Handling everything from customer checkout to employee punch-ins to inventory management and reporting, POS systems have streamlined operations for businesses of all sizes. So what would happen if your POS company goes out of business? Are you prepared for a quick migration? It’s a question many business owners don’t even think about, until it’s to...
For most business owners, reviewing merchant agreements and monthly billing statements isn’t the top priority. And even if it was, the statements are often confusing, with dozens of interchange categories, assessment fees, and more. A lot of business owners therefore just focus on a few key variables: their rate and the total cost. But that can mis...
The answer really depends on your specific needs and preferences. While they can make it easier to manage memberships and follow up on declined transactions, it comes at a cost. Some business owners prefer to do those steps manually and save the monthly cost, while others find recurring billing platforms invaluable. In this review, we’ll look at on...
You want to make sure your site is engaging, well-written, and optimized for your buyer’s journey - and your payments experience is a big part of that. The last thing you want is for your customer to get all the way to the checkout and leave the page because of a poor experience. When it comes to ecommerce payments, you have several options. One of...
One of the most well-known Buy Now, Pay Later (BNPL) platforms is Afterpay, a service that allows your customers to pay for their purchases in installments. If you’re considering adding BNPL to your checkout options, this review will go over what you need to know about Afterpay, from how it works to costs and business opinions. What is Buy Now, Pa...
Buy Now, Pay Later (BNPL) saw increased adoption in the ecommerce world when companies like Afterpay and Klarna came on the scene. These companies (and others) were convenient ways for businesses to offer Buy Now, Pay Later options with less work and risk for themselves. But is it worth using at your business? In this article, I’ll go over what ...
If you sell through your own website, you can choose and set up the services you need yourself, or you can work with a company that offers a complete solution for online payment processing. Ecommerce Website or Marketplace 'Store' First and foremost, you need somewhere to sell from. You can sell goods and services through your own business ...
Recurring or subscription billing gives you the confidence of a semi-guaranteed income. It makes managing your finances a little easier, lets you plan for the future, and gives you a cushion against financial shocks. When you understand how many new customers you’re taking on, and how many you’re losing (the “churn” rate), you can also use it to...