Articles by RedFynn

August 11, 2017 By RedFynn

Meet Business Needs with POS Technology Point-of-sale technology is constantly evolving, but it has long been something businesses need in order to adequately manage the profits and expenses of your retail or service business. Even a business who generates just a few thousand dollars a year in profits can benefit from having a basic POS system. The POS system you choose will handle all your sales, inventory, expenditures, and payroll. For this reason, you must choose a system which is the … [Read more...]

August 10, 2017 By RedFynn

5 Ways To Manage A Successful Restaurant To manage a successful restaurant, you must have the right combination of food, people, equipment, and atmosphere. It can be tough to balance, while getting the day-to-day stuff right, too. Things like inventory, time sheets, and dish popularity can easily be overlooked in the hustle and bustle of restaurant management. However, restaurant management software can help! It’s specifically designed to help owners and managers see the big picture when it … [Read more...]

April 8, 2016 By RedFynn

High-Risk Credit Card Processing Have you ever heard of high-risk credit card processing? Well, first and foremost— "we need to remember, with the current dangers and security threats existing today, basically all types of business transactions involve certain risks." Whether you are a small or large business, you run the risk of being victimized by unscrupulous hackers who have made it their profession to steal money. Yes, hackers will steal your money. And they will steal your … [Read more...]

April 7, 2016 By RedFynn

Credit Card Processors Credit card processors can be a business’ best friend. Why? Because they make your payment transactions easier, more convenient—and a whole lot safer. Business-wise, credit cards are innovations that have changed the business landscape on a global scale. On. A. Global. Scale. After all, with those handy dandy plastic cards, you get to buy whatever you want, whenever you want. And if you’re a business—that means you always have ready, willing, and able … [Read more...]

April 6, 2016 By RedFynn

Bank Card Services Why do businesses need bank card services? Well, simply because we want to bring more to our clients and customers. After all, we are here to make sure that whatever they need—we are able to deliver. Here’s a fact: Businesses survive because they bring people all the things they need. ... they make sure their clients and customers are happy. ... they’ll make use of the proper strategies to ensure that their business operations are able to cater to the needs and … [Read more...]

April 5, 2016 By RedFynn

What is PCI Compliance Are you wondering... what is PCI compliance? Don’t worry—you’re not alone. If you’re a small business owner, PCI compliance is considerably among the most important things you should know about. Why? Because it actually plays a major, important role in your business. In fact: If you’re in a business that caters to customers, and accepts credit card and online payments—all the more you should know about this matter. So, what is PCI compliance really all … [Read more...]

April 4, 2016 By RedFynn

What Is POS? What is POS? If you don’t know what it is yet—it is highly advisable to dig deeper into what it is. POS (otherwise known as Point-of-Sale), is that exact point when your customers are willing to pay for their purchases. Of course, this means that it is also that exact moment when you are about to make a sale. Obviously, the point of sale is important to business people like us. After all, when you make a sale, you make profits, right? However, fact of the matter is: If you … [Read more...]

April 3, 2016 By RedFynn

PCI Standards What is the PCI standard and how does your business comply with it? Yes, if you are in business, there are certain PCI standards that you need to observe. Otherwise, you might end up paying for losses (that you don’t really deserve). You might end up being penalized with hefty fines (even if you didn’t commit any crime). Or, you might end up suffering from both business losses and fines. Seems unfair? Well, that’s why you need to be updated. If you are a … [Read more...]

April 2, 2016 By RedFynn

When you go to the grocery store or out shopping, you will inevitably make your way to the front of the store to purchase your items at the cash-out area, or the “Point of Sale,” as it’s known to us business folk. It is at this point in the process when you are ready to pay for your items. The point of sale is not only part of the process, it is also the physical place where the transaction occurs. It also refers to the machine or device used to complete the transaction. It used to be … [Read more...]

April 1, 2016 By RedFynn

Payment Service Provider If you’re in business, then the word “payment” is most likely a very important term for you... And you know what? It should be. You've probably also heard of the term “payment service provider”... Receiving and making payments is one of the key tasks which should be done efficiently, most especially if you want to stay in business. If you don’t have a payment system which works and can actually accommodate the needs of your clients and customers—chances are … [Read more...]

March 31, 2016 By RedFynn

Loyalty Marketing Can loyalty marketing help scale your business to bigger, better heights? Can it make your business even more profitable? Honestly—can it really boost your business? The answer is: “Yes.” Why? According to studies, there are two ways to boost your business: One is by attracting potential customers (traditional marketing), and the other is maintaining your current crop of customers who are already supporting your business (loyalty marketing). Here’s another … [Read more...]

March 30, 2016 By RedFynn

Restaurant Loyalty Programs Do you really need a restaurant loyalty program for your small restaurant or cafe? You may already be busy as it is, right? What good will a rewards program be for your restaurant? The facts are the facts. Every restaurant has its “peak season” and its “off season,” right? It is the nature of most businesses, and restaurants are no exception. But... a rewards program could help keep those “peak season” patrons coming back more often, year … [Read more...]

March 29, 2016 By RedFynn

Virtual Terminal Success in business requires tools. Payment tools, especially, are very important. If you wish to accept and process credit, debit, gift card, ACH and call-in orders, a virtual terminal is something you will most certainly need to have set up. Virtual terminals are the “facilitators” of sorts of your debit and credit card transactions. They are the digital version of a credit card terminal or Point Of Sale (POS) machine. They safely send and receive information used to … [Read more...]

March 28, 2016 By RedFynn

POS Systems A POS System has many functions, but the primary function of a “Point Of Sale” system is accepting payments in exchange for goods or services... or, said more bluntly, the primary function of POS systems is taking money! Every business wants to make money. Without the ability to make money, there would be no reason to have a POS system. A POS helps guide both the buyer and the seller through the process of making and accepting payments. The basic function of a POS (accepting … [Read more...]

March 27, 2016 By RedFynn

Payment Processors If you think about it, payment processors are actually like the new “lifesavers” of the business world. Why? Well, because they help ensure your business (whether it may be a convenience store, hotel, gas station or any other business type) is able to stay afloat, most especially with how “complicatedly complicated” the business landscape has become today. Unlike before where business risks were basically limited to robbery and theft (physical risks), nowadays, such … [Read more...]

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