The vacation industry has long known that allowing consumers to pay for big-ticket items with a credit card is likely to increase sales – on everything from airfare to hotels, tour guide services and more. So what happens if your business has to set deadlines for refund requests? This is the situation for many cruise…
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Accepting major credit cards provides your customers with more convenient options to pay for purchases. What it also does is create a potential issue with the unauthorized used of credit cards by unscrupulous individuals. Along with triggering financial issues for the actual cardholders, it also can wreak havoc with your revenue stream. Here are some…
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A recent survey conducted by the NRF (National Retail Federation) in May and June reveals that: “48 percent of retailers have already implemented the new EMV payment system, or expected to have done so by the end of June. A total of 86 percent expect to have EMV up and running by the end of the year.…
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Payments is a very complex industry in the financial services world. The traditional payment processing workflow has unfolded itself through new technologies to reveal a variety of opportunities on the digital horizon. Here are some recent emerging trends in the payments industry. Turbulence and Acceleration Often change is turbulent, and the change in the payments…
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The head honcho of accounting and bookkeeping software, QuickBooks, created the ultimate accounting checklist. To keep a handy reference of this checklist, save their infographic below.
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Keeping things running smoothly at your business is a must, because even the smallest slowdown could put you off track for the rest of the day. With that in mind, many businesses have begun using integrated POS systems to streamline their operations. Some industries where such technology is used includes: Restaurants Retail stores Paid parking…
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In the market for a point-of-sale solution? POS systems have come a long way in recent years. Check out some of the best features that today’s POS providers have to offer. Next Day Funding Steady cash flow helps retail businesses stay competitive. Receive your cut within a day after the customer pays. Automated Recurring Payments…
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Whether it’s in-person or online, what is your preferred method of payment? Whatever our reason may be, we all have a go-to payment option. That’s why financial experts at NextAdvisor decided to dive a little deeper by begging the questions of: Why do we always reach for that one option? Is it the safest way to pay, or…
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In today’s digital economy, most consumers have made the switch to using credit cards to pay for everything from their morning cup of coffee to big-ticket items like vacations, home improvement projects and more. For businesses that have not made the switch with them, you could very well be leaving money on the table by…
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Summer is officially upon us, which means school is out! And for some, it’s permanent. Young people everywhere are celebrating this next big step toward their journey to adulthood. For some, this could mean landing a first real “big person” job or even moving out…solo! Whatever the case may be, having a sense of freedom can be pretty awesome. However, freedom…
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