Given everything that’s happened over the last few years, more and more people are choosing to shop local. This seems to be the trend in pretty much every industry, with merchants and their supporters encouraging people in their area to shop locally. But for whatever reason, this same sentiment isn’t shared in the payment processing
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Looking for the Cheapest Payment Processing? Now Is a Great Time to Consider Your Options
The month of January is always a great time for reflection, no matter who you are. But if you’re a business owner, now is the perfect time to take stock of everything related to your business. This includes things like looking at your objectives for the coming year, considering whether you reached the goals you
If we were to take inventory of all the things business owners are confused about, payment processing would definitely be high up on that list. Among other uncertainties, many business owners have no idea how to read their monthly statements, why they’re being charged such high fees, what those fees are for, or who’s collecting
READ MORE -> from 3 Things to Watch Out for When Choosing a Payment Processor
Want to Save Money on Payment Processing? Stop Giving Your Business to Banks
For years, the banks held a pseudo-monopoly over the payment processing industry. When it came to payment processing, they were basically the only game in town, and even today, many people still believe banks are the only legitimate providers of this service. But the fact of the matter is, for many years now, there have
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Let’s face it – most business owners don’t know the first thing about payment processing. When they get their statement at the end of the month, many of them have no idea what they’re paying for, but they want to be able to accept payments with credit cards, so they just pay it and
READ MORE -> from Two of the Biggest Myths About Payment Processing
Why It’s Impossible to Calculate the Cost of Payment Processing
Here at Lucid Payments, we get a lot of people who call us demanding to know exactly how much they’re going to pay for their payment processing. One example of this is when our VP of Operations, Steven, had a conversation with a guy who sells furniture, who demanded to know exactly how much his
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Like it or not, if you own a business, and you want to accept payments with credit cards and debit cards, you’re going to have to pay interchange fees. And unfortunately for Canadian business owners, interchange rates in Canada are some of the highest in the world. Throughout the pandemic, this issue was exacerbated, as
READ MORE -> from What You Need to Know About Interchange Rates in Canada
As a business owner, you need to be able to process payments. The world is moving further and further away from cash, and if you don’t have the ability to accept other forms of payment, you’re going to get left in the dust. At the same time, you want to ensure you’re equipped with the
READ MORE -> from How to Find The Best Portable Payment Terminals
When you own a business, you’re forced to make a lot of difficult decisions, and at some point, it’s bound to be overwhelming. You have to consider a seemingly never-ending barrage of concerns, including things like expenses, taxes, regulations, marketing, hiring, training, and retaining a team of employees, and of course, figuring out how you’re
READ MORE -> from How to Choose The Best Payment Processing Provider
March 17 2023
Why You Should Shop Local for Your Payment Processing
Given everything that’s happened over the last few years, more and more people are choosing to shop local. This [...]
February 21 2023
How a Virtual Payment Terminal Can Cut the Cost of Payment Processing
We constantly get calls from business owners complaining about the cost of payment processing. Whether it’s interchange fees, markup, [...]
January 24 2023
Looking for the Cheapest Payment Processing? Now Is a Great Time to Consider Your Options
The month of January is always a great time for reflection, no matter who you are. But if you’re [...]
Lucid Payments
In B.C.: 604.744.8100
Toll-Free: 1.855.775.8243
Unit 705B, 30711 Simpson Rd,
Abbotsford, B.C, V2T 6Y7, Canada
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