Merchant services are a service that allows merchants to accept electronic payments. The process involves gathering transaction data, providing authorization and collecting funds from the issuing bank and sending payment to the merchant. Although it is automatically associated with credit and debit cards, there are other payment methods processed by merchant services. 1. Gift Cards…
Get the Most Out of Your POS System
POS systems are designed to save your business time and money, but restaurants and retail stores that are simply purchasing one without taking any further measures have failed to realize their system’s full potential. Improving productivity and increasing return-on-investment is an ongoing process, not something that can be accomplished all at once. With…
10 Reasons Your Business Needs To Accept Credit Cards
Virtually every business these days must accept credit cards for payment, and your business should be no exception. While many small businesses choose not to do this due to the transaction costs associated, the benefits far outweigh the drawbacks. Here are 10 reasons why you should make the switch as soon as possible. 1. Improved…