Glossary of Credit Card Processing Terms
As a business owner, you need to be able to seamlessly and securely accept payments from your customers. Years ago, customers relied on payment methods such as cash or checks. Today, customers rely less on these methods and prefer to use credit cards to complete their...
Maximize the Life of Your Touchscreen POS System
If you’ve recently invested in a point-of-sale (POS) system like the Clover Station or Clover Mini for your business, you’re likely already enjoying the speed and organization Clover can provide. Clover’s POS systems log and categorize daily sales,...
How to Speed up the Checkout Process
How long are your checkout lines? Some people might tell you a long line is good for business. Think again. According to surveys of grocery store buyers, 32% of customers choose to shop elsewhere to avoid a long line — and 11% of shoppers abandon their trip...Should Your Business Accept Crytpocurrency?
One of the biggest questions facing businesses today is whether or not they should accept cryptocurrency as a valid payment method from customers. While cryptocurrency is innovative and revolutionizing the types of currency available to businesses, it’s a...
Choosing a Merchant Service Company
If you own a cash-only business, then you handle all payment transactions yourself. However, if you want to accommodate the people who prefer paying with a credit or debit card, you’ll need to partner with a merchant service provider, or MSP. MSPs handle the...
Avoid Credit Card Fraud
Credit card fraud is an ever-present danger for small businesses all around the world. In fact, the Nilson Report estimated that global credit card losses due to fraud reached $27.85 billion in 2018, a 16.2% increase from 2017. Credit card fraud can result in...
Benefits of Cash Discounts
If you’re a merchant, you already know that credit and debit cards are the most common payment method today, but did you know that, as of 2018, 70% of consumers say they use cash for some or all of their purchases? That’s a lot of customers that are...Tips to Grow Your Food Truck
The food truck industry in the U.S. is booming. According to the Bureau of Labor Statistics, there were more than 5.4 million food and beverage serving and related worker jobs in 2018. These jobs, which include those in the food truck industry, are growing much faster...![The Best Ways to Accept Payments [infographic]](https://www.getvms.com/wp-content/uploads/2019/05/Best_ways_to_accept_payment_online.png)
