Explore BAMS

Category: Merchant Services

YTS Wealth Management CEO Nicholas Subich on how business owners can turn daily sales and recovered margin into lasting personal wealth.
Featured Article Executive Interview: Nicholas Subich, CEO of YTS Wealth Management, on Turning Business Cash Flow Into Personal Wealth

For most merchants, revenue arrives daily: card payments settle, funds hit the account, and the money goes back to work in the business. Far fewer owners have a plan for turning that steady stream of sales into personal wealth that outlasts the business. To explore that gap, we sat down with Nicholas Subich, CEO of […]

Simple Merchant Services Make Doing Business Easier Simple Merchant Services Make Doing Business Easier
Read MoreSimple Merchant Services Make Doing Business Easier

Payment processing is a complex industry with a lot of moving parts, a lot of tech, and a lot of security rules. But, for the end merchant, all that complexity represents a needless source of headaches and potential business interruptions. The best payment processors offer simple merchant services that allow businesses to focus solely on […]

What is a Retail POS System? What is a Retail POS System?
Read MoreWhat is a Retail POS System?

A retail POS, or point-of-sale system, is a combination of hardware and software designed to facilitate purchases at a checkout counter in retail and dining. A POS effectively automates most of the functions of an old cash register. Rather than having to punch in a product’s information and price and manually apply taxes, a POS […]

How to Get a Credit Card Reader Payment Gateway for my Business? How to Get a Credit Card Reader Payment Gateway for my Business?
Read MoreHow to Get a Credit Card Reader Payment Gateway for my Business?

Having a payment gateway that accepts credit cards on-site is important for most modern businesses, and it’s an absolute must for retail businesses, where cash-only sales are all but extinct. But how do you go about getting a credit card reader? The good news is that getting set up with a reader isn’t that hard, […]

Loyalty Programs Loyalty Programs for Small Businesses
Read MoreLoyalty Programs for Small Businesses

As a small business owner, you should always be on the lookout for ways to improve your customer offerings to drive customer loyalty and satisfaction. There are a few things that have historically benefited small businesses such as loyalty programs, customer reviews, and community engagement. The bottom line is that without satisfied customers, your business […]

BAMS infographic showing eight industries that benefit from mobile merchant services including contractors, restaurants, retail, hospitality, automotive, B2B, nonprofits and healthcare. 8 Industries That Benefit from Mobile Merchant Services
Read More8 Industries That Benefit from Mobile Merchant Services

Mobile Payments Work Best When the Checkout Can Move With the Business Not every business operates from a fixed checkout counter. Contractors collect payment at job sites. Restaurants bring the payment experience to the table. Retail employees can check out customers away from the register. Nonprofits accept donations at events while healthcare providers may collect […]

Chargebacks 4 Things to Know About Chargebacks and How to Prevent Them
Read More4 Things to Know About Chargebacks and How to Prevent Them

One thing that any business should be aware of when processing digital payments are chargebacks and chargeback prevention. Chargebacks can have a huge impact on business owners, especially for small businesses. The last thing that a business owner wants is to have to refund a customer for services rendered or products shipped, especially when there […]

5 Things To Know About PCI Basics And PCI Compliance  5 Things To Know About PCI Basics And PCI Compliance 
Read More5 Things To Know About PCI Basics And PCI Compliance 

With the retail world rapidly moving online, many companies are turning to online sales and e-commerce to keep pace with our evolving market. However, if retailers want to join the vast world of online sales, there are rules and procedures they have to follow, both to protect themselves from fines and their customers’ private information. […]

6 Things Every Small Business Needs To Succeed  6 Things Every Small Business Needs To Succeed 
Read More6 Things Every Small Business Needs To Succeed 

Making it today as a small business can be challenging. Between having to compete with big corporations and the ever-growing online market, it’s never been harder for brick and mortar stores. However, several tools, techniques, and technologies can help you integrate into the modern online market. 

