The right technology can streamline your business. If you’re using a decades-old hand-held countertop terminal that's only good for ringing up purchases and printing out receipts, it might be time for an upgrade. New POS systems aren’t just a way to accept payments—they are software powerhouses that help merchants streamline business processes and drive sales.

Because of connections between many large payment processors and point of sale system providers, switching your merchant services provider can sometimes be an investment—both in time and money. Licensing fees, service contracts, and various other costs are an unfortunate but necessary hurdle for some businesses. However, switching POS systems can often reduce your expenditures. Not only POS systems, but sometimes it’s possible to onboard with a new service provider without changing hardware, while the savings over just a few months usually cover the cost of your POS switch. 

A chargeback is a forcible refund between a merchant and the issuing bank, i.e., the bank that issued the customer’s credit card. A chargeback is not a refund. Unlike refunds and returns—which are voluntary and occur between the customer and the merchant—chargebacks are disagreements between the cardholder and the business whereby the customer contacts their bank to reverse the credit card charge.

The New Year is a time for reflection, anticipation, and, invariably, resolutions—many of which involve health and fitness-related components. Year after year, getting in shape is one of the most common New Year’s resolutions.