SBGA Blog Irvine California

SBGA (Small Business Growth Alliance)

SBGA (Small Business Growth Alliance) has the expertise, resources and partnerships that allow business owners to make the best growth decisions possible. SBGA offers all-encompassing solutions through their various partnerships, allowing SBGA members to grow their customer base, increase profitability, reduce costs, and mitigate risk. For news of our product and packages visit our SBGA blog and stay current with the ways in which we can help small businesses like yours succeed. Check out some of our customer reviews.

SBGA provides powerful web management tools and resources that can help your business grow. With professional customer service and attention to detail our marketing team provides expert marketing techniques that are designed to showcase your business on the web.

 

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SBGA Credit Card Processing for small business

While there is no doubt about the benefits of credit card processing in a business, it is still important to understand how the process works. There are five different parties that are a part of credit card processing: the cardholder, the business, the business’ bank, the cardholder’s bank, and the card brand associations (think Visa, MasterCard, American Express, etc.).

First, a business obtains credit card processing abilities by establishing an account through a credit card processor. This allows the business to accept several different types of credit cards, debit cards, and even gift cards through a credit card processing terminal. Then, a customer makes a purchase at a business by swiping their credit card on the business’s credit card processing terminal.

From there, the credit card must be authorized. Card associations such as Visa and MasterCard are essential for credit card authorization. They ask the cardholder’s bank to authorize a request for funds by checking security features and making sure there is enough money in the cardholder’s account. The cardholder’s bank then approves or cancels the request.

If approved, the cardholder’s bank sends an authorization approval to the business’ bank. Then, at the end of the day when all of the business’ transactions are sent to the bank for settlement, the customer’s bank deposits the funds in the business’ account.

Credit card processing might seem like a complicated process on the back end, but for most businesses and their customers, it’s as simple as swipe-and-go. Open your business to the benefits of credit card processing today.

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    5 1 5 very helpful and patient 1
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    very helpful and patient...

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    5 1 5 Very helpful through out the PCI questionnaire process. 1
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    Very helpful through out the PCI questionnaire process....

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    4 1 5 I called with a questions regarding a charge to be applied to our account that I wasn't aware of. Turns out I didn't receive the information packet (however, could have been an error on our end). Tiffany was extremely helpful in answering my questions, and explaining the new procedure/costs and everything was handled in a timely, professional and courteous manner. 1
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    I called with a questions regarding a charge to be applied to our account that I wasn't aware of. Turns out I didn't receive the information packet (h...

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    4 1 5 Polite and helpful. 1
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    Polite and helpful....

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    4 1 5 The service is excellent. I don't like the surprise and unexplained charges. 1
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    The service is excellent. I don't like the surprise and unexplained charges....

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