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 Kat heard me out after asking me 2-3 questions and a 2 minute hold she came back and solved my problem. What she did not know is that she was the 4th person I had talked to that was not able to assist me. She cared enough to help me that she found the answers instead of passing me on to someone else. Thank you Kat I appreciate you very much. 1
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    Kat heard me out after asking me 2-3 questions and a 2 minute hold she came back and solved my problem. What she did not know is that she was the 4th ...

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    5 1 5 Friendly representative. Answered my question quickly. 1
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    Friendly representative. Answered my question quickly....

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    5 1 5 I really felt like I she cared about my reason for calling and was not treated like I was just another complaining client. My problem was resolved in a timely manner and that is always appreciated. 1
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    I really felt like I she cared about my reason for calling and was not treated like I was just another complaining client. My problem was resolved in ...

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    5 1 5 Great service 1
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    Great service...

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    4 1 5 Shawny helped me with my question. She was great. I am frustrated that a large credit card transaction takes several days to make it to our bank. 1
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    Shawny helped me with my question. She was great. I am frustrated that a large credit card transaction takes several days to make it to our bank....

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