It’s already the preferred payment method in other parts of the world, but chip and signature is finally edging out traditional swipe payments in the U.S. Most SMBs are already on board the chip and signature train. In fact, Visa reports that 99% of payments in March of 2019 were of the chip-and-signature variety. What’s […]
With so many customers choosing credit or debit cards as their preferred payment method, efficiently processed card transactions help to ensure that customers will return to the business. Finding a versatile, reliable card reader is key to smooth card transactions. Enter PAX Technology, Inc., an electronic payment solutions provider with an impressive stable of reliable […]
When you switch credit card processors, you may be wondering if you can use the existing payment terminals that you have. The answer to this isn’t clear-cut, as the process of reprogramming credit card machines varies, depending on your merchant services provider, and the types of equipment you have. In this post, we’ll look at […]
As the COVID-19 pandemic continues to transform brick-and-mortar and ecommerce, many businesses’ websites and advertisements now mention “contactless transactions” that don’t require any store employee-customer interaction. In many cases, that means the customer pays for their meal or merchandise online, and swings by the business for a curbside pickup. However, contactless payments also refer to […]
So, it’s time to get an iPhone card reader for your business. There are multiple benefits to arming your store associates with mobile card readers, the foremost of which are reducing line wait times and letting your customers checkout wherever they want. Mobile readers are also more cost-effective than full-fledged POS stations, so they’re great […]
The coronavirus has disrupted literally every industry on the planet, including payment processing. The dust has yet to settle, but it’s worth looking into the changes that merchants can expect from credit card networks, merchant services providers, and consumers. Below, we shed light on 4 ways that COVID-19 is changing the payment processing landscape. Have […]
If you’ve recently shopped at a kitchen supply outlet or stocked up at a big box retailer, you’ve probably paid for your purchases at chip card terminals. Also known as “EMV terminals,” these next-generation credit card terminals reportedly offer security advantages over traditional magnetic stripe readers. You’re ready to make the investment and purchase several […]
As your retail store operation continues to grow, your business’ credit card sales provide a highly beneficial income stream. In 2020, many customers prefer the ease of paying for goods and services with credit cards. Other shoppers prefer to rack up their card rewards points or accumulate balances on a cash-back card. Your credit card […]
It’s the beginning of a new age… of contactless payments. The global payments market is expected to reach $2.23 trillion in transaction value in the next five years. Contactless payment platforms are quickly becoming the most-used payment option worldwide, and the payments market is rife with contactless options––Apple Pay, the failed Google Wallet, LoopPay, Android […]
So, it’s time to get an iPhone card reader for your business. There are multiple benefits to arming your store associates with mobile card readers, the foremost of which are reducing line wait times and letting your customers checkout wherever they want. Mobile readers are also more cost-effective than full-fledged POS stations, so they’re great […]
