Lightspeed Retail is a popular cloud-based POS software that’s typically used by brick and mortar shops with extensive inventories or high SKU counts. Lightspeed offers one of the best POS systems for small businesses because the software includes unbeatable stock management and analytic insights at a price point that’s accessible to small businesses. What We…
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How to Use Retail Metrics and Data Analytics to Drive Sales
Retail data analytics is the measuring, tracking, and interpretation of data that typically includes sales, inventory, employee, and consumer demand information. As retailers shift to more online sales in the wake of COVID-19, retailing analysis can be an effective way to increase revenue. Below, we highlight how to analyze data in your store, the top…
6 Best iPad Restaurant POS Systems
A POS system built for iPads is not only functional but also portable and convenient. In addition to the iPad itself, you can usually get mobile apps for the iPhone or hardware from card swipers to receipt printers for a complete system. Restaurants can especially benefit from the functionality of iPad POS systems to accept…
Best Credit Card Processing for Nonprofits in 2021
No matter the size of your nonprofit organization, being able to take credit card donations can radically increase the amount of money you can raise. It also allows you to easily set up recurring donations or online giving. You can get a merchant account with a credit card processor, but some offer special deals for…
SKU Numbers for Small Business: The Ultimate Guide
A stock keeping unit (SKU) is an alphanumeric code that identifies a product and helps you track inventory for your retail business. You can create SKU numbers manually or using inventory management or point-of-sale (POS) software. SKU numbers print on your product label along with the product’s universal product code (UPC) and other product information….
Square POS Review: Is Square Right for Your Business?
Square POS is a popular app-based POS system that works on iOS and Android devices, plus Square’s proprietary hardware. Square POS is free to download and includes solutions for payment processing, inventory management, sales reports, and customer management, plus industry-specific solutions for retailers, restaurants, and appointment-based businesses. Square’s free software, user-friendly tools, and optional add-ons…
Toast POS Review: Is Toast Right for Your Restaurant?
Toast is a POS system that specializes in restaurants. With tools for digital ordering, in-house and integrated delivery, alongside a suite of peripheral tools like kitchen display systems (KDS), self-ordering kiosks, and handheld tablets, Toast supports an enormous variety of restaurants. Industry experts and users review Toast positively. Pricing starts at $69 per month for…
Merchant Services 101: Complete Guide to Credit Card Processing
Merchant services allow SMBs to accept credit card payments online and in-person while also maintaining a level of security to mitigate fraud and lost capital. Once a cash-based economy, the world has increasingly adopted credit and debit cards. Now, cash accounts for just over a quarter of purchases. While some of the move away from…
6 Best Food Truck POS Systems for 2021
Food trucks need a POS that can take food orders, ring up customers, and take payments on the go. The best food truck POS software is the one that’s affordable, can accept offline payments, and is easy to use. Our list includes those with prices that range from $0 to $99 per month, with most…
6 Best iPad POS Systems for 2021
A point-of-sale (POS) system not only accepts payments, but also manages the day-to-day operations of any retail, restaurant, or service business. Ideally, it needs to efficiently adapt to increasing sales activity and process more transactions every day. With iPad POS systems, users have a lightweight and cloud-based system that can synchronize multiple devices, and manage…
B2B Payment Processing: Level 2 & Level 3 Processing Explained
B2B payment processing is when the merchant is a business and so is the customer—so the seller is charging a fellow business for their products and/or services. While the actual process itself is the same, there are a few key differences between B2B and B2C payment processing such as preferred payment methods, rates, and even…
There’s No Such Thing as Free Credit Card Processing
Merchants pay on average 2–3% in processing fees for every credit card transaction. And as society moves further and further away from being cash-based, many merchants have become familiar with the necessary evil of processing fees, which is also why many seek ways to find free credit card processing. By implementing cash discounting or credit…