Blog posts tagged with "Business Credit Cards"

Back before Venmo, PayPal, and Quickbooks, wire transfers and charge cards were the cutting edge of payments technology. Then in 1972, the Automated Clearing House (ACH) was established to process domestic payments.

As a small business owner, you know that credit card payments are more popular today than ever before. Most customers prefer to pay with credit cards over cash and check. Not only are credit cards convenient, they also come with perks like rewards and security. In addition, credit cards can allow customers to build or improve their credit.

As a business owner, you have many choices when it comes to almost every aspect of your company’s finances. This is particularly true when it comes to choosing whether to manage your daily spending with a credit card or a debit card.

In the second quarter of 2020, credit cards share of purchase volume was 44.7 percent. In other words, nearly half of the dollars spent in the U.S. were spent using credit cards.

American Express’ Centurion Card, commonly known as the “Black Card,” is one of the most well-known prestige pieces on the planet. Causing imagery of ultra-rich dropping this metal card down to pay for luxury items is common.

If you’re in the agribusiness industry, you may need financing to cover a variety of expenses. Maybe your trucks or tractors are long past their prime and you want to replace them. Or, perhaps you want to purchase more farmland to expand into a large scale operation.

As a small business owner, you may be on the lookout for new ways to earn money. Cash back business credit cards offers just that, by providing you with cash rewards that you can use for just about anything.

Most likely, you’ve seen offers for business credit cards online or in your mailbox. Many companies even offer points or rewards to entice you to sign up. Overall, the rewards will be similar from one card to the next, which is why it’s important to find a card that best fits your business’s needs.

If you’ve been hesitant to accept credit card payments in the past, it may be time to reconsider. You are passing up on too many opportunities!

When you apply for a business credit card, the credit card issuer will require information such as your business credit score. Credit card companies use your credit score to determine factors like interest and eligibility for certain benefits.