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Payment Depot
United States
Registrace 6. 05. 2014
Payment Depot was started out of frustration with traditional credit card processing companies. We set out to be different by offering business owners a transparent pricing structure. Our program allows our members to pay only the True Cost from the credit card brands. No marked up rates, no surprises!
At Payment Depot we are committed to providing an excellent experience for all of our members by saving them more money. We never profit from rates, which means our members keep more of the money they earn.
At Payment Depot we are committed to providing an excellent experience for all of our members by saving them more money. We never profit from rates, which means our members keep more of the money they earn.
Debit Card vs. Credit Card Transactions
Want to know the biggest difference between debit and credit transactions?
Debit cards translate right into cash, as do ATM cards; whereas customers can’t withdraw cash from a credit card. Debit cards are “buy now, pay now” while credit cards are “buy now, pay later.” Credit cards are great in a pinch and for customers who are in the process of building up their credit. Debit cards are perfect for those who prefer to work with the money they already have.
As a retailer, you have very little control over whether your customers use credit or debit cards for transactions. What you can control, however, is how much your business pays for credit card processing. Additionally, credit cards give customers the chance to build up their credit score when they make timely payments. With credit cards, customers can maintain or increase their spending limit by making monthly payments. But they’ll still have to pay a monthly interest charge on their credit card balance.
With debit cards, on the other hand, what you see is what you get. Another key difference between debit and credit cards is that you can’t spend past your limit with debit cards.
Still have questions? Read our blog post for more information on our website here: paymentdepot.com/blog/difference-between-debit-and-credit/
#paymentprocessing #creditcard #debitcard #paymenttransactions #creditcardmachine #smallbusiness #b2b #creditcardprocessing #debitcardprocessing #paymentdepot
Visit our website: paymentdepot.com/
Facebook: SaveWithPaymentDepot
Instagram: paymentdepot
LinkedIn: www.linkedin.com/company/payment-depot/
Twitter: paymentdepot
CREDITS
- Icons: flaticon.com
Debit cards translate right into cash, as do ATM cards; whereas customers can’t withdraw cash from a credit card. Debit cards are “buy now, pay now” while credit cards are “buy now, pay later.” Credit cards are great in a pinch and for customers who are in the process of building up their credit. Debit cards are perfect for those who prefer to work with the money they already have.
As a retailer, you have very little control over whether your customers use credit or debit cards for transactions. What you can control, however, is how much your business pays for credit card processing. Additionally, credit cards give customers the chance to build up their credit score when they make timely payments. With credit cards, customers can maintain or increase their spending limit by making monthly payments. But they’ll still have to pay a monthly interest charge on their credit card balance.
With debit cards, on the other hand, what you see is what you get. Another key difference between debit and credit cards is that you can’t spend past your limit with debit cards.
Still have questions? Read our blog post for more information on our website here: paymentdepot.com/blog/difference-between-debit-and-credit/
#paymentprocessing #creditcard #debitcard #paymenttransactions #creditcardmachine #smallbusiness #b2b #creditcardprocessing #debitcardprocessing #paymentdepot
Visit our website: paymentdepot.com/
Facebook: SaveWithPaymentDepot
Instagram: paymentdepot
LinkedIn: www.linkedin.com/company/payment-depot/
Twitter: paymentdepot
CREDITS
- Icons: flaticon.com
zhlédnutí: 3 083
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పాండవులు కట్ చేసినారు
472రూపయలు కట్ అయింది 4/6/2024/
Some message me to send my gcash acc. And she would send me 3000$ but I need to pay her a 530 in pesos to buy for ACH. IS THIS SCAM?
LMAO 🤣
Personally, I prefer InvoiceBerry over both Square and Clover. It's much simpler and more efficient for all my invoicing needs. Definitely worth trying out!
Lazy people and your government controls u
Which system would be best for a charity?
Someone is using ACH payments from my checking account to pay their credit card! My bank reimbursed me, but can’t seem to stop it.
My account balance is low which is why I couldn't get no money in my account
Does ACH withdrawal take money at the same time of day every month? I'm waiting for them to take the money.
I am a grafic designer, I am working as freelancing selling my products online over the world and I had an account with square it was work fine without any issues. Today I received an email says my account is now deactivated. I have tried to contact them via online chat because I am not in UK now, but they always saying I am it is outside working hours which is not!!!! So what is the best selution for me to receive payment from different countries, thanks in advance
DOES NOT MATTER WHAT SYSTEM YOU CHOOSE! BUT HOPEFULLY YOU WILL CHOOSE THE BEST COMPETENT ISO--THE ONE THAT ARE KNOWLEDGEABLE ABOUT THEIR PRODUCT AND ONLY DOES PAYMENT PROCESSOR 24/7 (HELP W/TECH ISSUE/FEES CLARIFICATION). AVOID BANK INSTITUTION ISO. THEY ARE 9-5 EMPLOYEES.
