“Business Tips” Posts

Things to Know Before You Buy Credit Card Readers

Things to Know Before You Buy Credit Card Readers

If there’s one thing to take away from this post, it’s that all card reader are not made equally. Despite looking similar, they vary greatly in features, business benefits and cost. Before investing in credit card readers, you should have a thorough understanding of them. Most importantly, you should be aware of the red flags to look for when shopping to ensure you’re purchasing credit card readers that will be a long-term investment for your business. Here are six things to absolutely avoid when shopping for credit card readers: No EMV certification: With the liability shift nearly…

6 Benefits to Look for in a Payment API Partner

6 Benefits to Look for in a Payment API Partner

You integrate a payment API to enhance the functionality of your software system. In turn, your business and customers enjoy residual benefits. For your business, you save time and money you would have spent building a payment function from scratch and going through the process of PCI certification. For your customers, it eliminates the need to search for payment services and provides a streamlined workflow for collecting payments and utilizing your software. Though nearly all payment APIs provide these benefits, not all are made equally. Because integrating with a payment API is a developmental undertaking, though still much simpler than…

How to Choose the Best Merchant Service Provider

How to Choose the Best Merchant Service Provider

Are you just starting your business? Do you want to expand to have an online presence? Does your business have multiple locations? No matter your current business size or the future you see for it, there’s a Merchant Service Provider that will fit your business. The challenge is how to choose the best one. In this post, we will discuss the ideal pricing plans and features you should get out of your Merchant Service Provider based on your business size. Small Businesses Whether you’re just starting out or you run a mom-and-pop shop, it’s likely you aren’…

Increase Your Profits Using These 6 Inventory Management Tips

Increase Your Profits Using These 6 Inventory Management Tips

Thinking of ways to save money and increase your business profits can be draining. When it comes to a more complex business with an e-commerce site, multiple store locations and the inventory to stock them all, cutting corners is easier said than done. We’ve compiled six inventory management tips that will cut costs and up your revenue, no matter your business size. Eliminate Providers and Integrate What You Need Whether you manage a small shop or a large corporation with various warehouses, it’s likely that you have multiple providers to fulfill your business’s many needs. Of course,…

Why You Should Avoid Annual Billing

Why You Should Avoid Annual Billing

If your business deals with recurring payments for prescriptions, memberships and subscriptions, you may be tempted to practice annual billing. This is when you charge your customer up front for a year’s worth of services or goods. It’s easy to be persuaded by the apparent benefits. For one, by charging your customer up front, you get paid faster. For another, the process of collecting payment once can be more efficient, especially if you have no automated way to collect on recurring payments. The monthly process of printing, mailing and waiting on invoices to be paid — and then chasing…