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No Fee Payment Processing: Everything You Need to Know

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This may be concerning for certain types of businesses as they need to spend more to process credit and debit card payments as compared to cash. Clearly, the monthly fees that businesses typically pay to accept card payments can eat away a significant portion of their revenue and overall profits.

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Know Your Customer (KYC): What It Is and How to Comply

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That’s the amount of non-cash payments made in the U.S. in 2021, according to the Federal Reserve. If you’re starting the underwriting process and have no idea how to make sense of the complex world of KYC and all the terminology involved, you’re in the right place. Request Quote What Exactly is KYC?

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How To Find the Best Credit Card Processor for Small Business in 2024

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Although credit cards have been around since the 1950s, in recent years, they’ve started to dethrone cash from its position as king of payment methods. With a whopping 84% of American adults owning at least one credit card (the average is 3 credit card accounts per person), card payments reached $9.43 trillion in 2021.

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Xero vs QuickBooks Online: Which Accounting Software is Best for Your Business?

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TL;DR Xero and Quickbooks are two of the most popular cloud-based accounting platforms. In reality, neither platform is necessarily better than the other. The stand-out platform will reveal itself only when assessed against your business needs. Integrations Xero can integrate with over 1,000 third-party platforms.