What would people recommend for a small bouldering gym? Drop-ins are $20 before tax.
ACH is frustrating for me. I have a credit union, I had a significant cash quantity in there so I created an Amex online savings account and moved the money into there. After a long time I got annoyed with Amex not having a competitive interest rate so I closed that account and moved the money to another bank. The amount exceeded the FDIC insurance so I opened a 2nd one and have been trying to move the money into that one. The goal being to split the amount so each are FDIC insured fully and have a reasonable interest (both are about 5.25%). The problem I get into is each bank has its own arbitrary and usually way too small ACH transfer limits. My credit union only allows up to 10000$ per day. One online bank allows for 25000$/day and limited to 100000$/month. Even when the ACH works, it takes 5 days to even get it to finalize. I keep hearing about "Same day ACH" but it sure doesn't exist in the real world that I can see. Maybe same day ACH is being used for Bank to Bank between banks themselves but not the customers. Is there going to be any trickle down of "same day ach" for normal personal banking accounts? I also suspect it's not going to matter that much as long as banks have these absurdly low transfer limits. Weirdly, I can just write a paper check to myself and postal mail that to one of my online banks and it might be faster than doing 4 or 5 ACH transfers one per day to remain within their limits because they don't have a limit on the paper check.
Seamless and hassle free thank god!
iscam
Well explained mam💯💯
Task 11 Done
WHat about helcim?
Are both good for e-commerce ? And if you're doin pop up shops ?
Stay away from Clover
Yes trying to get my money back form them about 20,000!!
Take our lead 😂😂😂
😂
Liked the video by the way, very natural and understandable. Would it be possible to make another video may be presenting an overview of several Free POS apps? For me, just these two is not enough to take a final decision.
How about Square vs Loyverse?
Anything is better than Clover
Square doesn’t have a monthly cost
Are you able to use it at craft shows?
My bank sent me an email. It said that I am being automatically enrolled in a new process they have named "e disbursements". Is this just a preparation for CBDC? I have direct deposit and that has worked just fine for many years. Why the need to changes things up at this ominous point in history? Thanks
What would you recommend for a Non profit (but not 501c) fully volunteer group for taking donations at a table at conventions and other such events?
What would you recommend for a clothing alterations business, sole proprietor.
can someone commit fraud with ACH payment
If one gives their routing number and account number to a merchant or individual, it means you are authorizing them to debit your account so no fraud will be committed, but if they got a hold of your account number without your knowledge or authorization then takes money out of your account, then that is a clear fraud.
Yes there is.
Mine always say pick up card after ? WhT does that mesn
This is really good advice once you refund a customer theyre no longer a customer, just someone who will talk bad about your products, If theres a problem handle it but never refund it can make or break a small business
I wss thinking this is related to alchemy pay
1.25 video speed is suggested and sounded better
I'm trying to invest in stocks from my account they said I need a ach to do so. Can you explain how can I go about this?
Stay away from square people. Stay away!!! I started using square and started processing lots of card payments then all of a sudden my accounts under review, my money on hold and they need more information about my business ffs. I am not the only one with these problems. Google up their reviews, its bad!! Lots of red flags and sometimes they take money out of your bank around $400, descriptions says it’s for adjustments lmao wtf
Hello, i have the same problem with square, what pos do u recommend
Awesome
I have a client that is looking for a payment gateway system to utilize for his business. He is looking to compensate as an offer of 6% on every charged transaction. Is there anyone here that can help?
Thanks for sharing.
i had customers that used Square switch to CLOVER. CLOVER had more choices and gives better prices in processing.
Processing credit cards ? But charges the business a monthly fee just to operate the machine
Payment
Important to point out as a current clover customer. It isn’t as easy to switch processors as she stated. We found another clover processor with a better rate but once your machines are registered to one processor they can’t be switched without buying new equipment, even though my clover machines work fine. Just a heads up, we love the hardware but don’t know if it is worth the price.
hi Would you mind sharing which processor youre using?
Thanks
What the hell are these comments, they're fake as fuck, 👍👎🤲✋🖖👎🦵💀🦠👉👇👈👆🤳🤸👂
They are paid comments buddy. Happens allot
I am just thinking about getting started to open an online shop. Help I will be selling jewelry and collectibles Ty Lee
If you don't need to manage inventory or staff, you can use a basic payment terminal with a cash register.
I will use it to receive tips or cash/card for driving. Like taxi?