What is a Cash Discount Program? A cash discount program shifts the burden of paying credit card processing fees to the customer instead of the seller. If a customer chooses to pay with cash, they receive a small discount since there are no processing fees required. It is

Best Firearm-Friendly POS Systems 2024 Choosing the right POS system for your firearm business is not easy. With multiple POS options offering different functionalities, there is so much to consider. What type of POS hardware do you need? Which systems fit within your desired budget? Is a mobile

What is a POS Terminal? A point-of-sale (POS) terminal is the hardware required for a business to process payments. Whether you use a mobile card reader or an in-store register, a POS terminal allows you to collect and process payments. With different types of terminals available, collecting and

What is a POS System and How Does It Work? You are probably in the process of researching and comparing different point-of-sale system options. The speed, functionality, and capabilities are what differentiate top POS systems. Read on to learn what exactly a POS system can do and how

Why Your Business Can’t Process Payments on PayPal: Understanding Limitations and Solutions In today’s digital age, online payment processing is essential for businesses to thrive. Among the many options available, PayPal stands out as a popular choice for its widespread acceptance and ease of use. However, despite its

The Future of Payment Processing: Innovations and Trends Shaping the Industry In the ever-evolving landscape of commerce, payment processing plays a pivotal role in facilitating seamless transactions and driving business growth. As business owners navigate the intricacies of payment solutions, it’s essential to stay informed about the latest

Discovering Payment Gateways That Benefit Business Best In the dynamic realm of online transactions, selecting the ideal payment gateway holds paramount importance for businesses striving to ensure smooth and secure payment processing. Among the array of options available, three notable contenders—Authorize.Net, NMI, and Converge—stand out for their distinct

Why Do Payment Processing Fees Emerge from Cost of Goods Sold? In the intricate tapestry of business operations, every expense is carefully scrutinized for its impact on the bottom line. Among these expenses, payment processing fees often emerge as a point of discussion, particularly regarding their classification within

3 Signs It’s Time to Switch Payment Processors Switching payment processors can be a daunting task, but it’s sometimes necessary to ensure that your business is getting the best possible service and support. Here are three signs that it’s time to switch payment processors: High fees: If you’re

High Risk Processing When looking for a high-risk payment processor, it’s important to consider the following factors:   Compliance: Make sure the payment processor is compliant with industry regulations and standards, such as PCI DSS. This will help protect your business and your customers’ information. Processing Rates and