Posted by Sarah Jordan

Despite the doom and gloom in the economy lately, a recent press release from NACHA states that ACH payments actually experienced growth in the 4th quarter, with an amazing 4.5% increase in Q4 2008 over Q4 2007. That means that more than 3.8 billion ACH transactions were processed last quarter. The growth shows that more and more people and businesses are using ACH as a payment method, which is a promising sign that businesses (especially small businesses) are moving toward utilizing new cost-cutting, green technologies.

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Popularity: 83% [?]

Posted by David Sharp

With more and more small businesses obtaining merchant accounts to accept credit cards, it is essential to review some common scenarios that business owners and their consumers may run into. The merchant account agreement contains a complete explanation of key procedures, but here are some highlights.

Within the merchant agreement, there are card acceptance procedures, also known as Operating Rules. Most of these rules are generally set in place to protect all parties in the process and keep commerce flowing. If you are a business owner, at first glance, some of these conditions may not seem advantageous to your business. But it is important to keep in mind that aside from running a business, you are a consumer protected by these rules just the same.

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Popularity: 92% [?]