Payment Processing Industry Insights
Credit Card Processing 101: How Does It Work?
If you run a business that accepts card payments, you’ve probably wondered what actually happens between the moment a customer swipes their card and the money showing up in your bank account. It feels instant, but there’s a whole system working behind the scenes to...
What is the Difference Between a Chargeback and a Refund?
Running a business involves managing a lot of moving parts, and few things are more frustrating than seeing money leave your account after you thought a sale was finalized. While both refunds and chargebacks result in a customer getting their money back, they follow...
Coast 2 Coast Payments & FastBound: The Ultimate FFL Compliance Solution
In the firearms industry, "good enough" usually leads to a headache you can't afford. If you’re running an FFL, you know the stress of keeping your sales and your compliance records in sync. That’s exactly why Coast 2 Coast Payments and FastBound teamed up. We’ve...
How to Create an Invoice: A Step-by-Step Guide for Small Businesses
Getting paid shouldn't be the hardest part of your job. Whether you’re a contractor finishing a big project or a boutique owner shipping a custom order, a professional invoice is the bridge between a job well done and money in the bank. This guide breaks down exactly...
Why Your Business Can’t Process Payments on PayPal: Understanding Limitations and Solutions
In today’s digital age, online payment processing is essential for businesses to thrive. Among the many options available, PayPal stands out as a popular choice for its widespread acceptance and ease of use. However, despite its ubiquity, there are instances where...
What is a POS System and How Does It Work?
You are probably in the process of researching and comparing different point-of-sale system options. The speed, functionality, and capabilities are what differentiate top POS systems. Read on to learn what exactly a POS system can do and how to choose the correct...
What is a POS Terminal?
A point-of-sale (POS) terminal is the hardware required for a business to process payments. Whether you use a mobile card reader or an in-store register, a POS terminal allows you to collect and process payments. With different types of terminals available, collecting...
Best Firearm-Friendly POS Systems
Choosing the right POS system for your firearm business is not easy. With multiple POS options offering different functionalities, there is so much to consider. What type of POS hardware do you need? Which systems fit within your desired budget? Is a mobile POS...
What is a Cash Discount Program?
A cash discount program shifts the burden of paying credit card processing fees to the customer instead of the seller. If a customer chooses to pay with cash, they receive a small discount since there are no processing fees required. It is a program that incentivizes...
Payment Gateway vs Payment Processor
The key to providing a smooth payment transaction process is being able to distinguish the difference between a payment gateway and a payment processor. We will walk through what differentiates the two components and how they work together for your business.What is a...