Sharing thoughts, facts, ideas, and best practices for business owners of all kinds.
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POS
4 Ways to Convince Merchants to Upgrade POS Hardware Regularly
Once you complete a sale and sign an agreement with a merchant, it’s often easy to just move onto the next one and focus on finding more of them to sign. Merchants you’ve signed tend to stay happy and complacent as long as their hardware and software are functioning properly…
Master your Restaurant Inventory with an iPad POS System
Your inventory management system is a vital part of your business. If you don’t have a quality system to help keep track of your stock, it could put you out of business. You either buy too many food items that may not sell, requiring you to throw it away because…
Patio Season: Prep for Your Busiest Days of the Year
Spring is finally here, which means summer is just around the corner too. As the weather starts getting nicer, people start coming out more, and your restaurant needs to be prepared for one of your busiest times of the year. This is especially true if you have a patio. Here…
How to Choose A Point-Of-Sale System For Your Restaurant
A point-of-sale system is a software and hardware program that enables restaurants to keep up with competition by providing the best service despite a fast-paced environment. With the right amount of input, a POS system can be very handy for restaurants in minimizing waste, streamlining operations, maximizing payments accepted,…
In the past, a majority of payments were made by cash or check. However, digitalization is the new way of overcoming the cumbersomeness of cash and offering a more seamless experience. We are now widely a cashless society as the volume of credit card transactions has significantly increased. According to…
PCI stands for “payment card industry” or you may see it as PCI-DSS which stands for “payment card industry data security standards”, it sets the credit card payment standards that we, business owners, need to comply with. So if your business accepts credit card or debit card transactions that stores,…
How payment processing should integrate with your business tools
Payment processing is a term used in describing processes and services that automate payment transactions used typically between merchants and customers. This is commonly a third-party service that verifies payments, and declines or accepts credit card transactions on behalf of the merchant using secure and reliable internet connections. Payment Processing…
How a new POS system can give your customers more confidence in purchases
Instilling confidence in your customers when they visit your business, as well as providing them with what they want, is imperative. It’s especially necessary for today’s market where consumers do most of their shopping and ordering online. As a restaurant or retail owner, it is essential you be…
Credit card processing: which type of machine is best for your business?
Accepting credit cards is as easy as accepting cash. As we all know, especially as a new business owner, there isn’t a whole lot of accessible money flying around when you first start a business. As a result, you have to use the most cost-effective methods to make sure you…
Every business can experience fluctuation in their business during the offseason; the cost of goods going up and down, the economy being strong or weak. A lot can be impacted, including your business. There’s nothing more daunting than looking out into your restaurant and realizing your clientele has decreased significantly…
Payment processing trends are ever changing. To stay competitive in the 21st century keeping up with future trends is imperative. Ever since the EMV liability shift, merchants have been switching over to a smart payment terminal and throwing out the standard merchant payment processing machines. A smart terminal not only…
Buyer habits change daily it seems, so as a business owner hoping for stability now and future growth, you need to have all the facts! One thing is undeniable…social media and the web are going to be a part of life from now on. There’s no stopping this beast, so…
Your business has one thing in common with every other business out there…communication is key! Every element of your business should coincide with one another in a way which makes day-to-day tasks simpler and faster. Of course, this is a lot easier said than done, though. You need direct communication…
The world of payments is rapidly changing in front of our eyes. Massive consolidation is happening at a record pace, and this will inevitably impact your business as a merchant services agent.