Everyone pays using credit cards, even other businesses.

So are you set up to receive credit card payments? If you are, are you being billed properly, or are you overpaying?

There’s a lot of questions to ask before you enter into a merchant account agreement.

  • How risky is your product?
  • How many transactions will you be processing?
  • What sort of reporting do you need?
  • Are you willing to sign personal guarantees?
  • Do you have a programming team able to set up the account?

What about chargebacks and returns? Did you know that merchant processors watch these separately and if the levels get too high they can keep some, or even ALL, of the money in your checking account?

BeBizzy has years of experience and dozens of contacts in the industry to make sure you have the best merchant account scenario for your business. Call us today.

PCI-DSS Compliance

PCI-DSSNot all merchants are aware of PCI-DSS (Payment Card Industry Data Security Standards). But not being compliant puts your customer’s data, your network, and your business at risk.

Whether it’s BeBizzy Consulting, yourself, or another agency, get your network certified as soon as possible.

Please take a moment to watch this YouTube video that will explain just what PCI is and what it can cost you.

What happens if your business isn’t PCI compiant and has a data breach?

  • Visa may charge your business up to $500,000 per incident if your network and the information of consumers is compromised.
  • You may be banned from allowing your customers to use credit cards issued by the company that finds your business non-compliant, meaning if VISA finds you non-compliant, you may NOT be able to process VISA credit cards… can you afford that?
  • If you do not notify the companies of probable or actual violations or thefts of your customers’ information, you will also be fined. Again, Visa can charge you as much as $100,000 per incident.
  • Other fines may be charged if the credit card company feels that the your company’s violations pose a risk to the credit card company and/or its members.

Below are some recent posts regarding Merchant Accounts and online payment processing.