Years ago Merchants were over the moon about having a free phone attachment that allowed them to take credit card payments. But over time these once loved extras — the dongle attachments, dippers, swipers, dunkers and card readers — have all become a pain for Merchants can even cost a Merchant sales. In a recent survey of on-the-go merchants, Sellers top three complaints included (1) the growing cost of peripherals (2) the poor durability and need for backup peripherals and (3) that they takes up a valuable ports on laptop and mobile devices. It doesn't have to be that way anymore. Payment Foundry offers modern practical solutions that eliminate all the extras and make selling even easier for Merchants. If you have an Android phone, you are free to osell without all the attachments — even if now connectivity environments. Ask us how! We can set up your business in 24 hours or less.
Card-not-present (CNP) transaction occurs when there isn’t enough information to confirm the card AND card holder are present for the sale. Banks have created a separate category of risk and pricing for CNP transactions because the lack of verifying information leaves business and cardholders more exposed to fraud and theft. As markets continue to migrate more towards self-service transactions, these unattended sales are putting businesses and consumers in high exposure, high risk environments.
Solopreneurs are both the founder and sole employee of their company. In North America the number of Solopreneurs is growing so rapidly it's changing how everyone defines the small business segment.
Years ago Merchants were over the moon about having a free phone attachment that allowed them to take credit card payments. But over time these once loved extras — all the dongle attachments, dippers, swipers, dunkers and card readers — have become a pain for Merchants and often cost Merchants the sale.