Accepting credit cards at your firm isn’t as simple as setting up a merchant account for a snow cone hut. Where as many retail stores may have similar accounts, their functions and needs are rather simple and straight forward. The main reservation I hear from law firms is the inherent complexity of a firm’s operations…
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We’re all in business to make profit—well, unless you’re a non-profit, in which case you still want to make money and won’t classify it as profit. You’ve probably heard that you need to spend money to make money, assuming that to make more money your business needs to grow. Growth happens through marketing, opening new…
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The payments process can be complicated and confusing. Like other professions, it has its own lexicon and it feels like you need an experienced guide to understand where your money goes, let alone trying to find a good deal. And have you looked at your credit card statement lately? Depending on your provider, it can…
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Basis points. Card not present or card present. Cost-plus. Interchange. Flat rates. Tiered rates. Debit or credit. Low risk and high risk. PCI compliance. Underwriting policy. Merchant account reviews. Surcharges. Providers. Facilitators. If these terms have you scratching your head, know you’re in good company. The world of payment processing is complicated and multi-layered. At…
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It doesn’t matter what kind of law firm you run, the way that people pay for things is, and has been, changing. And with the way that people pay for things changing, the way that they expect to be able to pay for them is changing as well. If you’re not working with payment solutions…
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Accepting credit cards and e-payments have become a must-have for both small and large businesses. Your clients expect you to take credit cards because it’s easy for them. So why do many law firms avoid transitioning from manually depositing cash and checks to accepting credit cards? Here are 6 reasons why we think law firms…
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