Every business in Delaware is unique. This is usually true when it comes to accepting the payments. It pays to have a good understanding of your specific needs so you can get the best possible payment technology solution. The best payment technology solution for your business will depend on the technology you are using to run your business.
To get the best Delaware Merchant Services for your business, you should understand the following.
Invoices are usually part of billing for most businesses. A majority of businesses still rely heavily or entirely on very manual processes like Excel templates for creating invoices. Even though it seems like a solution that is cost effective, creating invoices take a lot of time. Besides, there is no connectivity between your data and this can be dangerous.
Mobile Payment Solutions
Mobile Payment Solutions are ideal for the on-the-go business owner. In the world of today, mobile payment technology can literally be a game-changer for a business. While some businesses can easily get by with a simple mobile solution, it is important to note that most businesses use their apps and mobile card snipers for field reps and trade shows to be able to efficiently accept payments on the spot.
Point-of-Sale, or POS solutions are huge for retail and restaurant locations. Point of sale system is a large machine that is integrated with a computer monitor, an online or mobile credit card processing solution, and a cash register. Point of sales come in a wide range of sizes and shapes. So, you should make sure you are doing your research thoroughly and choose one with all the features that are right for your business. There are also very many Online Delaware Merchant Services providers that offer Point-of-Sale solutions. Before choosing one, research thoroughly about them and their terms and fees.
EMV Smart Terminal
Brick-and-Mortar businesses can benefit greatly from physical credit card processing terminals. If your customers are coming to you physically and dripping or swiping their card, then this solutions is best for you. The only thing you should do is ensuring that whatever machine you choose to buy comes with full NFC and EMV technology-enables. That way, you will also be able to accept not only chip cards, but also contactless payments such as Apple Pay.
A payment processing API is perhaps the way to go if you are looking for that specific payment solution for an app or website. Some florida merchant services providers usually offer their API technology to the developers so that they can integrate it into their proprietary applications. This makes a payment processing API the best online credit card processing solution especially for companies that need something more customizable.
Online Shopping Cart
Powered by payment gateways, online shopping carts are unnecessary for any eCommerce business. And even you have a business that operate heavily on a brick-and-mortar location, it is still advisable to have an online store as doing so will help increase your general visibility. Basically, processing payment through the online shopping cart is usually very easy. All you need to do is call your provider so that they can activate the payment gateway.
Security and Compliance
As a business owner, you need to understand that you should be compliant with the regulations that ensure security. Accepting credit cards basically means that you are responsible for proper and safe handling of the sensitive information of your customers. You can make sure you are staying secure and compliant with the industry standards in two ways – PCI and EMV compliance.
PCI simply stands for Payment Card Industry. This is a set of standards that the industry puts in place to ensure protection of the customers’ sensitive information and to ensure that best security measures are taken especially at the establishments which accept credit cards. You only need to complete a very short questionnaire every year.
If you are not compliant with PCI standards, you may be forced to pay a PCI non-compliance fees as a fine from the companies that provide those credit cards.
EMV is the well-known chip card technology which has been rolling out across Delaware, Florida, and USA in general over the past few years. The change is taking place because of the considerable security improvements which the chip technology provides. The technology is great in offering protection of sensitive information of individuals. Magnetic stripes store the information on the card statically. This means that the information stored can be copied easily from the card by a scammed.