B2B Payment Processing
The B2B (business to business) payments market globally was valued at over $900 Billion in 2022 and is growing at over 10% per year. It’s a big business. This article covers the definition of B2B payment processing, the difference between B2B payments and consumer payments, and the types of payments in B2B payments. What is […]
The Impact of Inflation on Merchants and Payment Processing
Inflation is a reality. If you’re finding it harder in 2022 to afford any of your business expenses, you’re in the same boat as many other businesses. Talking to small businesses, 92% of small-business owners have reported that their cost to run their business has increased in the past couple years. There is a general increase […]
Accept Credit Cards From Anywhere In The World
Credit cards have become the defacto method for people to pay, especially since 2020. Online shopping, curbside pickup, home delivery, remote payments, and self-serve checkout/payments have all drastically increased in popularity. Each of these payment types are best suited for credit cards. When you accept credit cards as a business, you want to make sure […]
Point of Sale Matters for Customer Experience
Global ecommerce is booming. People are completely comfortable making purchases on their computers or mobile phones. Some would think the aging population stays away from online shopping, but that is not further from the truth. They are some of the highest growth adopters of online shopping. It’s not only the large chains that are embracing […]
Why Credit Cards Get Declined
It can be awkward when you’ve sold items and your customer’s credit card gets declined. The best way to deal with that situation is to have the power of knowledge. This is to provide you all the basic information you need on why credit cards get declined. Who declines a credit card First, let’s assume […]
Comparing pricing for merchant accounts vs aggregators
There is a cost for merchants to accept credit cards. You most likely already know this. Payment processors provide the software and hardware, services around fund transfers, and customer support. In addition, payment processors take risk for giving credit to merchants during the process of accepting credit cards. One example scenario of the type of […]
Payment Processing for Accountants and Accounting Firms
Accountants generally have a few top priorities when looking for a payment processor. This includes 1) the ability to let clients accept credit cards online, 2) the ability to send and track invoices easily, and 3) really low credit card processing rates. Let Clients Accept Credit Cards Online The most convenient way for clients to […]
The Simplest Way to Add eCommerce to your Website
Online shopping and eCommerce is quickly becoming the new normal. Consumers have started to comfortably make purchases online from their computers or mobile devices. All the large retailers have deployed online shopping. It’s imperative that the medium and smaller businesses maximize their online exposure to compete. Thankfully, adding eCommerce to your website is simple and […]
Generate revenue from payment processing
Payments is an industry that is evolving quickly. The rise of online and mobile shopping is one of the reasons for this rapid transformation. With this change, comes opportunity to generate revenue and create new forms of value for your customers. TRC-Parus has a partner platform for businesses to capitalize on payment processing. The […]
Flexible and low cost online payments in Canada
Online shopping and eCommerce is growing extremely fast in Canada. It has been growing around 20% per year and 2020 has seen an explosion of growth due to COVID. Online shopping grew more than 30% in 2020. Consumers are now quite comfortable with online shopping, even to the point where people buy groceries and cars […]