Beginner's Guide to Merchant Accounts

Tips for Choosing a Credit Card Processor for Your Business

4.65 (143 reviews)
Udemy
platform
English
language
Accounting & Bookkeeping
category
instructor
Beginner's Guide to Merchant Accounts
6,015
students
1 hour
content
Nov 2017
last update
FREE
regular price

What you will learn

Why banks charge fees for processing credit cards... and what is reasonable.

What to look for in the fine print so you aren't fooled by rates that are "too good to be true."

How to determine if accepting credit cards is right for your business.

How to protect yourself from the liablity that comes with accepting credit cards.

Why take this course?

Accepting credit cards makes it easier for people to buy your products and services, but credit card processing comes with fees. And touching credit card information opens you and your business to an increased level of liability.  This course will help you to understand the risks and weigh the fees associated with accepting credit cards so you can make the right decision for your business.

Our review

--- **Overall Course Rating:** 4.65 out of 5 stars ### **Course Review** **Pros:** - **Comprehensive Information:** The course provides a thorough understanding of credit card processing, covering aspects from the merchant's point of view to consumer perspectives. - **Ease of Understanding:** Lesa presents complex topics in an easy-to-follow manner, making the content accessible to learners at all levels. - **Relevant Content:** The course addresses the most important and valued points regarding payment systems, demystifying jargon and providing clear explanations. - **Practical Insights:** Users find the e-commerce portion particularly useful, offering insights that are directly applicable to their businesses. - **Informative and No Fluff:** The course delivers information without unnecessary elements, focusing on what is essential for understanding merchant accounts. - **Useful for Personal Finance Activities:** The knowledge gained from the course is applicable not only for business owners but also for personal finance management. - **Detailed and In-Depth Content:** The detailed nature of the content is highlighted as a strength, offering essential information for those considering merchant accounts. - **Clear Description of Services:** The course helps in mapping available services to the nature of different businesses, which is crucial for business success. **Cons:** - **Limited Discussion on PCI Compliance:** Some users express a desire for an in-depth discussion on Payment Card Industry (PCI) compliance, which is an important aspect of credit card processing. - **Need for Convincing Strategies:** A few users point out the importance of including strategies to convince customers to use credit cards, as this is a key factor for businesses that accept them. ### **Course Structure and Materials:** The course is structured in a way that it breaks down complex topics into digestible pieces of information, making it easier for learners to understand and apply what they've learned. The use of real-life examples and clear explanations has been appreciated by many users. Additionally, the provision of handouts and materials has been highly valued, as it enhances the learning experience and allows learners to refer back to the information as needed. ### **Instructor Performance:** Lesa is commended for her expertise and ability to convey complex ideas in a simple manner. Her performance as an instructor is well-received, with users expressing satisfaction with the quality of instruction provided. The course's content is deemed valuable and its presentation effective, contributing significantly to the positive reviews it has received. ### **User Engagement:** The interactive nature of the course, along with its comprehensive coverage of the subject matter, keeps users engaged throughout the learning process. The practical tips and insights offered are particularly engaging for those actively looking to implement credit card processing in their businesses. **Final Verdict:** This course is highly recommended for anyone involved in business decisions related to credit card processing. It offers valuable insights and clarification on terms and processes that are essential for anyone considering merchant accounts or advising clients on payment solutions. The course's only drawbacks are the lack of a more detailed focus on PCI compliance and strategies to encourage customers to use credit cards. Otherwise, it is an informative and valuable resource for understanding the costs, variables, benefits, and risks associated with credit card processing.

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Enrollment distribution

Beginner's Guide to Merchant Accounts - Distribution chart
1126272
udemy ID
2/25/2017
course created date
8/29/2019
course indexed date
Michael Wylie
course submited by