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How to Accept Credit Card Payments as a Small Business

Hubspot Sales

In 2020, 55% of all payments were made by credit or debit card , according to the Federal Reserve. During that same period, cash payments fell from 26% down to only 19%. Which means if your business isn’t accepting card payments, you’re leaving money on the table. How to Accept Credit Card Payments.

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The Future of Cashless Payments [+ How to Get Ready With Affordable Tools]

Hubspot Sales

But with the rise in popularity of cashless payment methods, a society without cash could soon become a reality. To minimize direct contact, people gravitated towards payment methods that didn't require the use of physical money, like bank cards and payment apps. Cashless Payment Predictions. Image Source.

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How an NFC Payment Works & Why More Businesses Are Accepting Them

Hubspot Sales

Before credit cards were invented in 1958, people paid for goods and services with cash and checks. Due to technological advancements, credit cards became more sophisticated and secure, with the chip replacing the magnetic stripe. In recent years, NFC gained popularity for its use in contactless payments.

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Contactless Payments: What Is It & Is it Safe?

Hubspot Sales

If you have a tap card, that last part is already possible. But in the last few years, more and more people are turning to contactless payments. So, how do they work? And, more importantly, how can you make or accept contactless payments? Examples of Contactless Payment. Imagine it’s the year 3000.

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7 Best Buy Now Pay Later Sites of 2022 Ranked and Reviewed

Hubspot Sales

We’ve gathered together the factors that matter to you– interest rates, late fees, credit checks, and more. Afterward, read on to learn more about how BNPL apps work and how they affect your credit score: What are the best Buy Now Pay Later sites? How do Buy Now Pay Later apps work? Credit Check? No problem.

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ACH vs. Credit Card: Which is Right for Your Business?

Hubspot Sales

All businesses need a way to accept payments — but which method is the best? ACH, or Automated Clearing House network, and credit cards are both methods that enable people to make payments. However, there are a few key distinctions including guarantee of payment, automated clearing house processing times, and fees.

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Everything You Need to Know About Payment Gateways

Hubspot Sales

But, they don’t have any cash and would like to pay with a credit card. To accept the customer’s payment, you’ll need a payment gateway, or point of sale (POS) terminal to obtain payment information by card or mobile device. You’ll also need a payment gateway to accept customers’ payments.

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