2020 was an unprecedented year for brick and mortar merchants, as the global COVID-19 pandemic saw many businesses forced to close and strict guidelines put in place limiting in-store activities. In turn, consumers flocked online, boosting ecommerce sales by 45% year-over-year and accelerating ecommerce adoption by as much as five years. Consumer habits are like a ratchet – they only go one way – and that means that the same new shopping behaviors consumers developed during 2020’s online rush will likely stay with them long after COVID-19 is a distant memory. Continue reading “Ecommerce in 2021 – 3 Online Business Trends for a Post-COVID World”
A touch screen point-of-sale (POS) system is like a typical POS system, but the software operates on handheld devices and tablets, rather than traditional POS hardware. Touch screen POS systems are web-based and can synchronize in real time to a variety of other software solutions, enabling merchants to monitor their businesses from anywhere in the world. Continue reading “2021 Best Touch Screen POS Systems for Retail Merchants”
Apple Pay is Apple’s proprietary electronic payment solution, working hand-in-hand with Apple Wallet, the company’s card storage platform. Its userbase is growing extremely rapidly, and the system is well on its way to handling one out of every ten card payments by 2025. To use Apple Pay, users program their debit and credit card information directly into Apple Wallet, and then make online or in-store purchases by tapping their devices or clicking a button, and scanning either their thumb or face with Touch ID or Face ID. The benefits of accepting Apple Pay are myriad, and with so many Apple users jumping on board, it’s quickly becoming a must-have system for merchants looking to give customers the flexible payment options they demand. Continue reading “Apple Pay for Small Businesses – Getting Started with a Must-Have Payment Option for 2021 and Beyond”
Learn how to lower your credit card processing fees and save money. Continue reading “Webinar Replay: How to STOP Losing Money on Every Sale WITHOUT Spending a Penny to Make it Happen”
Next-day funding is one of the most beneficial services a payment processing partner can offer to your business. The standard funding hold imposed by most merchant services providers can easily eat up two to three days between the time you make a sale and the time that money lands in your bank account. That’s valuable time, and by eliminating it, payment processors that offer next-day funding – like BAMS – make it clear that your company’s financial health is their top priority, even if it means assuming a little more risk on their end. In addition to the reaffirmation of your processing partner’s commitment to your company’s success, next-day funding also offers a number of significant benefits to your business – both tangible and intangible. The following represent just three of those benefits and make it clear why the availability of next-day funding should be an important box to check off whenever you shop for a new merchant services provider.
Successful retailers know two things: you have to give customers as many payment options as possible, and you have to ensure they can make those payments quickly. That ensures happy customers in brick and mortar environments and ensures minimized cart abandonment online. All merchants understand the importance of accepting debit and major credit cards, but not all merchants know how much they stand to gain from adopting one of the newer payment solutions on the market – Apple Pay. Continue reading “Why Your Store Should Be Accepting Apple Pay – The Top 5 Reasons Apple Pay is a Must for Merchants in 2020”
There are a number of reasons Stripe customers might want to export their historic business data, not the least of which is a switch to a new payment processor. And while accessing and exporting that information is a straightforward process, some users are unaware of what they can access and where they have to go in their account dashboards to get it. The following is a quick crash course in the simple, easy steps necessary to generate CSV (and QuickBooks) reporting for export and later use with other applications or new payment processors.
If you’re a merchant hosting an online store with Volusion, you’ve probably heard by now that the company has hit a rough patch. In late July 2020, Volusion quietly filed for bankruptcy. According to the company, the bankruptcy filing is meant to address an unstable capital structure that requires reorganization. But, regardless of why the company filed for Chapter 11, the question on every Volusion merchant’s mind is, what does it mean for business? The good news is that it might not mean anything, the bad news is that, at this point, it’s impossible to really be sure one way or another.
Cart abandonment is the scourge of eCommerce. With over three-quarters of all carts abandoned, the amount of revenue that walks away from online stores each day is staggering. Thankfully, there are a wide variety of eCommerce tools designed to seamlessly integrate with your online store to help you reclaim that lost revenue. From email follow-ups to one-time discounts to lead capture popups, the following represent five of the best tools on the market today to help you move more customers all the way through to checkout completion.
Why Your WooCommerce Store Needs Apple Pay and How to Get Setup
WooCommerce powers well over a quarter of all online stores and the popularity is due to both the extreme ease of setting up and using the platform and the attractive, user-friendly shopping experience it provides to customers. But as well-designed as they are, WooCommerce stores are still prone to clunky and convoluted checkout processes. Apple Pay – the proprietary payment solution that comes built-in to all Apple devices and computers – can change all that. With Apple Pay enabled, your WooCommerce store’s checkout becomes a completely frictionless process that creates a better experience for your customers, boosts your conversion numbers, and costs you nothing. It’s becoming the payment method of choice of Apple users around the world, and the ease with which it can be integrated into your store makes adopting it an easy decision.