5 Signs You Need A New Payment Processor 5 Signs You Need A New Payment Processor
Read More5 Signs You Need A New Payment Processor

More people have begun utilizing online stores with the continuous growth of online marketplaces and the pandemic’s recent lifestyle changes. Businesses that wish to retain these customers, or dip into the rapidly growing online market, will have to adapt and evolve to keep up. A safe, effective, and cost-efficient payment processor should be at the […]

What is an Ecommerce Payment Gateway? Ecommerce vs. B&M Retail? Should You Take Your Business Online?
Read MoreEcommerce vs. B&M Retail? Should You Take Your Business Online?

Retail ecommerce is already worth over 431 billion dollars in the United States alone and is set to exceed $563 billion by 2025. Simply put, your customers are already online. If you’re still weighing the pros and cons of selling on the web, now is the time to take the plunge. Expanding your sales to […]

How Apple Cash and the Apple Card are Changing the Game Apple Pay Adoption Challenges in 2022 and Beyond
Read MoreApple Pay Adoption Challenges in 2022 and Beyond

Apple Pay and other digital wallets, like Google Pay and Samsung Pay, are mobile payment technologies that allow users to pay for things with a simple tap of their phone or the click of a single button online. They offer speed, convenience, and, thanks to built-in biometric ID, heightened security. It comes as no surprise […]

Where is Magento Commerce Heading? Where is Magento Commerce Heading?
Read MoreWhere is Magento Commerce Heading?

When Adobe announced their acquisition of Magneto in 2018, it was clear the software giant was making a play at becoming the top dog in ecommerce. Now, the final stage of the rollout of the merged product is underway, and Magneto is set to undergo some significant changes, including a fresh rebrand, a permanent move […]

Benefits Of Using A Small Business Payment Processor Benefits Of Using A Small Business Payment Processor
Read MoreBenefits Of Using A Small Business Payment Processor

When you first opened your business you probably knew there would be some complicated financial processes and jargon involved. You know now that it is more complicated than you could have imagined, and just running your business the way you want comes with a lot of headaches.  There are many business support services available that […]

What To Consider When Choosing A Business For Payment Processing What To Consider When Choosing A Business For Payment Processing
Read MoreWhat To Consider When Choosing A Business For Payment Processing

Every commercial enterprise aims to make money. Being able to accept multiple forms of payment from customers gives you more opportunities to do so. Whether you are a first-time business owner or an established company looking to make a change, choosing a payment processor should be a big decision. There are several payment processing solutions […]

Apple Pay for Small Businesses Benefits Of Being Apple Pay Compatible
Read MoreBenefits Of Being Apple Pay Compatible

Apple Pay is a popular service for contactless payments, and becoming compatible with its system can enhance your business in several ways. If you’re a merchant that has never heard of Apple Pay or you’re simply on the fence about taking that step, it’s important to take a look at the benefits of Apple Pay. […]

Simple Merchant Services Make Doing Business Easier What are Merchant Services?
Read MoreWhat are Merchant Services?

When many people hear the term merchant services, they automatically think “transaction processing.” And, while that is a huge part of what payment processors do and certainly worth discussing, it isn’t the only thing processors offer businesses. Many merchant services providers today actually offer their clients end-to-end payment solutions that allow merchants to get everything […]

What's The Difference Between a Payment Gateway and a Payment Processor? What’s The Difference Between a Payment Gateway and a Payment Processor?
Read MoreWhat’s The Difference Between a Payment Gateway and a Payment Processor?

Online sales are the norm today and are growing more popular and ubiquitous each year. According to the US census bureau, in 2020, e-commerce sales now account for roughly 14% of all retail sales – an increase of nearly 8% from 2015. With more people utilizing e-commerce each year, it pays for retailers to integrate […]

Mobile Payments Digital Transactions & Mobile Payments 101
Read MoreDigital Transactions & Mobile Payments 101

Digital transactions — credit cards, online payment gateways, Apple Pay — have already supplanted cash as our preferred payment method, with cash falling even further out of favor in the wake of the global pandemic. Yet, despite growing consumer demand for a wider and wider array of electronic payment options, there are still merchants all […]