Merchant Updates Blog

Danielle Lafontaine

Director of Marketing at Singular Payments- lover of simplicity & savings!
Find me on:

Recent Posts

MERCHANTS NEED CHECK-UPS TOO

Posted by Danielle Lafontaine on Jun 6, 2018 10:42:28 AM

As your payment solutions provider, we want to make sure you are up-to-date on all the critical areas we serve you in. Ask yourself the following questions and if the answer is ‘No’ please reach out so we can assist! Reach us at 877-829-2170 or by email at sales_info@singularpayments.com.

Read More

Topics: merchant tips, merchant support, merchant help, payment solutions provider, PCI compliance, accept EMV (chip) cards, emv help, terminal updates, Practice Managment Systems

Find the Right Vendors for Your Small Business

Posted by Danielle Lafontaine on May 23, 2018 9:06:23 AM

Successful small businesses thrive on relationships, but when we think about this truism, the natural impulse is to immediately think of the customer relationship. It’s understandable, of course, as no business — big or small — could ever survive without its customers, but today we’re going to talk about another relationship vital to small businesses, the relationship each business has with its vendors. This relationship is no less important, as the right vendors can help a small business separate itself from the pack and grow and thrive in every relationship going forward.

Read More

Topics: finding the right vendors, custom payments integration, singular payments, payfac in a box

Unique Advantages Small Businesses Can Use to Compete in the Modern Market

Posted by Danielle Lafontaine on May 9, 2018 11:16:43 AM

Quick question: What are the two staples of success in the modern B2C market? Chances are the first words out of your mouth had to do with amazing customer service and lower prices. These were the benchmarks of business for generations, and while customer service is still incredibly important, a lower price is getting nearly impossible to deliver. There’s always someone who can provide the same good for a lower price — and chances are they’re on the internet.

Read More

Topics: small business blog, small business finance, small business payment processing

Q&A with Payfac in a Box’s™ Architect Ben Kauder

Posted by Danielle Lafontaine on Apr 26, 2018 10:19:34 AM

The entire Payfac in a Box™ team has been busy as new software developer partners are coming on board, batch onboarding their book of merchants, and starting to see their residual revenue flow in. But we did catch up with Ben Kauder, the architect of the solution, for a little Q&A session for this week’s blog while he and our Chief Revenue Office, Vaden Landers, are on the road along the West coast. Here’s the recap of what questions ISVs are asking, what they are excited about, and more.

Read More

Topics: payfac integration, payfac automation, payfac in a box, payments software integration, software developer, software solution

We Couldn’t Say It Better Ourselves

Posted by Danielle Lafontaine on Apr 18, 2018 9:00:18 AM

Some days we feel like a broken record around here. We can only say, “We do save you both time and money with an actual flat rate!” so many times. So today we’d like to share a new testimonial from a raving fan who had an all-too-familiar experience. In fact, Nina Pioletti, our Director of Sales, wrote a blog about another similar scam processor not too long ago, but this merchant still fell prey to the same tricks, which unfortunately are all too common in the merchant services world. Our best advice is always to let us review any proposal you receive before you jump ship. We promise, if it’s a better deal we will try to match it, or we will let you go with a friendly wave. We are not in the business of making enemies, but we do take our responsibility seriously to ensure that business owners, like you, are effectively positioned to accept all forms of electronic payments for a fair, flat rate. Please don’t make the same mistake as this customer did and leave for a ‘great sounding deal’! All too often, merchants come back to us with scary, expensive stories like this one.

Read More

Topics: flat rate, custom flat rate, small business blog, bad credit card fees, hidden credit card processing fees, merchant tips, flat rate payment processing

3 Solutions for Solving Merchant Pain Points

Posted by Danielle Lafontaine on Apr 4, 2018 8:20:20 AM

In previous blogs, we've discussed the various pain points that merchants suffer in today’s business market. Today we are focusing on how the success of merchants depends on profitable customer interactions and how these interactions also possess the potential for added risk and financial loss if not executed correctly.

Read More

Topics: merchant tips, merchant news, custom flat rate, flat rate payment processing, flat fee credit card processing

Speed Up Chargeback Disputes with These Tips

Posted by Danielle Lafontaine on Mar 7, 2018 7:47:10 AM

Accepting credit cards means every merchant, everywhere will have to deal with and dispute chargebacks at some point. This can be a costly and time-consuming process if you don’t know how to navigate these waters. Here at Singular Payments, we try to give you tools to make dealing with chargebacks as simple as possible. Recently, Visa made changes to their dispute resolution process. Effective April 15, 2018, your deadline to respond to a dispute notification will be reduced from 45 days to 30 days. So, the tips we are about to share are even more important!

Read More

Topics: avoid chargebacks, dispute chargeback, chargeback resolution

Spring Bankcard Association Meeting is Upon Us

Posted by Danielle Lafontaine on Feb 21, 2018 9:21:02 AM

Twice a year the Interchange Association (commonly referred to as Bankcard Association) gathers top leadership to review interchange rates and card processing fees to assess any needs to modify pricing structures. Mastercard and Visa make up the existing bankcard associations. Their purpose is to establish and administer the rules and regulations governing the credit card business. Discover and American Express are similar but not technically associations since they are single companies. It’s at these biannual meetings that interchange rates for all card types from the major card brands, Visa and Mastercard, determine the dominate interchange rates by which all credit card processors must pay. There are hundreds of card types and therefore hundreds of corresponding interchange rates so what these meetings do is assess if the interchange pricing attached to each are effectively covering costs as infrastructure, security, and other variables change.

Read More

Topics: interchange association, bankcard association

Payments Projects for the New Year

Posted by Danielle Lafontaine on Jan 3, 2018 10:33:17 AM

Now that the holiday rush is over and you’re back at work focused on improving your business and operations we have some ideas to help you save time, money and improve customer retention by upgrading how your customers pay. Giving your payments infrastructure a tune-up is a surefire way to spark a productive and profitable new year.

Read More

Topics: ACH, hosted payment page, akimbo card, payments software integration, ebpp, new terminal, singular payments

2018 Payments Predictions & Trends

Posted by Danielle Lafontaine on Dec 27, 2017 8:28:58 AM

Closing out 2017 and looking forward to a bustling 2018 in the payments and payment facilitator space we’ve seen a lot of movement regarding platform rationalization due to technology consolidation. Every major player is buying pieces of the puzzle to become the complete end-to-end solution. For example, the following major mergers and acquisitions took place recently. In April of 2014, to kick off the M/A frenzy in payments, Vantiv bought Mercury.

 

Read More

Topics: payments predictions, payments acquisitions, stripe, like stripe, payment data systems, singular payments, custom payments integration

Knowledge is Power! 

Get the latest news, tips and payment processing industry intel right here. 

We hope you enjoy the variety and depth of the content we provide. Access even more great content in our Merchant Education portal where you'll find eNewsletters, webinars, videos, whitepapers, scam alerts and more! 

Blog Sign Up

Recent Posts