Saying "no" to credit cards has become a sure shot sale killer. Almost all savvy business owners offer credit cards as a payment option now. Many customers only carry petty cash Lucas Duda Jersey , preferring to use credit cards for purchases.
A business that offers credit card payment options has to pay credit card processing fees to a credit card processing agency or bank. Processing fee is a sore point for many business owners as they cannot justify paying a cut of their sales to another agency. Acknowledging the contribution of credit card sales to their profits will help business owners look at processing fees with more equanimity.
Business owners must evaluate the cost of the processing fees to the business by studying the monthly statements frequently. The cost should be adding value to your business.
How much processing fee is acceptable?
Processing fee is a percentage of the credit card sale value. This can be 2%-5% of the swipe. The percentage being charged to your account can be assessed by studying the monthly bank statements. Calculate the percentage cut per credit transaction. If the percentage is near 2%, that is great. If the percentage is at the higher end of the range then you need to look for another credit card processing agency.
Third-party credit card processing agencies are giving good competition to banks. Many of these agencies offer services at much lesser rates. Survey the market to find a credit card processor that charges near 2% as the processing fee.
Verify any additional fees being charged
Sometimes, monthly statements show charges apart from the regular processing fees paid to the credit card processing agency. Check with the credit card processor and find out the charges. At times Billy Hamilton Jersey , additional charges make sense because an added service adds value to the customer and your business. The value of additional charges can only be evaluated if you inspect the monthly statement and spot the extra charge. If the charge does not make sense, and you have no option but to pay it, you need to change your credit card processing agency.
Review the cost of the credit card processing fees to your business by keeping a record of the monthly fees. Good processing agencies have a valid reason for levying an extra charge and inform you of it.
Compare notes with business associates
It is good strategy to compare notes with business associates to assess the benefits of a particular credit card processing fee structure. After examining your monthly statement Alex Gordon Jersey , compare numbers with the monthly statement of another business owner. This is also a good way of getting to know of a better credit card processing agency.
Credit card sales form a good chunk of the total sales volume and paying a processing fee for the transactions is part of the package. Business owners can shop around for a good credit card processing agency that offers reasonable rates. They must also study monthly statements to ensure they are not paying unreasonable extra charges or a higher processing fee. All in all, credit card payments earn businesses way more than what the processing fee costs them. LG showed a dual-screen smartphone.
But while the Korean company's competitors have already demonstrated hybrid phone tablet designs involving flexible displays and complex hinges, LG has taken a much simpler approach.
It created a second display as a detachable accessory. Due to the gap between the screens Yordano Ventura Jersey , the end result may not look so elegant, but it may cost less.
The 6.2-inch (15.7 cm) V50 ThinQ phone and its matching dual-screen plug-in feature OLED (Organic Light Emitting Diode) technology. At a press conference in Barcelona, LG suggested that the two can be combined:
Touch screen control panel for video games
One group call setting Bo Jackson Jersey , where the caller can view the other two participants in full screen
A YouTube live broadcast where video blogs can see their shots on one display and their followers鈥?comments on another display The plug-in is connected to the phone via three pogo pins on the back, making the phone's USB-C port free.
When in use, it can be positioned to the main display at two angles (104 degrees or 180 degrees flat).
It can also be turned off so that it is on top of the phone as a protective case.
LG has not disclosed the cost or release date of the device George Brett Jersey , but does reveal other specifications, including 5G network compatibility and three rear cameras.
鈥淭he game controller use case is very interesting,鈥?commented industry analyst Patrick Moorhead.
He said that taking screenshots and sending them via email is also very effective Wholesale Kansas City Royals Jerseys , but after using it, "if it is gimmick or useful, it will be torn."
Others point out that adding a dual display makes the phone's thickness almost double and the weight increases by 70%.
LG has previously said it has considered launching a true foldable screen phone Wholesale Royals Jerseys , but has decided it is too early and is more likely to regain lost market share.
The company also introduced the G8 - the front end of this smartphone uses a palm scan camera.
This can be used as a replacement for fingerprint sensors that use infrared light to track blood in the user's veins to unlock the device.
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