Selling to businesses (or governments) is a different proposition than selling to consumers because the value of the average sale is so much higher — often in the tens of thousands and potentially ranging up into the millions. In the B2B world, security is at an even higher premium than normal, and cost management is […]
Category: NYC merchant services
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B2B Merchant Account Service
Toast is one of the leading point-of-sale systems in the world, consistently earning top rankings, particularly in the restaurant industry. There are a number of reasons why so many restaurant owners lean on Toast POS for their dine-in and online ordering operations, including the company’s specialization and the robust set of add-on products that integrate […]
When businesses buy things from each other, how do they do it? While extremely large capital purchases are sometimes made with bank transfers, you might be surprised at just how often even large business expenses are paid for with credit cards. However, accepting B2B credit card payments on major sales is generally not the same […]
Cash flow is arguably the most important metric in determining the financial health of any business. Access to liquid cash ensures that merchants can meet all of their ongoing expenses like payroll and interest payments, and keeps things running when unexpected expenditures inevitably arise. But cash itself is all but outdated, and with the world […]
Toast is one of the premier merchant services providers in the restaurant industry, offering a full suite of products and services designed specifically to help restaurateurs do business and accept payments. But with so many POS systems and payment processors available on the market, determining whether Toast is the right partner can be difficult for […]
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 […]
There are few things more satisfying than checking your numbers after a strong day of sales. But what is far less satisfying is having to wait days – often half a week or more – to enjoy the fruits of those sales due to annoyingly long hold periods imposed by your merchant services provider. That’s […]
Merchant services providers have a huge role to play in the success of all companies accepting electronic payments, both online and in-store. But, whether you choose to partner with a third-party processor like PayPal or to open up your own personal merchant account through a company like BAMS, it’s important that you understand exactly what […]
Toast is a software company that provides restaurants with point-of-sale systems, as well as a host of other products covering ordering, management, and payment solutions. Toast’s flagship product is its Android-based cloud POS, which offers restauranteurs an easy-to-use, efficient software suite and simple, modular hardware. The success of that POS drove Toast’s value to over […]
Learn how to lower your credit card processing fees and save money.
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 […]
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 […]
Access to cash might be the most important financial factor in any merchant’s long-term operational success. Yet, many merchants don’t consider how their selection of a payment processing partner will impact that all-important liquidity. The delay between the moment a sale is made and the moment that money becomes accessible in the bank – also […]
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 […]
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 […]
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 […]
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, […]
A Match Offering Major Benefits for Both Your Store and Your Customers BigCommerce is a full-featured and extremely popular eCommerce platform that brings all the infrastructure an eCommerce merchant could need into a single platform. If your store runs on BigCommerce, you also know that it offers a wide variety of checkout options designed to […]
How Apple’s Growing Payments App Can Help Your Business Today We live in a world where convenience is king, and consumers expect as many payment options as possible. It’s also a world quickly trending towards a cashless economy in the wake of a global pandemic that has made contactless card payments the norm. Today, failing […]
