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 […]
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 […]
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. Clearly Payments has a partner platform for businesses to capitalize on payment processing. The […]
Small businesses make up 85% of all businesses in Canada. They are the foundation of our economy. It’s so important that small businesses get reliable facts for payment processing so they can focus on their customers. This is a guide to give some quick tips for small business payment processing. What is a small business […]
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 […]
Clearly Payments, a Canadian payment processor that was built from the ground up to have the lowest payment processing fees, has launched an Ambassador Program. People in the community can take part in a program that builds passive income at the same time as helping local businesses reduce their payment processing fees. A true win-win. The […]
Patients prefer convenience, speed, and minimal contact when they pay after their dental visit. This trend, particularly minimal contact, has been slowly gaining traction for years, however, COVID 19 has accelerated this movement dramatically. Contactless payments minimizes the risk of contracting COVID 19 during the payment process for both patients and healthcare workers. Dentists are […]
RMTs (Registered Massage Therapists) and general massage therapists are in a competitive business. The core of a successful RMT is repeat business. When you have a repeat client, the CLTV (customer lifetime value) of a customer drastically increases. This means higher growth and higher profitability. One of the ways massage therapists have grown is with […]
Accepting credit cards cost money for a business. That is likely the main reason a business might not want to accept credit cards. It costs somewhere between 2% and 5% and there are many reasons for the wide range of cost. If you work with a good payment processor, you’ll be able to keep the […]
A return policy is a must. Whether you allow returns or you don’t, a policy should be clear. There are statistics out there that around 10% of items purchased are returned and the number is even higher for online purchases, sometimes in the range of 25%. Having a clear policy sets expectations with your customers. […]
