Dots (Page 4)

The Impact of Automated Payouts on Employee Retention and Satisfaction

Is your team unhappy with traditional payouts? Learn how automated payouts boost employee retention through speed, flexibility, and financial wellness.

Navigating the Complex World of Credit Card Processing Regulations

Credit Card Processing Rules and Regulations: What to Know Understanding credit card processing rules and regulations is crucial for businesses that handle payment transactions. Compliance with these standards not only ensures a secure and trustworthy payment environment for customers but also protects businesses from legal repercussions. In this blog post,

Blog

Understanding Form 1099-K

Form 1099-K: A Comprehensive Guide These days, people are finding unique ways to make money. Thanks to technology, opening up a business from home or making extra money as a side hustle is easier than ever. The gig economy is booming and shows no signs of slowing down. As a

Blog

Tips for Automating Your Payment Processing

Automation continues to change nearly every industry. As technology improves and organizations invest in digital transformation, businesses of all sizes are finding new ways to make standard operations more efficient than before. When most people think of automation, they picture high-tech machines simplifying industrial workflows. However, automation software can be

Blog

The Ultimate Guide to Merchant Accounts

Navigating the complex world of financial transactions in the business landscape requires a fundamental understanding of merchant accounts. As a business owner, having a reliable and secure means to accept payments is paramount to success. In this comprehensive guide, we'll explore the intricacies of merchant accounts, from their

Filing Form 1099-MISC: What You Need to Know

Businesses have a mountain of paperwork to file when preparing their taxes. While employee tax obligations are relatively straightforward, what if you work with freelancers and independent contractors? Self-employed individuals aren't full-time staff employees, so they're exempt from income tax withholding. Because you're not

Documents You Need When Hiring an Independent Contractor

Independent contractors have a lot to offer businesses, big and small. They can help companies meet long- and short-term goals while giving organizations a cost-effective solution for bringing in new talent. More and more businesses are turning to contractors to fulfill roles they may not need on a full-time employee

Payouts

What is the Difference Between Real-Time Payments (RTP) and Automated Clearing House (ACH)?

Modern banking is more efficient and versatile than ever before. These days, you have numerous options for sending and receiving money. With a payouts API like Dots, you're no longer limited to just one rail when you need to send payments to contractors, marketplace sellers, affiliates, etc. While

1099s

Remaining Tax Compliant When Employing 1099 Workers

If you’re a business that employs freelancers and independent contractors, it’s essential to stay tax compliant. Improperly classifying employees or failing to file the correct tax documents can lead to hefty fines and penalties. To stay compliant, you need to understand your obligations as an employer and ensure

Payment Processing

How Your E-commerce Business Can Benefit From Multiple Payment Options

If you’re an e-commerce business, it makes sense to make the checkout process as simple and seamless as possible for your customers. This means making the process intuitive, but it also means offering multiple payment gateways. Online businesses can benefit from multiple payment options in numerous ways. Whether you

Payment Processing

An Online Business Owner’s Guide to Different Payment Methods

There are more digital payment methods available to consumers than ever. If you’re an online business owner, it benefits you to offer multiple payment methods to your customers. It gives them more flexibility and options with how they pay, creating less friction in the checkout process. Less friction means

Fraud

How to Protect Your E-commerce Business From Online Fraud

Online fraud is a major challenge for e-commerce businesses. It can cost you money and put your customers’ sensitive data at risk. E-commerce businesses owners need to be proactive to prevent online frauds and take the necessary precautions to protect their customers. In this blog, we’ll be diving into

Payment Processing

The Ultimate Guide to E-commerce Payment Processing

E-commerce business owners can increase sales and conversions with a streamlined and versatile payment process. If you’re looking to improve your payment processes for your business, this guide can help. In this ultimate guide to e-commerce payment processing, we’ll give you all the information you need to improve

1099s

Steps for Onboarding a 1099 Contractor

Are you a business that needs to onboard 1099 contractors? This can be a tricky process, but it doesn’t have to be that way. In this blog, we’ll provide you with a step-by-step guide on how to successfully onboard 1099 contractors as efficiently and effectively as possible. Onboarding

What is an IBAN and How Do They Work? - Dots

Payouts

What is an International Bank Account Number and How Do They Work?

If you’ve transferred money internationally, you may have heard of IBANs. IBANs, or International Bank Account Numbers, are used worldwide for international and sometimes domestic transactions. But what exactly are these numbers and how do they work? In this post, we’ll be discussing everything you need to know

Case Studies

Connecting the Dots: TeachMe.To

With Dots, processing payments is 2 to 3 times quicker than with Stripe. This task used to take half of a day when I was using Stripe, and now it normally takes about an hour each day. It’s a meaningful change for us to reclaim that bandwidth. Zach Schmid,

Global Payments

The Shift Towards Digital Global Payments

The world has drastically shifted toward digital payments over the last decades. As the years have passed, digital payment technology has only become more flexible, secure, and cost-effective. This shift has made it much easier for businesses of all sizes to go global, accepting payments from all around the world

1099s

Everything E-commerce Business Owners Need to Know About Form 1099-MISC

If you’re an e-commerce business owner, you need to know about Form 1099-MISC. More importantly, you also need to be aware of the differences between 1099-MISC and 1099-NEC. While you may have used 1099-MISC in the past for certain payouts, you’ll likely need to file 1099-NEC forms instead

Esports

How to Distribute eSports Prize Payments

Organizing a video game tournament is already a time-consuming and resource-intensive task. There are anti-cheat measures to consider, roster management, and much more. But perhaps one of the most difficult factors to manage is distributing eSports prize payments. Handling entry fees and payouts for entrants is an essential part of

Contractors

Ways to Pay International Employees and Foreign Contractors With an API

Thanks to the internet, it’s easier than ever to broaden your business horizons and operate on a more global scale. The days of being limited to independent contractors and freelancers in your area are over. Collaborators with the specific skills and unique perspectives you want are only a few

Contractors

How to Easily Pay Your Freelancers and Independent Contractors

Business owners need to pay freelancers and independent contractors differently than they pay their employees. Creating a separate process for paying non-employees can be a hassle, especially if you work with a lot of contractors. Fortunately, it doesn’t have to be complicated. Dots provides a hassle-free and frictionless way

What to Know About Staying Compliant With 1099 Workers - Dots

1099s

Compliance for Independent Contractors and 1099 Workers: What to Know

Confused about 1099 compliance? Get the full guide on properly classifying contractors, the 3 IRS criteria, and how to file W-9 and 1099-NEC forms.

Case Studies

Connecting the Dots: Collabstr

Starting out, our biggest limitation was what we were previously using–Stripe Connect. We kept running into roadblock after roadblock. Initially, it was fine, as we were just using it for basic use cases, but once we needed more flexibility, that's when we were banging our heads against

Marketplace

What Marketplaces Need to Know About the INFORM Consumer Act

A new law is fighting online fraud. Is your marketplace ready for the INFORM Consumers Act? Read our guide and know how to stay compliant and avoid huge fines.

How to Streamline Your Payment Infrastructure - Dots

Payment Processing

Tips for Streamlining Your Payment Processes

Every business can benefit from streamlining its payment infrastructure. However, restructuring your payment processes and workflows can be difficult and time-consuming. But it doesn’t have to be that way. With the Dots API, you can make your payment processes more efficient and save time while also making sure your