Business to business payments are traditionally collected via check. First, you must send out an invoice, wait for that to come back with a check, and when you have enough checks, or whenever you make a regular check run, you have to make a trip to the bank to deposit the payments. In between these steps you probably generate enough paperwork to bury your secretary. The problem with traditional payment collections is that they take too much time, and if a check bounces then it can further cost you in time and funds. The future of payment processing truly lies…
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According to a few estimates, the number of online shoppers in the United States is expected to swell from 137 million in 2010 to 175 million in 2016. In the world of online credit card processing, there is very little room for error. Small and medium sized businesses that want to be able to accept payments online from across the world should make sure they never have to second guess the payment processing services provider they pair up with. Payment processing services are designed for convenience. Through online payment systems, customers can be billed via email, which can end up…