What are Interchange Fees & How can Merchants Fight Back Against Them? All merchants who accept credit and debit cards should be familiar with interchange fees, and that’s because interchange fees are a costly expense that significantly reduces a merchant’s bottom line. Interchange fees in the US are higher than anywhere else in the world, and last year Visa and…
Why Credit Cards Are Preferred Over Debit Cards Credit and debit cards have been in individuals’ wallets and pocketbooks for decades, but the former mode of payment is older than the latter. With a credit card, an individual can make a purchase using the card issuer’s money. The card holder will have to pay this money back within 15 to…
Why Young Adults Are Flocking to Credit Cards in Greater Numbers Take a trip to any mall in America and you’ll see that many of the shoppers are young adults. This segment of shoppers likes to spend money, and often the money being spent isn’t even theirs. According to a Bankrate survey from January of 2021, 50 percent of individuals…
COVID-19 Restrictions & How Cash Discounting Can Offset These Across the U.S., businesses small and large are still being curtailed by Covid-related restrictions. Unable to operate at full capacity, businesses are struggling with raising revenue, which means they’ve had to turn elsewhere to offset financial losses. Eliminating credit card fees is one option, and now many businesses are viewing eliminating…
Swipe4Free Holiday Toy Drive with Toys for Tots! Swipe4Free will once again be participating in the region’s largest holiday toy drive: The United States Marines Toys for Tots, for Long Island and New York City. Following a sensational year in 2020 where our staff and merchants contributed throughout the holiday season, we will once again be setting high goals in order…
How Swipe4Free Can Offset Labor Shortages When the Covid-19 pandemic hit the U.S. in early 2020, it quickly became clear that most businesses in America would have to shut down. This mass shutdown led to widespread unemployment, and during this time many relied on state and federal agencies for assistance. But with the worst of the Covid crisis now behind…
Swipe4Free CFO Jennifer Vartanov gives expert opinion on “Buy Now, Pay Later” on Fox Business News. Big time retailers like Wal Mart, Bed Bath & Beyond, Macy’s, Adidas, Walgreens and more are introducing a “Buy Now, Pay Later” payment program strategy to entice customers to return to their brick-and-mortar locations. Fox Business News reported on this new trend Monday September…
How Businesses Are Saving with Swipe4Free Cash Discounting For almost two years now, Covid-19 has disrupted every aspect of human life. And these days, small businesses throughout the United States are still reeling because of Covid-related cost increases, restrictions, and revenue loss. In this time where small business budgets across the U.S. are strapped, many business owners are seeking ways…
Zero Fee Processing, The Future of Credit Card Processing Zero Fee Processing has proven to be the best processing platform for business owners and has been a crucial necessity during the COVID-19 pandemic. Small businesses who implement Zero Fee Processing save the cost that traditional processing would normally be charging them by eliminating their credit card and debit card processing…
