It's March, and that means tax season. If you have a merchant account so your business can accept credit and debit card payments, you should have received a 1099-K form from your payment processor by the end of February. What do you do with this form and what are your tax obligations for money you receive from the processor? Here’s a quick rundown.
Nearly every type of business – from big box retailers to Etsy sellers, and from trade show vendors to antique dealers – needs to accept credit card payments to survive. And more and more of those businesses are accepting payment online.
If your business already accepts credit cards, you’re likely familiar with merchant accounts. But if you’re new to e-commerce, you’re probably learning about payment gateways. What’s the difference between the two? And what are the advantages and disadvantages of merchant accounts versus payment gateways?
When you partner with BluePay, you can customize a credit card processing plan that best fits your business’ and your customers’ needs. We have a wide range of merchant services from which to choose. So how do you know which ones will work for you? Below, we’ve matched up several solutions with merchant types to give you a better idea of how every merchant can benefit with BluePay.
With BluePay’s free merchant account terminal program, we make it even easier for merchants to start accepting multiple types of payment for reduced costs and increased profits. Merchants who are either new to accepting credit cards or who are switching credit card processors and need new equipment can receive a free credit card terminal when they start a merchant account with BluePay.
Did you know that merchants can increase customer confidence by displaying the trusted BluePay Merchant™ seal on their website?
Today’s consumers understand the risks of making online credit card payments, and security is a top concern when choosing an e-commerce store or online business. By aligning your company with an industry leader with first-class experience, expertise and authority in secure credit card processing, you can let your customers know their data is safe and boost your transactional trust.
At BluePay, we make it our business to help improve your business. That means providing solutions that increase profits, keep your customers happy and protect your data, all at low merchant account rates that significantly cut business costs.
Our team’s extensive industry experience allows us to get the best rates for our customers so accepting credit cards for business is easy and affordable all the time.
In addition to low merchant account rates, you can enjoy:
Pay at the pump processing is a convenience that most drivers have come to expect when stopping at the gas station to fill up their tank. The processing equipment at the gas pump is familiar and easy to use, similar to most in-store credit card machines. Customers can swipe their credit cards, debit cards or fleet cards securely, print out a receipt and even purchase a car wash from the pump’s processing terminal.
Merchant services from BluePay come in all shapes and sizes … because they have to! Large or small, today’s merchant faces a wide range of challenges when it comes to handling credit card, debit card and other forms of sales transactions. Merchant credit card processing is no longer a task that can be managed easily or with out of date processes and hardware.
When you sign up for merchant account services, you can expand your business by accepting multiple forms of payment, streamline the payment process, and increase cash flow. Consumers enjoy many options and flexibility when it comes to making payments, giving them the control over how they spend their money. Fewer people are carrying large amounts of cash when they shop, and instead are relying on credit cards, debit cards and gift cards.