Tablet POS Systems for Higher Checks and Faster Turnover
Using tablets as a POS system replacement is becoming more and more popular with restaurants and bars.
Using tablets as a POS system replacement is becoming more and more popular with restaurants and bars.
It’s here: Taking PayPal in stores.
Okay, technically it’s been here for a while, but the number of stores that can accept PayPal is about to shoot up dramatically with the official beginning of First Data’s (now Fiserv’s) in-store PayPal acceptance.
You have probably been told that business credit cards are expensive to process. What you haven’t been told is that there are steps you can take to get lower pricing.
In keeping with the steady flow of fee increases from the card brands, MasterCard has (very) quietly announced it will begin charging businesses an annual “merchant location fee.”
It’s been several years since the deadline to upgrade POS, cash registers, and credit card machines to accept chip credit cards, but there are still a lot of misconceptions about what exactly this upgrade means and even why chip cards are beneficial.
If you’ve taken credit cards in your store, you probably know that PCI compliance is required. The Payment Card Industry (PCI) set forth a Data Security Standard (DSS) it requires adherence to from any business that processes, stores, or transmits payment card data. But did you know that PCI compliance applies when you take credit cards using your smartphone with a card reader, like Square or PayPal Here?
Square entered into the world of marketplace lending a little over two years ago through its Square Capital (Square Cap) program, offering funding to businesses that process credit card through Square. Square’s success with lending has led to a broadening of the program to include the first of several partner companies whose customers may now qualify for similar financial assistance.
January 31, 2017 marked changes to security requirements for small businesses. Specifically, that’s when businesses started being required to validate PCI compliance and ensure that they’re only using qualified companies (QIRs) to install and provide tech support for POS systems.