Top Retail POS of 2019

POS merchant account services system

Providing shoppers with a smooth POS, easy checkout experience is key to generating return business and a loyal customer base. There are few things that can frustrate a customer more than waiting in a long line once they’ve made their buying decision or running into trouble with systems at the cash.

That’s why it’s so important for merchants to offer their customers reliable electronic payment solutions, and that starts with a good point-of-sale system. BAMS integrates with 12 of the leading retail POS systems so
that our partners can ensure they’re offering their customers the best checkout and payment experience possible.

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3 Great Reasons to Buy Online Gift Cards

Laptop with online gift card

Gift cards have only been around about 20 years. Before that, is was paper gift certificates and not many of them, as the giver preferred a more “personal touch,” meaning that actually going to the store and purchasing the gift was not only more labor intensive but more “thoughtful.” As more establishments began offering gift cards, the variety was embraced by the general public and they took off fast and hard. At this time every store, restaurant and sub shop we enter has their own gift cards to purchase, and many sell a multitude of others. We, the public, have determined that gift cards are good, but of course the less scrupulous among us have found ways to defraud consumers and those same stores, restaurants, etcetera. BAMS can help you get setup to begin selling gift cards immediately.

The latest gift card trend is purchasing them online. You buy it, get sent a secure 16 digit number and a pin code that you pass along to whomever you choose. Many businesses can send the virtual gift card to the email you provided. Once it has been purchased, the buyer is completely out of the loop. The gift is given, the buyer is happy as is the gift card recipient.

Reasons why purchasing gift cards online is smarter:

  1. Security – The transaction takes place in private, no plastic cards hanging on a rack that may have been compromised.
  2. Spending – People spend more when using gift cards online. Overspending is normal since people can look at more than just discounted and clearance items, after all, it’s not their own hard earned money that’s being used. These wish list items can be bought and adding an extra $20.00 or $50.00 is okay since the recipient getting something they normally would not want to entirely pay for themselves.
  3. Convenience – The birthday, holiday, or other has a deadline of tomorrow. Buying a gift and sending it is out of the question, it will not get there in time. An online gift card will, and it be very well received.

Online gift cards are a great idea, the color is always right, it’s just the size of the amount that needs consideration. Contact us so that BAMS can explain more about online gift cards.

The E-commerce Processing Rush is Far From Over

Atom connect with blur fashion retail shop e-commerce store concept

When e-commerce processing first came into existence, analysts predicted that it could become a multimillion-dollar industry. Now, it’s clear that what once seemed lofty was actually understated. Billions of dollars change hands online, and the vast majority does so via credit card transactions. This makes e-commerce processing more important than ever.

Is There Still Room to Enter the Online Business World?

With the emergence of giant online retailers, small brick-and-mortar companies may wonder if there is still opportunity online. The answer is definitely yes! Local companies can improve their businesses substantially by offering services like store pickup, pre-orders, online appointment setting, and more. Of course, competing head-to-head with the giants is also a possibility, and for those with a unique enough offering, it may be worthwhile.

What Should You Look For in an E-commerce Payment Processor?

One of the key things to seek is low fees. For obvious reasons, it’s good to keep these and other backend expenses low.

Along these lines, look for one that includes an Authorize.net gateway for free, like BAMS. Some processors charge a substantial amount for this, but not all.

The next thing to look for is a fast settlement of funds. The faster transaction money gets into your bank account, the better. Here at BAMS, we can get the money into your bank account in a day or less.

To get started on expanding into the e-commerce universe, just contact us. We’ll be glad to answer all of your questions and get you set up to accept payments online.