All Brick and Mortar Articles - Page 7

How to Offer Customer Financing: In-house Financing Without Breaking the Bank

By Meaghan Brophy on April 1, 2019 | Brick and Mortar, How To, Retail | Comments (117)

Offering customer financing at the point of purchase can boost sales, increase conversions, improve customer loyalty, and drive repeat business. When a small business offers customer financing, its average order size can increase by up to 120%. Plus, nearly two-thirds of customers make a future purchase of $500 or more in stores that offer financing….

6 Best Salon POS Systems 2019

By Amy Nichol Smith on March 28, 2019 | Brick and Mortar, Buyer's Guide, Retail | Comments (0)

Salon point-of-sale (POS) systems process payments, track customer information, inventory, and sales. They also include salon-specific features that help you manage your salon, spa, or other wellness business. We evaluated dozens of salon POS systems based on cost, ease of use, and features, and narrowed it down to the top six, including the best overall….

6 Best Credit Card Payment Apps 2019

By Amy Nichol Smith on March 28, 2019 | Brick and Mortar, Buyer's Guide, Retail | Comments (0)

A credit card payment app allows businesses to process card payments using a mobile device. Stick to the free or low-cost card reader, and you’ll have lower upfront costs. Most all-in-one credit card payment apps have no monthly fee but charge a flat-rate fee per transaction. The best include point-of-sale (POS) tools in the same…

PayAnywhere vs Square: Price, Features & What’s Best in 2019

By Amy Nichol Smith on March 28, 2019 | Brick and Mortar, Retail, Versus | Comments (0)

When comparing PayAnywhere vs Square, it’s challenging to see which one is best because both offer a free card reader and app with business management tools. Even credit card processing fees are similar: PayAnywhere charges 2.69% per transaction; Square charges 2.6% + 10 cents per transaction. Choosing one with the features you need will be…

PCI Compliance: Definition, Cost & Providers

By Amy Nichol Smith on March 22, 2019 | Brick and Mortar, How To, Retail | Comments (0)

The Payment Card Industry Data Security Standard (PCI DSS) is a group of guidelines for businesses that accept credit cards. The council that creates the standards is independent of, but commissioned by, the major credit cards companies like Visa. It’s meant to govern PCI compliance to keep consumer info safe from data breaches. Merchant services…

Top 6 Cafe POS Systems for Small Business 2019

By Meaghan Brophy on March 20, 2019 | Brick and Mortar, Buyer's Guide, Retail | Comments (4)

Cafe point-of-sale (POS) systems help small coffee shops and eateries efficiently manage counter, seated, take-out, and delivery orders, and organize general business needs. We evaluated a variety of cafe POS systems and compared them based on price, customer service tools, order-taking, and ticket-tracking features to determine the top six, including the best overall. Best Cafe…

6 Best iPad POS Systems 2019

By Meaghan Brophy on March 12, 2019 | Brick and Mortar, Buyer's Guide, Retail | Comments (0)

A point of sale (POS) is the central hub where retailers process transactions. Many retailers opt for point of sale software programs that run on iPads because they are portable and operate on an easy-to-use touchscreen. Basic iPad POS systems are free to use, but advanced iPad POS programs can cost around $100/month. Top 6…

6 Best Virtual Terminals for Small Business 2019

By Amy Nichol Smith on March 12, 2019 | Brick and Mortar, Buyer's Guide, Retail | Comments (2)

A virtual terminal lets store owners manually key in credit card numbers when they receive phone or invoice orders. Secure virtual terminals are available from almost any payment processor, and they require no special equipment. Transaction fees are higher than in-person transactions, though: It’s usually 2.9% plus 15 to 30 cents per transaction. Top 6…

6 Best Credit Card Processing Companies 2019

By Amy Nichol Smith on March 4, 2019 | Brick and Mortar, Buyer's Guide, Retail | Comments (0)

Credit card processing companies provide you the tools you need to accept credit card payments, whether in a brick-and-mortar store, online, or using a mobile device. There are many options that are suitable for startups needing an easy solution, ecommerce operations, and established businesses that need a traditional merchant account — or all the above….

Top 9 Effective Retail Loss Prevention Tips From the Pros

By Anna Dizon on March 1, 2019 | Brick and Mortar, Retail, Tip List | Comments (2)

Retail loss prevention is a set of best practices created to reduce the risk of merchandise theft and minimize fraudulent returns. With retail loss accounting for 1.47% of lost revenue, store owners should consider prevention a top priority. We gathered expert retail loss prevention tips to help you keep your inventory and bottom line safe….

6 Best Credit Card Processing Companies for Small Business 2019

By Meaghan Brophy on February 25, 2019 | Brick and Mortar, Buyer's Guide, Retail | Comments (0)

Credit card processing companies complete transactions behind the scenes of a business’ point-of-sale (POS) system or website. There are two types of small business credit card processing companies: all-in-one processors with POS functions, and processors that connect POS to the interchange. We compared dozens of processing solutions by price, security, and features to determine the…