PCI stands for “payment card industry” or you may see it as PCI-DSS which stands for “payment card industry data security standards”, it sets the credit card payment standards that we, business owners, need to comply with. So if your business accepts credit card …
A point-of-sale system is a software and hardware program that enables restaurants to keep up with competition by providing the best service despite a fast-paced environment. With the right amount of input, a POS system can be very handy for restaurants in minimiz…
When it comes to merchant service companies, there is a huge variety to choose from. As a result, finding the right one to do business with can be very challenging. Before getting started, make sure you fully understand how the service works. Finding a high-qualit…
Sometimes in the payments industry it can feel like you’re one in a million other ISOs or agents just looking to make a buck. It can be very difficult to differentiate yourself and stand out from the crowd; why should a merchant choose you to handle their business…
Spring is finally here, which means summer is just around the corner too. As the weather starts getting nicer, people start coming out more, and your restaurant needs to be prepared for one of your busiest times of the year. This is especially true if you have a p…
Your inventory management system is a vital part of your business. If you don’t have a quality system to help keep track of your stock, it could put you out of business. You either buy too many food items that may not sell, requiring you to throw it away because i…
Payment processing is a term used in describing processes and services that automate payment transactions used typically between merchants and customers. This is commonly a third-party service that verifies payments, and declines or accepts credit card transaction…
Accepting credit cards is as easy as accepting cash. As we all know, especially as a new business owner, there isn’t a whole lot of accessible money flying around when you first start a business. As a result, you have to use the most cost-effective methods to make…
In the past, a majority of payments were made by cash or check. However, digitalization is the new way of overcoming the cumbersomeness of cash and offering a more seamless experience. We are now widely a cashless society as the volume of credit card transactions …
Once you complete a sale and sign an agreement with a merchant, it’s often easy to just move onto the next one and focus on finding more of them to sign. Merchants you’ve signed tend to stay happy and complacent as long as their hardware and software are functioni…
As you embark on the journey of launching a merchant processing business, you might find yourself navigating a tapestry of industry terms, regulations, and strategic necessities. It's both an exciting venture and an intricate one—like set…
Imagine the elegance of setting up a system where, once it's established, it continues to provide value—and income—time and time again. Instead of constantly hustling for the next paycheck or worrying about the breakneck pace typical of a…
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