Whether you’re a new entrepreneur looking to set up your credit card machines and equipment for the first time, or a seasoned business owner shopping around for a new solution, having the right credit card machine is critical. The hardware market is saturated with a large range of devices that, more or less, have the […]
In 2023, credit, debit, and mobile wallet payments represented 80% of all payments worldwide at point-of-sale (POS) systems. Digital wallets were the most preferred (30%) and the fastest-growing payment method. Credit cards came a close second at 27%. This clearly indicates that credit cards are still one of the most convenient forms of payment—not just […]
The United States payment processing solutions market continues its increasingly rapid growth. From 2024 to 2028, the overall global payment processing solutions market size is estimated to grow by $81.4 billion at a CAGR of 14%. North America is estimated to contribute 39% to the growth of the global market during that forecast period. These […]
Credit cards are undoubtedly one of the most convenient methods of payment. They are lightweight and safe, and cardholders can earn points and rewards for using their cards to pay for purchases. Americans are increasingly choosing other forms of payment than cash and businesses need to keep up. A 2022 study by the Pew Research […]
A report by Juniper Research found that the subscription economy will touch $593 billion this year in overall transaction value. What’s more, this figure is predicted to cross $990 billion by 2028. This may seem hardly surprising as almost every business—from streaming services to cosmetics companies—is using the subscription model to generate revenue. Originally used […]
Every business on this planet needs to track its revenue and earnings. These are the two most basic metrics that represent the health of the company. They also need to be tracked and reported at regular, frequent intervals to describe the financial performance of a company over a time period. Understanding your company’s balance sheet […]
Payment processing is an unavoidable part of business life. From brick-and-mortar retailers and online businesses to small business owners taking payments on the road, everyone needs it. Cash usage has been decreasing for years now, with the pandemic only serving to amplify the trend, sending the demand for digital solutions into overdrive. In-person transactions with […]
The world of credit card payment processing can be confusing. Processes can be complex, several players and entities may be involved, and the terminology isn’t exactly self-explanatory. For this reason, small businesses accepting payments should educate themselves on the ins and outs of how credit card payment processing works. Doing so will ensure that you […]
Every business needs a way to, well, do business. One of the first things you need to set up is a way to accept payments from customers. And there’s a lot more to that decision than you might think. There are lots of moving parts and pieces when it comes to payment processing, and there […]
For many aspiring business owners, entrepreneurship is both exciting and daunting. Sometimes it feels like you have to be creative, a maker, an inventor—someone who can turn nothing into something. But not every successful business owner started from scratch. Franchisees are inspirational entrepreneurs in their own right. Not to mention smart. Who wouldn’t prefer a […]
