What is a Modern POS System

Modern POS System

Retailers have operated some type of POS system since the first retail stores were opened for business. In simplest terms, a POS (point of sale) system is the system put in place that handles all types of transactions in a store. These transactions occur at the point of sale, which for most stores is the cash register. In today’s modern … Read More

How Are Credit Card Interchange Fees Calculated?

credit card interchange fees

There are plenty of different credit cards out there for consumers to choose from. Each type of credit card will likely feature different rewards and fees compared to the next one. In fact, as far as your card-carrying customers are concerned, there are probably no two credit cards alike. Although this is true for consumers, merchants and business owners know … Read More

Differences Between NFC vs BLE Technology

NFC and BLE Beacons

The technology that helps businesses and consumers complete transactions more quickly and securely has reached an all-time high in terms of efficiency. Now, businesses can provide equipment at the point of sale that helps customers complete a transaction in a matter of seconds, thanks to innovations like Near Field Communication (NFC) and Bluetooth Low Energy (BLE) Beacons. These technologies have … Read More

EMV Credit Cards Prevent Some Fraud

evm-credit-cards-prevent-some-fraud

EMV Credit Cards Prevent Brick and Mortar Fraud In October 2015, a seismic shift took place in the retail space. Retailers became liable for any fraudulent charges made unless they had switched to EMV technology. Previously, credit card companies bore the liability for these charges. The liability shift that took place in October 2015 was an attempt by credit card … Read More

Best Practices for Online Businesses

best-practices-for-online-business

Best Fiscal Practices for Online Businesses You have a fantastic idea for an online business. It will make you a millionaire – no, a billionaire! Dreams are all well and good, but in order to run a successful venture online, you can’t just sit around waiting for prosperity to find you. There are certain steps you should take as well … Read More

Credit Cards and Customer Service

Why Customer Service Matters So Much in Online Businesses Merchant services plays a role in customer service. When you’re starting a new business, one of the most important things you need to remember is that customer service is a priority. Even if you’re starting an online business, which is generally a venture in which you might never meet your clients, … Read More

Cash Flow and Credit Cards

Cash Flow: What You Need to Know Starting a business is, in many ways, similar to raising a child. You can read books and other informational resources to prepare, but there will definitely be things that happen along the way that will come as a surprise. One of those surprises shouldn’t be having to learn about cash flow as you … Read More

Stop Credit Card Fraud

How to Stop Credit Card Fraud in Its Tracks Credit cards are an easy and convenient form of payment. However, this form of payment is also popular with fraudsters, because credit cards can be easy to steal. In 2014, 45% of credit card fraud took place online. As more and more people shop online, this type of credit card fraud … Read More

Succeed in Picking the Right Business Niche

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Accepting Credit Cards in Your Business Niche In the world of business, the word “niche” refers to a distinct segment of a market. Why is it important to find a business niche? Even though you’re focusing on a smaller section of what might be a wide market, you’ll discover you’ll find more customers by narrowing your focus. Read on to … Read More

How to Start Selling Your Product Immediately

Accept Credit Cards Quickly and Easily Do you want to start selling your products online? We enable Internet merchants to accept credit cards quickly and easily. You have an amazing product, and you want to start selling it right now. Luckily for you, the Information Age enables merchants to do exactly that. There is no shortage of venues from which … Read More