Best Financial Advisors in Hialeah, FL

Nearly 1 in every 3 consumer purchases in the United States is made with a payment card including credit, debit, and prepaid products. Of every $100 spent by consumers, nearly $40 is in a form other than cash or check. Consumers carry more than 1 billion Visa cards worldwide more than 450 million of those cards are in the United States. U.S. Visa cardholders conduct more than $1 trillion in annual volume. The average ticket for Visa purchases is consistently more than cash. (Source: www.visa.com/ )

Funds are automatically transferred to your business checking account via an electronic ACH transfer. Funding occurs after a transaction has been captured and settled for payment. PCI Pros offers merchants 12-hour funding which means if you batch your terminal by 7pm, the funds will be available in your checking account by 7am the following morning.

The number one reason to extend your business to the internet is very simple; YOU WILL REACH A LARGER AUDIENCE. Over 100 million people worldwide are now connected to the Internet, and online stores have a nearly unlimited potential customer base. Electronic Commerce (or Ecommerce) is relatively new, but all indications show that it will be a major commercial influence within only a few years. Even the most conservative estimates indicate that Ecommerce growth in the next few years will be enormous. Total e-commerce sales for 2008 were estimated at $133.6 billion, an increase of 4.6 percent from 2007 while total retail sales in 2008 decreased 0.6 percent from 2007.

Visa and Master Card require each merchant to perform AVS (Address Verification Service) on all transactions where the card is not present. However, this is just one form of fraud prevention, and there is no guarantee that the transaction is not fraudulent. The merchant is responsible for all transactions accepted, even if AVS is approved. If you feel a transaction is possibly fraudulent, you can contact the cardholder, as well as the Financial Institution that the card is affiliated with, to verify authenticity.