Sharing thoughts, facts, ideas, and best practices for business owners of all kinds.
Credit Card
Partnership
Point of Sale
POS
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…
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Best Payment Gateway
When it comes to determining the best payment gateway for your business, consistency and transparency are very important. As you are probably aware of by now, the pricing scheme for payment gateways can vary significantly from one service to the next. The best thing to look for is a…
Credit Card
Credit Card Merchant
What is a credit card merchant? It means a business is properly equipped to accept credit card payments. Thus, almost every business today is considered a credit card merchant. Nearly every person these days pays for their needs and wants using credit/debit cards, whether it be groceries, shopping for Christmas/Birthday…
Credit Card
Credit Card Services
Credit card services: every business needs them… every business that wants to accept money in exchange for goods or services, anyway. Credit card services are rendered to you as a business by a merchant service provider, a credit card company, or any other financial institution that gives your business the…
Customer Loyalty
Loyalty Cards
If you have been in business a while, and even if you haven’t, you may have come across loyalty cards or maybe have had customers inquire about your loyalty or rewards program. If you don’t have a loyalty card to offer them or a program they can join, you may…
Merchant Account
Merchant Service
Without the resources and solutions of a reliable merchant service, new businesses would be failing at an even more alarming rate than they already are. Considering 95% of most new businesses fail within the first 5 years (half of them not even making it more than 1 year) it is…
Cash Register
Touch Screen Cash Register
It seems everything nowadays is so much easier than when I was a kid, especially when it comes to computers. This great contraption called the touch screen cash register is no different. Computers used to be such a foreign object so few people knew how to use. You were…
SMS Marketing
Text Marketing
What is text marketing? It’s the act of a business communicating with its customer base through cell phone text messages to inform them of deals, specials, promotions, or other important information. How does this help grow your business? Exactly what this article is about. But to make it short: the…
SMS Marketing
Text Message Marketing
Text message marketing is when a business communicates with its customers through cell phone text messaging to let them know about promotions, specials, deals, or other any other relevant information. The customers who receive the text messages have opted in, or given the business permission to communicate with them this…
Gift Cards
Custom Gift Cards
I’m sure you’re a very busy business person and this may be an afterthought for you, but do you think custom gift cards could potentially help your business? Let’s back up for a moment and first talk about what they are. We all know what gift cards are. There are…
Inventory Control
Inventory Control Systems
The only way to have a proper handle on the volume of merchandise or products you sell (or go missing) in your place of business is through inventory control systems. Instead of “kickin’ it old school” and physically counting every single item in your store every day or week, an…
Credit Card
Credit Card Machines
Credit card machines accept credit card payment for your business. Pretty simple, right? If you don’t have a way to accept payment by credit or debit card in exchange for your goods or services, then… you’re missing out big time! Deciding on a credit card machine may not seem like…
Merchant Account
High Risk Merchant Accounts
High-risk merchant accounts allow “riskier” businesses to process credit cards. The “high risk” of these types of businesses (discussed below) are: the payments or funds may not go through, they have a higher history of fraud, they receive numerous chargebacks, they sell services which are not tangible and cannot be…
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.