Aren’t entirely sure what industry you should dabble into and start a new business? Today’s most profitable industries may come as no surprise, however, here are some nifty facts and stats revealed by CBS Small Business Pulse.
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If you are looking to get a credit card, you probably have heard of both secured and unsecured credit cards. A secured card requires you to pay an amount up front that will become your credit line. You are essentially using your own money to get credit. An unsecured card uses an account of credit…
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Check out this awesome animated infographic created by LendingTree, which illustrates how EMV chip cards work. Enjoy and Happy Processing!
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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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