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The holiday season brings an increase in customer traffic and purchases. More than 164 million consumers planned to shop on Thanksgiving weekend alone, according to the National Retail Federation, while a Deloitte survey found 51% of that spending will be done online.
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Bitcoin is booming, and other companies want to capitalize on the cryptocurrency’s appeal. One such company is Square Cash, which recently began allowing certain customers to buy and sell the alternative currency.
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You know the saying: there’s no such thing as a free lunch. Yet some companies promote “free” POS software or systems, so what’s the catch?
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When it comes to selling products online, ecommerce entrepreneurs have never had more choices — from specialized ecommerce services like Shopify or Volusion through to bespoke ecommerce websites, there are plenty of options for online retailers.
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While application programming (APIs) have long been basic components of communication between different apps, there is not yet standardization for them.
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You may have heard that a case involving American Express went to the Supreme Court. The case, Ohio v. American Express, determined whether businesses are allowed to suggest customers use lower cost credit cards when paying for purchases.
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With bill splitting apps like Venmo rising in popularity, especially among younger demographics, many businesses are wondering about accepting those payment methods directly. While Venmo does allow for business use, there are limitations – as well as some concerns – to be aware of.
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In credit card processing, certain businesses are considered “high risk” and will need a processor that specifically supports those business types. But there’s some confusion about what exactly “high risk” means.
