It can be difficult and overwhelming when trying to select a point of sale (POS) system for your business, especially when there are so many options available that make similar claims and offer comparable rates. Identifying features that are key to your business and watching out for hidden fees is critical.
As the mobile payment industry continues to grow, small businesses of all industries need to get on board and upgrade their credit card machines. A deadline has now been set in place. As of October 1, 2015, any small businesses that are not EMV card reader accessible are prone to fraud and loss of sales.
You did it! You've leased some building space, registered your new business and started bringing in inventory, but how will you process payments?
Picking the right mobile credit card processor for your business can be difficult, especially with all of the processors now available on the market. To help you narrow down your options and help you choose a trusted processor, a processor like PayAnywhere, Business News Daily has pulled together these questions you should ask before signing up with a processing company:
Question: When will I get my money?
Question: What do I do if my card reader or Storefront tablet doesn't work?