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Payment Processing

Top CBD Merchant Payment Processing Solutions

Top CBD Merchant Payment Processing Solutions

Business Solutions, Payment Processing, Trends, What's Hot
It is essential that as a CBD merchant, you find a payment processor that has a responsive support system and is designed to operate risky transactions with low transaction fees. As you’ll see below, we’ve studied some of the top ranked payment processors in the CBD industry. Easy Pay Direct Easy Pay Direct was developed in 2000 and stands out as one of the best payment processors. It has been designed to cater to both risky business and those with minimal risks. Clients who use Easy Pay Direct are encouraged to have bank accounts or credit card accounts, as Easy Pay facilitates simple transactions using an online shopping feature. As an added bonus, payments at Easy Pay Direct can be made straight to mobile phones and their customer care team responds to queries around ...
Avoiding Mistakes When Implementing a New POS System

Avoiding Mistakes When Implementing a New POS System

Breaking News, Business Solutions, How-To, Payment Processing, Tech, Trends
A point of sale system has made it easier for merchants and businesses to sell their products and services conveniently to their clients. Whether you have a retail store or small business, your POS system will help you manage your operations and get more sales. You can also use your POS system to leverage eCommerce features like ordering online. POS system problems occur if you install your POS system incorrectly, if your employees lack POS training, or if you don’t have a clear understanding about what type of POS you need. However, many POS system mistakes are avoidable if you choose and implement your POS system properly.  Mistakes to avoid when implementing a new POS system Picking the wrong POS Oftentimes, businesses do not take their time to select the right POS sys...
Top POS Systems for the Restaurant Industry

Top POS Systems for the Restaurant Industry

Breaking News, Payment Processing, Tech, Trends, What's Hot
The top POS systems in the restaurant industry do more than accept and process sales payments. They make it easier to run and manage your business with features that help you connect with your customers and analyze sales data. The POS system features also help you track inventory, manage employees, and analyze data. These systems also have integrations for loyalty programs and email marketing that save you time and streamline processes. Below are some of the top POS systems for the restaurant industry. Touch Bistro Touch Bistro is an affordable POS system that focuses on the restaurant owner's needs and has reservations, table and delivery management features. It suits all kinds of food establishments including casual eateries, fine dining, pubs, food trucks and cafes. It ha...
Billing My Clients When Not In the Office

Billing My Clients When Not In the Office

Business Solutions, E-Commerce, How-To, Payment Processing, What's Hot
The billing process is one of the most fundamental aspects of smooth business operations. Handling the billing process has an incredible impact on the reputation and reliability of the company. One can begin invoicing their clients when not in the office once they are organized and have an invoicing system in place.  Ways of billing clients when outside the office Automatic billing One of the steps for billing your clients when not in the office is through automatic billing. Taking advantage of simple automation features enables payments to be made faster and saves time. Whether it’s weekly or monthly, you can use a software that will automatically bill your customers and has a subscription rate that is agreed upon. This saves you time, even when outside the office, keep...
Avoiding Mistakes When Billing Clients Not in the Office

Avoiding Mistakes When Billing Clients Not in the Office

Business Solutions, How-To, Payment Processing, Tech, Trends
Finance is the main component for maintaining a business that is run smoothly. Many businesses, whether new or established, struggle with billing or invoicing. A business owner may assume that invoicing is simple, straightforward, and may not require full attention, however; this is untrue since billing and invoicing clients properly is a major part of the job. It’s also vital for a business owner to avoid common mistakes or errors while billing or invoicing their clients. Below are some of the mistakes to avoid when billing clients out of the office. Invoicing the wrong person Invoicing the wrong person is one major mistake you should avoid when billing a customer as it leads to problems, delays, complicates the process and looks unprofessional. A business owner needs to make s...
Steps to Get Started with Your POS System

Steps to Get Started with Your POS System

Business Solutions, E-Commerce, How-To, Payment Processing, Tech
A point of sale (POS) occurs when a client executes the payment of goods or services. A point of purchase is when sales taxes become payable. Point of purchase transactions may occur in person or online, with receipts either generated electronically or in print. It’s also a software program that functions as a retail management platform for running your entire business. It’s vital to choose the best POS system for the industry to track your inventory and help take care of your clients. Below we take a look at some of the steps to get started with your POS system. Determine the store you would like to have The steps involved in getting started with your POS system will depend on your store's processes and setup. It would be best to determine how many registers you require, the de...
Selecting the Right POS System

Selecting the Right POS System

Business Solutions, E-Commerce, Payment Processing, Tech
A great POS system is vital for simplifying business operations, tracking inventory and controlling cash flow. It provides a consistent stream of data which helps with making informed business decisions and improving return on investment. Other features of a quality POS system are inventory management, sales reporting, employee management and accounting. However, due to a variety of options available on the market, selecting the right POS system can be challenging. Below are some of the essential tips to consider when choosing the right POS system. Understanding what your business needs Having a good grasp on your business needs is the first step in choosing the right POS system. Because POS systems are vital for keeping track of ongoing activities in sales and inventory, you sh...
Tips for Billing Clients Not in the Office

Tips for Billing Clients Not in the Office

Business Solutions, How-To, Payment Processing, What's Hot
After rendering services or products, it’s essential that you ask for payment from a customer. This is a vital task since it allows you to keep track of your billing and accounts receivable, making the invoicing process convenient for both you and your clients. Having an effective billing system will enhance efficiency and cash will steadily flow into your bank account. Here are some of the tips for billing clients when not in the office. Set your terms When it comes to client invoices, set the payment terms that will suit you. For instance, outlining a seven-day payment term can be easily implemented and is perfectly reasonable. Be very specific with your clients about the payment terms when offering them a project pitch or sending them an invoice. You should state your expecta...
Best Practices for Billing Clients Not in the Office

Best Practices for Billing Clients Not in the Office

Business Solutions, How-To, Payment Processing, Tech, Trends, What's Hot
Establishing best practices for billing clients is a critical component for enhancing positive cash flow and keeping the business running smoothly. With that said, it’s critical that a business has an established invoice system that sends and creates bills efficiently. Implementing best practices for billing clients when not in the office will save you time and money. It also helps generate more revenue in the business. Below are some of the best practices for billing clients outside the office. Set your terms Before working with a client, you should both agree on a set of terms. This is an initial step toward good customer relations, helps to avoid any friction, and increases the chances of getting paid on time. The set terms should clearly state when the project should be comp...