The Benefits of a Point of Sale System

point of sale

Having a point of sale system (POS) can greatly benefit your business in many ways. Many of them will work with external hardware allowing for an increase in the versatility and mobility of collecting payments. What is a POS? A POS is where the merchant collects payments from a customer. In addition to collecting your…

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How To Handle Chargebacks

chargeback

A chargeback occurs when a customer contacts their payment provider and claims that the payment made was illegitimate. This can lead to the bank reversing the payment, and you the merchant getting stuck with the loss.Chargebacks are often one of the largest headaches for merchants who are simply trying to run their business. They are…

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Cash Discount vs Surcharge vs Convenience Fee

cash discount vs surcharge

While they may seem like the same thing; cash discounts, surcharges, and convenience fees are 3 very different options for merchants. Not all 3 can be used in every situation, and they all have different guidelines on how they can be implemented. Cash Discounting A cash discount is a program that allows the merchant to…

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