Welcome to our


Monday

Momentum


newsletter



A great article

AND a

Fun Fact to start

off your work week!


This week's Chamber Member Spotlights:

Address: 238 Monroe Turnpike

Email: julia.gerace@yahoo.com

Phone: 203-922-0191

Website: Soundbathct.com

Email:

maryann@smallbizvantage.com


Phone: 203-913-7741


Website:

Smallbizvantage.com

**This article is being share from the US Chamber.com website.

**A recent report found that 83% of point-of-sale (POS) payments in 2022 consisted of credit, debit, and digital wallet transactions. Indeed, consumers appreciate the convenience of paying with credit and debit cards. Credit card processing companies provide the infrastructure and software so you can accept credit card payments, including online and in-person transactions.


However, monthly subscription fees and pricing structures vary by the merchant account provider. Since a good portion of your credit card sales (1.5% to 3.5%) goes to your payment processor, picking a credit card company that suits your business model, transaction volume, and customer payment preferences is essential. Learn how credit card processing works, what to look for in a merchant services provider, and how to negotiate lower processing fees.


Click HERE to read:

A Guide to Understanding Credit Card Processing

Important Day of the Week:

Juneteenth


Juneteenth is a vibrant celebration that marks an essential chapter in American history. Every year on June 19, people across the United States celebrate this day to honor the end of slavery.


It started in Texas in 1865 when enslaved African Americans in Galveston were informed by Union soldiers that they were free.


This news came two years after President Abraham Lincoln‘s Emancipation Proclamation, which had officially outlawed slavery. Despite the Proclamation, slavery persisted in several places until the end of the Civil War and the arrival of Union troops who ensured freedom was enforced.



History of Juneteenth


Click the photo to learn more about it...