For all types of businesses, there are specific costs linked with the process of accepting credit cards. A majority of these costs is derived out of interchange fees -heading directly to the banks offering credit cards to the end consumers. You can understand the calculation of these charges with the help of basis points in…
DetailsAre you thinking of utilizing Shopify for your e-commerce store? You might wonder, “Which Shopify plan is the best for my business?” Shopify is available with a wide range of plans to suit different business needs. Every plan is available with a diverse set of features. Therefore, it becomes overwhelming to analyze which plan is…
DetailsHave you ever purchased a product with the credit card or received your paycheck via direct deposit? Then, you have primarily engaged in the ever-evolving sector of the electronic payment industry. It is estimated that millions of people across the world engage in digital or electronic forms of transactions. Consumers nowadays seldom write dedicated checks…
DetailsClover is one of the leading POS (Point of Sale) systems for small-scale businesses due to its immense affordability and versatility. The pricing of Clover will vary depending on the industry, services, and products chosen. Different options of the service provider are available for effectively accommodating specific needs. Let us help you get an overview…
DetailsSelecting the right payment processing solution can be a difficult process. One of the most common misconceptions is getting an understanding of the differences between a payment gateway and the virtual POS (Point of Sale) system. The terminology linked with debit card and credit card payments can be difficult to understand -especially if you are…
DetailsIn the modern era, everything is about the overall convenience. This is why an increasing number of consumers are leveraging the ease of online shopping, advanced subscription services, and the utilization of debit and credit cards. As a business owner, you might miss out on a number of customers by serving as the ‘cash-only’ business.…
DetailsCredit card machines and virtual terminals are capable of accepting payments, printing receipts, and making transactions easier for small businesses. Based on the type of your business, the best credit card terminals or machines might function offline while scanning barcodes or having a customer-facing screen. It is estimated that consumers tend to spend credit cards…
DetailsMobile-based POS or Point of Sale systems have revolutionized the way in which customers tend to pay for everything -right from meals to high-end technology gadgets. When appropriately executed, mobile POS systems are successful in streamlining the overall customer experience while making life simpler for everyone involved in the sales process. With the help of…
DetailsMerchants are increasingly confused about the concept of credit card surcharging and its implications on the respective business. Eventually, it is pretty natural for companies to think that passing on the credit card fee to customers might lead to decreased sales. Still, businesses are expected to manage the respective costs at the same time. To…
DetailsSaaS means Software-as-a-Service. It is a popular process used for ensuring process delivery along with licensing within which the software gets accessed online through a subscription model rather than being purchased & installed on dedicated computers. The business model is useful in delivering a wide range of benefits for both users as well as developers.…
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