Credit Card Solution Tips and Advice

Menu
  • Contact
  • Credit Card Solution In Steps
    • Credit Card Solution Tips and Advice
    • Debit Card Solution – Debt Consolidation Solutions
    • Credit Card Processing Services Today
    • Amazon Credit Card Review You Should Know
    • Credit Card Debt Consolidation Services Online
  • Credit Card
  • Credit Cards
  • Credit Card Debt
  • Credit Score
  • Credit Repair
Home
Credit Card
Small Business Credit Card Problems: What to Do and What Not to Do
Credit Card

Small Business Credit Card Problems: What to Do and What Not to Do

Willie DeJarnette August 4, 2014
Pin5
Share
Tweet
5 Shares

Top 5 Dos and Don’ts For A Small Business Credit Card

A credit card for your business can be a very important financial tool, one that allows you to incorporate benefits and rewards into business strategies. Here are a few things that you should and shouldn’t do.

Do:

Setting up a credit card for your business can be a daunting task. A multitude of new words and a lot of technical jargon can be overwhelming but having at least somewhat knowledge of the workings and ins and outs of credit card processing can help avoid future problems. Read the fine print.

Don’t:

Having an untrained staff who does not know how to handle a credit card and its transactions can be severely detrimental to the health of your small business. Especially one you are trying to lift off the ground. Trained and well-versed staff in all the comings and goings is a blessing. Educate them all.

Do:

Always check and match signatures and ID numbers and names and expiration dates before processing any transaction. If any particular detail seems out of the ordinary always verify and confirm.

Don’t:

Don’t fail to spot a fake credit card. Failure to recognize discrepancies in credit card appearance and safeguarding against fraud will reflect badly and ultimately land you in hot water. You can do this by knowing what a real one looks like so it makes it easier to point out the one which is not.

Do:

Know and be aware of all the state laws and regulations for credit card processing. Unknowingly breaking any law may result in steep fines and a bad credit on your business’s name.

Don’t:

Don’t store customer credit card data for processing at a later time. All transactions should be processed at the time of purchase, allowing sensitive credit card data to be compromised can put you at great risk of fraud liability.

Do:

Use good credit sense. Many of the same rules apply to a business credit card as they do to personal credit cards. Using them strategically and wisely can make your business run as efficiently as possible while upholding credibility.

Don’t:

Don’t use your business credit card for personal use and transactions. While it may be convenient to pay for both at the same time, keep both purchases separate. Doing so will muck up all the advantage that business credit cards give in allowing you to track expenses on a monthly basis.

Do:

Do allow customers to pre-order goods on the internet by charging their cards. This will only be more efficient for your business. The easier and quicker it is for a customer to get done with a purchase and be on their merry way without having to stand to wait in line for hours, the more your clientele increase. Customer satisfaction is a major point of success for any business. Especially a small one.

Don’t:

Don’t get into the habit of paying only the minimum amount of your due on your credit cards. The interest costs could kill your business before you know what hit you.

 

Small Business Credit Card Problems: What to Do and What Not to Do
Share
Tweet
Email
Prev Article
Next Article

Related Articles

Choosing a New Credit Card
Buying a credit card is like buying a chainsaw – …

Choosing a New Credit Card

What is a Credit Card
What is A Credit Card? – Everything You Need to …

What is a Credit Card & What Does it do?

About The Author

Willie DeJarnette

Just wanted to provide some basic knowledge of credit cards, credit score, and other credit types financial resources. Always trying to provide an understanding how to use credit cards and basically staying away from financial ruins.

Leave a Reply Cancel Reply

All Topics

  • Business (1)
  • Credit Card (55)
  • Credit Card Debt (28)
  • Credit Card Processing (2)
  • Credit Cards (6)
  • Credit Repair (8)
  • Credit Score (17)
  • Debt (3)
  • Debt Consolidation (2)
  • Finance Blog (1)
  • Student Loan (1)

Credit Card Solution Tips and Advice

Recent Posts

  • How to Get an 850 Credit Score …
  • Best Credit Repair Pros and Cons Secrets …
  • How to Get Out of Debt Within …
  • Best Credit Repair Near Me Secrets Revealed
  • Best Credit Repair Companies Secrets Revealed
  • Business
  • Credit Card
  • Credit Card Debt
  • Credit Card Processing
  • Credit Cards
  • Credit Repair
  • Credit Score
  • Debt
  • Debt Consolidation
  • Finance Blog
  • Student Loan

Menu

  • Privacy Policy
  • Terms of Service
  • Contact
  • About Us
Copyright © 2023 Credit Card Solution Tips and Advice
Theme by MyThemeShop.com

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

Refresh