Interested in better customer service, increased sales, and multiple opportunities for engagement? A tablet point-of-sale (POS) system can offer this and more for your credit card processing needs. In fact, many retailers are ditching traditional cash registers for cloud-based tablet POS systems thanks to mobile credit card payments, quick processing, and a streamlined platform for sales and inventory management.
Unfortunately, merchants can fall victim to any number of scams when shopping for payment processing services. One of the most common—as well as financially damaging—is leasing a credit card terminal for credit card processing.
What Is a Chargeback? Chargebacks—also known as reversals—occur when funds are returned to the purchaser in a transaction, and they usually involve card-not-present (CNP) credit card transactions. At their base level, they are a consumer-protection mechanism enabled under Regulation Z of the Truth and Lending Act . Side note: Debit cardholders are afforded the same rights under Regulation E of the Electronic Fund Transfer Act.
In case you missed it, Apple rocked the payments world on February 8 after announcing that it was rolling out “Tap to Pay” and taking aim at some of the industry’s big players, including Block (Square). Stripe will be the first platform to partner with Apple and offer the capability and is already accepting businesses to participate in the beta program. Next up will be Shopify, followed by others in the fall.
Excellent online reviews and customer reviews are a powerful yet underutilized tool in the world of retail. For example, they influence consumer decisions, help your business build credibility, and drive engagement. Meanwhile, over the last couple of years, the power of online reviews has increased as people have flocked online. And with U.S. retail eCommerce sales expected to grow 16.1% in 2022 to reach a staggering $1.06 trillion, online reviews will continue to shape consumer behavior. This article outlines five reasons why online reviews are essential.
