Noncash transactions now account for more than 80% of payments, meaning businesses must offer convenient and affordable payment options to consumers. However, with a range of fintech companies entering the payments sphere in the last two decades, it can be hard to keep up with the latest payment options for small businesses. Merchants can now offer more than just standard credit card transactions; there are buy now, pay later (BNPL) services, QR code payments, cryptocurrencies, contactless transactions, and a range of other modern payment tools. Via https://www.emscorporate.com/news/accept-payments
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If you want to accept customer payments beyond cash and checks, you’ll need a payment processing solution. But what is payment processing, how do you get it, and how does it work? In this article, we’ll break down the complexities of payment processing including the parties involved, the movement of funds, and much more. Let’s dive in. Via https://www.emscorporate.com/news/ultimate-guide-to-payment-processing If you accept credit or debit cards at your business, you will come across a merchant agreement at some point. It’s a simple agreement between you and your payment processor that allows you to accept payments. And while you may think that a quick glance is enough, that isn't always the case. Via https://www.emscorporate.com/news/merchant-agreement The acronym POS stands for "point of sale," and as you might expect, it technically refers to the time and place where a transaction occurs. When referred to in payments, however, POS is typically used to describe a physical or cloud-based point-of-sale system. Via https://www.emscorporate.com/news/what-is-a-point-of-sale-system As the payment ecosystem shifts into the digital age, shoppers and merchants revel in the benefits. The relative ease of using digital payments, the instant visualization of cash flow, and the time saved on both sides of the register have led to an explosion in the constantly evolving space. But with any groundbreaking technology comes downsides that experience their own evolution. According to WalletHub, global card fraud cost card issuers, merchants, and ATM acquirers a combined $28.58 billion in 2020. The US accounted for 35.83% of these total losses according to Wallethub. This issue affects all merchants and card issuers across the globe, and the problem is expected to grow exponentially over the next decade. Criminals use a variety of tactics to run these scams, but the following represent a few of the most common examples of credit card fraud. Via https://www.emscorporate.com/news/how-to-recognize-and-prevent-credit-card-fraud Gift shops are a popular destination for residents as well as tourists.
Everybody loves remembering a new exciting location by bringing home a unique souvenir. But there is a lot of competition between gift shops. There are a number of things that can cause customers to choose one store over another. How your business accepts payments is an important aspect, but it is often overlooked. If your gift shop only accepts cash or has an outdated point of sale system, this could lead to long lines and cause customers to not choose your shop. When a tourist wants to visit as many places as possible and sees a long line at the cashier, they will leave your shop for another gift shop. Electronic Merchant Systems (EMS) is here to help. Electronic Merchant Systems works closely with gift shops like yours to increase sales and promote growth. For over 30 years, we have helped local businesses reach their full potential. EMS can help you with your gift shop, from the best POS systems to mobile payment solutions and customizable gift cards. At EMS, we are dedicated to handling all of your souvenir shop's merchant services needs, including:
Choose the Best Credit Card Processing Solutions For Your Business
Electronic Merchant Systems is the best choice when it comes to streamlining your payment processing and merchant services for your crafting business. We know that your business takes a lot of personal time and consideration, so we take pride in offering mobile payment solutions that will ultimately make your life easier. As a nationally trusted payment processor, our goal is to optimize, simplify, and speed up the way you get paid. EMS has the Skills and Experience to Serve You With over 30 years of experience in the payment processing industry, Electronic Merchant Systems offers valuable merchant services experience that will help your crafting business not only grow, but thrive. In addition, EMS has been a certified level 1 PCI provider for over ten years. Security is of the utmost priority. 24/7/365 Customer Support We have a dedicated team of customer support specialists available at all hours of the day. You are never alone when you work with us. Take Your Crafting Business to the Next Level Today Slow payment processing or archaic payment options are a thing of the past! No more worries about bounced checks or turning customers without cash away. At Electronic Merchant Systems, we are dedicated to handling all of your craft show business's merchant services needs, including:
If you're ready to increase your bottom line and accept more payments at your shows contact EMS today. We offer credit card processing for craft shows that will help you take your business to the next level. Click HERE to learn more about our payment solutions. As the owner of an auto parts store, you pride yourself on offering professional grade parts and services. The trust between you and your customers is paramount in every step of the buying process. Your payment processing solution should follow suit. If you've been looking for a way to make accepting credit cards easier for your auto parts store, you are in the right place. At Electronic Merchant Systems (EMS), we have the payment solutions you need to help your business grow. In this post, we'll review the benefits of credit card processing solutions for your store. Keep reading to learn about the advantages payment processing solutions can have for your auto parts store. Article Highlights
Via https://www.emscorporate.com/news/payment-processing-for-auto-parts-stores When processing your customers’ payments, you should have two main priorities: ease of use and protection against security risks and fraud.
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