A recurring payment also referred to as a subscription, recurring billing, or automatic payment, is an electronically processed payment that repeats according to a preset schedule. Businesses often set up recurring payments to collect fees for memberships, subscriptions, lessons, and services. Recurring payments require customers to sign a one-time authorization form. How Do Recurring Payments…
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4 Best Gas Station POS Systems
Gas station owners have unique needs for their POS systems. Gas station POS systems should be able to handle fuel pumps, retail and food items in-store, kitchen- or fresh-made items, and even car washes. Plus, a gas station POS needs to have basic point-of-sale functions, including reliable payment processing and reporting tools. Based on those…
4 Best Open Source POS Software for Small Businesses
Open source point-of-sale software is adaptable and generally works with any PC or iOS system or POS hardware, and is usually cheaper than commercially developed systems, making it a good choice for small business retailers and restaurants on a budget. However, open source software can also be more difficult to set up and maintain than…
Credit Card Processing & Average Transaction Fees Explained
Credit cards are the most popular payment method for point-of-sale transactions (39%) and for online shopping (44%). After credit cards, debit cards are the second most popular payment method for in-store (34%) and online (32%) purchases. So, accepting card payments is a must for every business. However, it comes at a cost. Credit Card Processing…
4 Best Vape Shop POS Systems for 2021
Vape shop point-of-sale (POS) systems help small business owners efficiently handle sales, inventory, and customer relationship management from a single platform. Vape shops are often considered high-risk businesses, so they also need a POS that works with high-risk payment processors and offers sales restriction functionality. Based on our evaluations, the best vape POS systems are:…
4 Best Multichannel POS Systems for 2021
A multichannel POS system enables businesses to sell in-store, online, and on the go—all from a centralized program. Each of the multichannel POS software mentioned in this guide offers unified inventory, customer, and order management tools. The best systems are those that connect to several online sales channels and other business management software for under…
How to Accept Credit Card Payments Online for Free
Businesses can accept credit card payments online without any monthly or startup fees using services like Square and PayPal, but there is no escaping transaction fees. That’s because card-issuing banks and credit card associations charge a fee whenever a credit or debit card is used as payment. In short: You can’t accept credit cards online…
How to Accept Credit Card Payments Online in 2021
If you own a small business, setting up your website or online store to accept credit cards online is a crucial step in growing your sales and customer bases. In the second quarter of 2020, ecommerce sales made up 16.1% of all retail sales, and that number is only expected to increase. The first step…
4 Easy Ways to Accept Credit Card Payments
The ability to accept credit card payments is crucial for any business, whether you have a brick and mortar storefront or sell goods at the local farmers market. Some 46% of Americans don’t worry about carrying cash and assume they can pay for goods using non-cash methods. If you’re selling online, accepting card payments is…
Best Kitchen Display Systems (KDS) for Restaurants
Kitchen Display Systems (KDS) are digital order viewing screens that can replace printers and paper tickets in a restaurant kitchen. These systems route orders from the point-of-sale system (POS) to the correct kitchen stations. A good kitchen display system streamlines kitchen communication, reduces human error, and monitors cook times for each dish. The best systems…
Best Bar POS Systems + Software for Nightclubs and Breweries
A bar point-of-sale (POS) system is a software and hardware tool that takes customer orders, processes payments, tracks sales, and analyzes your bar’s performance metrics. Bars specifically need POS systems that pre-authorize credit cards, manage bar tabs, and track cash transactions. The best POS systems for bars are also user-friendly and update your inventory as…
6 Best Payment Gateways for Small Businesses
Credit cards and non-cash payments make it easier to accommodate customer needs and sell on more channels. Small businesses need to use technology to be able to process credit card transactions, and that’s where your payment gateway comes into play. What Is a Payment Gateway? A payment gateway is a third-party service that allows merchants…