How Businesses Can Adapt With Payments

It's scary out there and yes, businesses have been taking the brunt out of the ECQ measures we are taking. Nothing bad about that but we need to know how we could lessen touching each other and make e-commerce faster and proficient, so why not adapt to mobile payment which makes money transfers, bank transactions easy.

Our friends from PayMaya just launched their new app called PayMaya Negosyo. After registering and a few verification steps, you can immediately accept cashless payments via PayMaya QR. At any point of the day, you can also transfer money to your account and audit would be a cinch. Now you can use the same features as your personal PayMaya account but properly made for your business, no need for mumbo jumbo anymore!

You can download the app via the Google Play Store, just search PayMaya Negosyo and it's there. This is perfect for GCQ conditions, stay safe peeps! 

Credit Card Payments For Businesses

It's the holidays already and we all know how lucrative that is for businesses in the country. Throngs of people line up for huge sales, humongous food bazaars and just about anything to get that product you probably are selling. In this day and age, people won't carry cash that much when shopping. If you're a little late putting up credit card terminals, that would mean a little more than about 40% of your business going down the drain.That won't be a good thing if you're just starting off and you don't have the best credit card swiper yet. Maybe it's time to do so. Although we do all understand the hesitation brought about by rising credit card processing costs. You compute things in your mind because you have to think of the rising production costs and try not to add it to the existing products worth because the last thing you would want to do is have the customer bear it all. How do you keep the costs down though? That is the question.

Looking for low credit card processing charges would mean you would have to go around and ask. It's not enough to just look at what's posted on their website as sometimes there might be some hidden charges they don't want you to know. You have to experience purchasing them, ask other merchants about what they feel would be the apt one for the business they run. Of course, it would also be best to get a wireless credit card reader because it would be convenient without the cables in every transaction. It would be easier for you and the customer.

If you've made up your mind, make sure that your credit card payment processor also has other services in their portfolio. You can't just rely on low rates if their other services don't make it easy for you to do business. It would be better if they provide free merchant accounts which would mean more business for you, for the processors and convenience with the one that should benefit the most, your customers. Much like what Merchant Account Solutions does in a normal day. You should never short change people because they're paying hard earned money just like you do. So choose wisely!