10 Payment Processing Tips for SMBs - Slide 7

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As e-payments replace more and more checks, don’t lose sight of the potential increased exposure with fraudulent checks. Converting paper checks electronically to ACH, checks-by-phone, Web, Check 21, and check guarantee can increase cash flow and mitigate losses.

How should a small to mid-sized business approach payment processing? Greg Hammermaster, president of Sage Payment Solutions, offers 10 things SMBs should know about this field. Hammermaster has extensive experience with credit card and check operations, and has also worked in the sales and business development of commercial card practices.

IT Business Edge’s Paul Mah posed a few questions to Hammermaster about how SMBs should go about payment processing. Be sure to read his post, “Implementing Payment Processing in SMBs.”

Related Topics : Application Security, IT Process Management, Six Sigma

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