Although the writing of checks isn’t quite as common as it once was, it still happens today. Most customers simply swipe their debit or credit card and are in and out of the location in a matter of no time. Heck, many consumers even tap their smartphones to a point-of-sale terminal to pay for their […]
If you don’t know what a point of sale terminal is, you shouldn’t worry as you are likely not the only one. We are going to explain it here so that all readers can get on the same page. The devices are what consumers see at checkouts when they are attempting to purchase goods or […]
In 1974, the Fair Credit and Billing Act was created in the U.S. Its purpose was to protect consumers from unauthorized credit card charges by giving them the ability to dispute charges and initiate a chargeback.
Cash registers are a piece of technology that’s well over a century old. Back when the only payment options were cash or checks, the register let a cashier type in the cost of each item, add tax, total everything up, tell the cashier how much change to hand out, and then put away the customer’s […]
Not every small business needs a storefront. For some jobs you have to go where the clients are, because that’s where their car broke down, that’s where their pipes are leaking, or that’s where the event their hosting will take place. Many business owners in these industries don’t even have an office, especially since electronic […]
In 2017, the mobile wallet market was worth $880.21 billion. Over the next eight years, experts at the ResearchandMarkets.com website project that the worldwide market value will go up to $9.35 trillion. Again, that’s “trillion” with a T, so according to this projection, the market will grow by more than 10 times in less than […]
Firstly, what is merchant processing? It is the act of transactions taking place between a client and a merchant. When many people think of this task, images of traditional brick and mortar establishments pop into their head. Customers pay via cash, check, or card at a register to obtain goods. However, there are loads of […]
Going out to eat is one of life’s simple luxuries that numerous people enjoy. After all, they are able to munch on delicious food and don’t have to worry about cleaning up afterward. Consumers partake in the activity with friends and family members regularly. They also use the dining experience for dating and getting to […]
Small and large businesses alike can run into money problems from time to time. On some occasions, they are a little short and can’t complete an order. In other instances, the organization may want to start a new project but just doesn’t have the funds to get it going. Sometimes, the company needs additional capital […]
Is there any question that mobile payment options have changed the game in buying and selling? In buying, it’s the ease and convenience of getting what you want no matter where you are. In selling, it’s the ease and convenience of giving a buyer what they want no matter where either of you are.