Amit Mathradas is General Manager, Small Business Group for North America at PayPal. He's on a mission to educate retailers and help them increase sales and revenue in their businesses. In a recent discussion, he offers these key tips for succeeding Amit Mathradas, PayPal head of Small Business online and offline during the holiday season and...
The global e-commerce market is worth more than a trillion dollars. And with more than 20 percent growth in online business YoY, there has never been a better time to own an e-commerce business. But with more than 12 million online stores in the world, it is an extremely tough competition. With only around 110,000 e-stores...
High-risk merchants typically are businesses that payment processors and merchant services providers consider to present excessive exposure to fraudulent transactions, default, legal issues or chargebacks. However, the kinds of businesses that fall under this category aren’t always what you might expect. Here’s a look at some factors that could cause a business to be considered...
As a small business owner, you may feel a strong sense of trust in those you employ. And it’s important to trust your employees; trust that they will do a good job, serve the business and the clients well, and respect what you have built together. But this trust should not be at the...
The final barrier to a customer bringing home their purchased goods in a brick-and-mortar store is the physical act of approaching a person at a cash register and paying for their items. It is the last, crucial step in clinching a sale. Especially for small businesses, this step can make or break the business....
According to statistics, only 1 out of every 10 startups manages to succeed, while the remaining 90% fail due to lack of experience, incompetence, negligence or even fraud. On the other hand, the minority that achieves stellar success pride themselves on their awareness of the market requirements, their clearly defined goals and the ability to...
The digital age of today’s world has seen the ever-increasing vulnerability of secure information. Between identity theft and credit card fraud, no information seems 100 percent secure. The same goes for large companies. As major retail branches like Target make national headlines for recent security breaches, it is no surprise that cybersecurity is a top...
Small business owners often struggle with funding their business, choosing to bootstrap or use credit cards and loans because it’s hard to get in front of wealthy venture capitalists (and even harder to win these investors over.) On Monday, May 16, all of this changed with new Regulated Crowdfunding rules that will make it easier...
Despite the rewards, entrepreneurship comes with inherent risk. Of course, there's the risk of failure, poor investments, or not making enough profit to live on. Those are the fears that keep most people from starting a business. But those risks aren't the ones we're here to discuss. Today, we're talking about the risk of...
With the exception of operators of ATM machines and fuel pump payment terminals (who have until 2017 to transition to EMV technology), merchants who accept credit and debit card transactions now bear the liability associated with a payment security breach if they aren’t equipped to process EMV transactions. However, merchants who have updated their payment...
