every bank is different and there will be differences in loan

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Posted in Business Banking, Personal Finance

How to set up your company to pay employees with direct deposit

Pay To - Fbook

If you’re a business owner or manager looking to pay your employees with direct deposit, figuring out where to start can be a little tricky. For instance, should you start by talking to your bank? Or, maybe your accounting software

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Posted in Business Banking

Why your business might should dump Tiered Rate for Interchange Plus

Dumpsters - Web

There are two prevailing schools of thought when it comes to credit card processing fees. And, chances are that—if your business accepts credit cards—you’re set up under one of these fee structures: Tiered Rate or Interchange Plus. Knowing the difference

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Posted in Business Banking

Don’t like your business name? Change it!

Surfshop

Having second thoughts about the name of your business? I have the solution to your problem. It’s called an Assumed Name or “Doing Business As” Certificate. Most people refer to such a thing simply as a DBA. Help!  I’m a square

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Posted in Banking, Business Banking

“Form”-ing good ACH compliance habits starts with forms

Even though many payments today are made electronically, the initial setup of these transactions usually requires a physical signature on an actual piece of paper. This is especially true for ACH originators, many of whom use ACH transactions to pay their

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Posted in Business Banking