If there was an award for the most convoluted industry on the planet, payment processing would probably win by a landslide. And if we had to choose the most needlessly complex aspect of our industry, it would have to be how processors choose to charge for their services. Whether they’re using interchange plus pricing, tiered
READ MORE -> from Why Interchange Plus Pricing Is the Best Way to Pay for Payment Processing
As we’ve said countless times before, the payment processing industry suffers from a serious lack of clarity. Business owners don’t understand it, processors aren’t making it any easier to understand, and unfortunately, they’re benefiting from maintaining that status quo. We, on the other hand, have chosen to take a different approach by putting the best
READ MORE -> from Lucid Payments vs. Square: Which One Is Best for Your Business?
Like it or not, if you own a business, you’re going to need some kind of payment processing. But our industry doesn’t do much to clarify things for merchants, and for the most part, it fails to provide easy payment solutions, keeping everything as convoluted as possible. That being said, we understand how difficult it
READ MORE -> from Searching for Easy Payment Solutions? Our Sales Manager, Michael Nelson, Can Help
So, you’ve set up your online store, everything’s ready to go, and you couldn’t be any prouder. Your website’s up and running, your products are all in stock, and you’re just itching to start filling up boxes and shipping out orders. But despite your enthusiasm, you’ve barely made any sales, customers keep abandoning their carts,
READ MORE -> from 16 Ways to Improve Your Online Store and Boost eCommerce Sales
After being in this industry for more than a decade, we’ve heard more than our fair share of myths and misconceptions about payment processing. And if there’s one thing that we’re most sick of hearing about, it’s the mistaken idea that large companies, like the big banks, can provide more secure payment processing. We’re not
READ MORE -> from Can a Bigger Processor Truly Provide More Secure Payment Processing?
Payment processing technology is constantly evolving, and things can change so rapidly that trying to keep up with it all can be incredibly overwhelming. But as a business owner, if you want to give your customers what they want, and be able to compete with others in your industry, you can’t just ignore this stuff.
READ MORE -> from A Look Into the Future: How Payment Processing Technology Will Be Evolving in 2024
With everything going digital, it seems that each year, more of our information ends up floating around on the internet. This data can be very lucrative for the companies collecting it and can also provide a wealth of conveniences for consumers who are willing to give it up. But despite all the advantages of this
READ MORE -> from 15 Things You Can Do to Protect Customer Data
For most of us, the holiday season tends to be a particularly positive time of year. We get to spend time with family and friends, give gifts to our friends and loved ones, and enjoy all the festivities that this time of year has to offer. For business owners, the holidays are also filled with
READ MORE -> from How to Protect Your Business from Payment Fraud During the Holidays
Like it or not, if you want to be able to scale your business, you’re going to need a point-of-sale system. You may not think you need one right now, and depending on the nature of your business, you may be right about that. But at some point, you’re probably going to want to expand
READ MORE -> from What You Need to Know to Pick the Right Point-of-Sale System
As much as we hate to say it, the truth is Canada’s economy is not doing very well. After several years of unprecedented business disruptions, along with soaring inflation and interest rates, Canadians aren’t spending the way they used to, and businesses that have made it through these trying times are feeling the pinch like
READ MORE -> from Bettering Your Bottom Line: How to Save Money on Credit Card Processing Fees
July 22 2024
Why Interchange Plus Pricing Is the Best Way to Pay for Payment Processing
If there was an award for the most convoluted industry on the planet, payment processing would probably win by [...]
June 25 2024
How to Respond to a Bad Review in the Best Way Possible
If you own a business, chances are, it’s taken you years to get it up and running. Not to [...]
May 16 2024
Lucid Payments vs. Square: Which One Is Best for Your Business?
As we’ve said countless times before, the payment processing industry suffers from a serious lack of clarity. Business owners [...]
Lucid Payments
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