What the Economy Might Look Like in 2020

The modern economy is shifting fast, and while it may be hard to believe there are already some places where cash is a thing of the past. Here, we look forward not just to next year but to our next big milestone. 2020, when the payment landscape will have changed a great deal. More Ways to Pay It’s already...

How Digital Wallets Modernize Payments

Digital wallets are fast-becoming the ideal choice for moving money around the world. They can be used at checkout stands, and more businesses are beginning to adopt the technology necessary to process transactions with mobile devices. Digital wallets promise a more secure method to move money online and in...

Tips to Reduce Your Operating Expenses

Any growing business will need to hire more personnel to scale. The customer should be top priority, and you can’t provide a level of quality service without the personnel to back it up. You might be able to cut hours, but cutting people won’t help you grow. Here are other methods you can take to try and...

The Mobile POS: A Guide for Beginners

When you apply for an internet merchant account, some sites will give you the option of using a mobile processor for in-store payments. This fairly new technology is now sweeping across the retail world, bringing on-demand help to anyone in the store wherever they may be. In this brief guide, you’ll learn...

Updating Credit Card Software & Hardware, What Business Owners Need To Know

Merchant credit card processing has changed a bit in the past five years, especially with the rise of mobile payments. That’s why storeowners should put a greater emphasis on upgrading hardware, software and infrastructure. Better upgrades mean you can work with customers on their own terms, providing...

How Interchange Fees Work

By Samuel Phineas Upham When customers want to swipe a debit or credit card to complete a purchase, the banks need to exchange funds in order to pay for that transaction. This sum is typically lumped in with the item price the customer pays, but the money is definitely there. The exchange is known as an...