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Tuesday, February 20, 2024

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Upgrade Your Payment Processing, Increase Your Profits, Part 2

A two-part series on new opportunities with integrated processing
A two-part series on new opportunities with integrated processing In Part 1 of this series, we looked at the ways Qualpay’s integrated payment processing could lower energy… https://oilandenergyonline.com/articles/all/upgrade-your-payment-processing-increase-your-profits-part-2/

Upgrade Your Payment Processing, Increase Your Profits, Part 1

A Two-Part Series on new opportunities with integrated processing
A Two-Part Series on new opportunities with integrated processing If you are using the same credit card processing service that you first contracted with 20 years ago, you are… https://oilandenergyonline.com/articles/all/upgrade-your-payment-processing-increase-your-profits-part-1/

Going Beyond Online Payments

Advanced services to meet the demands of 90% of consumers
Advanced services to meet the demands of 90% of consumers Your business was built on customer service. For generations, that meant having long-term employees, often family… https://oilandenergyonline.com/articles/all/going-beyond-online-payments/

Trends in Customer Payment Preferences

Giving customers what they want pays back
Giving customers what they want pays back Your customers have expectations about your propane company. On-time delivery. Fair pricing. A call back when service is required. But… https://oilandenergyonline.com/articles/all/trends-customer-payment-preferences/

Get Money Sooner

Streamline cash flow by optimizing payments
Streamline cash flow by optimizing payments An old business axiom holds that “nothing happens until something gets sold.” I think that should be amended with “… and paid.”… https://oilandenergyonline.com/articles/all/get-money-sooner/

The Financial Fight of Your Lifetime

Drastic measures must be taken to protect your margin
Drastic measures must be taken to protect your margin As I pen this, it’s May of 2022 and fair to say that the sand is shifting beneath our feet. Average hourly earnings… https://oilandenergyonline.com/articles/all/financial-fight-your-lifetime/

Is ACH Part of Your Payment Mix?

If so, you should know that the rules are changing on March 19, 2022. Here is what energy marketers need to do to be prepared.
If so, you should know that the rules are changing on March 19, 2022. Here is what energy marketers need to do to be prepared. ACH (Automated Clearing House) payments, also known… https://oilandenergyonline.com/articles/all/ach-part-your-payment-mix/

Time to Take the Pledge: Fuel Dealers Need to Be Protected

Data portability is an essential prerequisite to a fair and competitive marketplace
Data portability is an essential prerequisite to a fair and competitive marketplace Many of you already know that I’ve been working on electronic payments and credit card… https://oilandenergyonline.com/articles/all/time-take-pledge-fuel-dealers-need-be-protected/

Fight Back Against ‘Big Business’

Reward your customers and add hundreds of thousands of dollars to your bottom line
Reward your customers and add hundreds of thousands of dollars to your bottom line As a thought leader in electronic payment processing for fuel dealers, I have spent the greater… https://oilandenergyonline.com/articles/all/fight-back-against-big-business/

FinTech

Use it to gain advantage
Use it to gain advantage It wasn’t long ago that much of the world seemed to be in a philosophical battle of sorts over whether technology, with all of its conveniences, was… https://oilandenergyonline.com/articles/all/fintech/

The ABCs of Credit Card Processing

What heating fuel marketers need to know about payment platforms in 2021
What heating fuel marketers need to know about payment platforms in 2021 If you sell fuel or services in the heating oil or propane space, you may have a basic understanding of… https://oilandenergyonline.com/articles/all/abcs-credit-card-processing/

Payment Processing in a Pandemic

Increase in contact-free transactions signals long-overdue shift for liquid fuels industry
Increase in contact-free transactions signals long-overdue shift for liquid fuels industry Just over one year ago, when COVID-19 hit the Northeast U.S., the staff from NEFI and… https://oilandenergyonline.com/articles/all/payment-processing-pandemic/

Visa and MasterCard Raise Interchange Rates

Payment processors can help fuel dealers mitigate cost increases
Starting in April 2020, Visa and MasterCard will increase the interchange rates they charge utility-class merchants for certain credit card transactions, according to sources… https://oilandenergyonline.com/articles/all/visa-and-mastercard-raise-interchange-rates/

How to Read Your Credit Card Statement

Credit Card Statements come in many shapes and sizes. Some are as few as two pages while others can be over 50 pages. Each processor’s statements have their own look and feel, but the information covered therein is typically the same. However, no matter w…
Credit Card Statements come in many shapes and sizes. Some are as few as two pages while others can be over 50 pages. Each processor’s statements have their own look and feel, but… https://oilandenergyonline.com/articles/all/how-read-your-credit-card-statement/

Payment Processing Today is a Whole Different Animal

Integrated software solutions help dealers respond to changes in customer expectations
Integrated software solutions help dealers respond to changes in customer expectations Forget about fuel delivery for a moment. Think about the last time you checked out the… https://oilandenergyonline.com/articles/all/payment-processing-today-whole-different-animal/

Do You Know How Much It Costs to Accept a Check?

It is no secret that a good percentage of merchants in our industry still mail out monthly invoices and get paid by check, but many have no idea what the process is actually costing them. Do you know how much you pay per check? To help, I’ve put togeth…
It is no secret that a good percentage of merchants in our industry still mail out monthly invoices and get paid by check, but many have no idea what the process is actually… https://oilandenergyonline.com/articles/all/do-you-know-how-much-it-costs-accept-check/

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