In this Business Solutions exclusive, Jared Isaacman, CEO of Harbortouch, explains why your merchant IT clients selecting EMV-compliant payment solutions need to consider also upgrading to accept payments that use near field communication (NFC) technology. Advising your IT clients to look ahead can help establish you as a knowledgeable business advisor — as well resulting in upsell.
POS & PAYMENT PROCESSING MAGAZINE ARTICLES
Payments: Driving An ISV’s Growth
As SaaS-provider MINDBODY continues its focused approach to a growing market, becoming an ISO has helped drive its revenue growth.
Mobile Printers Go Hand In Hand With Customer Experience
Three mobile printing experts explain why mobile printers should be a part of every customer experience conversation.
Take Your Liquor Store Customers Out Of PCI Scope
A VAR installs a $35,000 POS upgrade to solve the multistore, PCI needs of its liquor store customer.
POS & PAYMENT PROCESSING EXECUTIVE COMMENTARY
Advice For The IT Channel: 4 Ways To Market Your Business
If you ask CEOs to name the most difficult aspect of their businesses, most will say the greatest challenge is reaching and retaining customers. The best way to educate your customers about your brand and the services you offer is through a strategic and coordinated approach to marketing.
8 Essentials Of Restaurant Networks And Protection From Hackers
Restaurant networks today are much like the airways and airports many of us travel every day. Networks need to provide successful delivery of data to and from multiple users, applications, and devices just as jetliners transport passengers around the world. And networks also need to provide security, both at the edge and through the network, for all of this data just like airports and air marshals provide today for their many travelers.
The Biggest Threat To The Channel? Manufacturers That Sell To End Users
The biggest threat to the channel is the same as it has always been — manufacturers. Businesses are constantly seeking growth and expansion. Part of this formula requires keeping investors and shareholders happy. The need for manufacturers to always have constant and accelerated growth has become the new normal but there are only so many ways in which this can actually occur. Being a channel friendly company allows manufacturers to sell their products or services through the channel without dealing with end users.
6 Reasons To Offer Financing To IT Customers
Regardless of size, IT is a critical component to running a business. However, computers, servers and other IT equipment can get expensive. This often drives businesses to delay replacing hardware in order to reduce operating expenses. Yet, what if they didn’t have to pay for their IT purchases in a single payment upfront?
What IT Solutions Providers Need To Know About The U.S. Migration To EMV-Enabled Solutions
Payment processing is an ever-evolving industry, and this year the U.S. is adopting the chip card standard, also known as EMV (Europay, MasterCard, Visa). EMV is a driving force in the global payments market today, providing the latest and most reliable data security standards.
RETAIL-FOCUSED WHITE PAPERS & CASE STUDIES
The Holy Trinity Of Payment Security
Payment security remains a topic of great consequence in north america due to the recent number of card holder data breaches as well as the imminent eMV liability shift in october 2015.
Mobile POS Solution Speeds Checkout And Food Prep Time At Red Mango
Red Mango started serving frozen yogurt in 2007. Since then, the number of yogurt lovers has rapidly increased, and the company now has over 200 locations in the U.S The menu has also expanded to include items like wraps, salads, juices, and smoothies. In 2014, Red Mango premiered in Puerto Rico, opening four locations in San Juan.
The Digital Wallet Opportunity: Beyond The Hype
What growing consumer comfort with m-commerce means for brick-and-mortar mobile payments, and what merchants must do to respond.
ABOUT POINT OF SALE (POS) AND PAYMENT PROCESSING
Point of sale (POS) is the place where retail transactions are completed; where payment is exchanged for goods or services. POS is used in many retail industries and many require unique customizations to the hardware and software in order to accommodate their transactions. POS features include scanners, manual and electronic cash drawers, scales, EFTPOS terminals, handheld scanners, touch screens, and many other options. Modern POS systems often act as more than just a system to process transactions by providing inventory management, warehousing, CRM, financials, and more.
In addition to standard on-premise POS systems, modern POS software can be delivered from the cloud in the software as a service (SaaS) model. Cloud-based POS systems can be compatible with traditional POS hardware in addition to mobile devices such as iPads, iPhones, Android devices, and more. Cloud-based POS offers the ability to access data from anywhere there is an internet connection and normally offers faster setup due to it being run remotely.
Payment processing is done by payment processors which are often third party companies hired by a merchant to handle credit card transactions. Payment processors are broken down into two types: front-end and back-end. The front-end processors perform card associations, authorizations, and settlement services while back-end processors accept settlements from front-end processes and move money from issuing banks to merchant banks.
Modern payment processing is usually provided in the software as a service (SaaS) model, giving merchants a single simple electronic portal that allows them to process payments in various forms including recurring payments, web payments, checks, and more all in the same place.
POS & PAYMENT PROCESSING HEADLINES
RECENT POS NEWSLETTERS
FEATURED POS & PAYMENT PROCESSING PRODUCTS
SATO CG Series With superior performance and affordable price, these 2" or 4", 203 or 305 dpi, direct thermal/thermal printers are best in their class. The SATO CG Series models are delivered stock out of the box with competitive emulations onboard, optimal interfaces (built in USB standard), and an anti-microbial casing for outstanding performance in clinical and processing environments.
The PowaPOS SDK works seamlessly with your existing smartphone and tablet applications, empowering you to provide merchants with a complete, powerful point-of-sale system.
onePOS Restaurant Point of Sale Version 2.5 onePOS is a truly different Point-of-Sale system... With 15 years experience in thousands of restaurants, onePOS has created a system that is amazingly easy to use, finely tuned for high-volume operations, secure to protect your profit margin, rock-solid so you can depend on it everyday, and flexible enough to meet an incredible range of needs.
Harbortouch POS Elite combines state-of-the-art software with top-of-the-line hardware to deliver a high quality POS system that is unmatched in both reliability and usability.
POS & PAYMENT PROCESSING MULTIMEDIA
Podcast From ScanSource Partner Conference: Customer Experience, EMV, As-A-Service Are All Opportunities For VARs
Paul Constantine, president of ScanSource POS and Barcode North America, and Jim Roddy, president of Business Solutions discussed topics including enhancing the customer experience, the opportunity EMV presents to VARs, and transitioning to managed services at the ScanSource Worldwide Partner Conference for POS and Barcoding, March 16-18.
ScanSource Services Group Goal: "Total Solutions Provider" Support
Mike Burns, president of ScanSource Services Group, met with Business Solutions president Jim Roddy at the ScanSource Worldwide Partner Conference for POS and Barcoding, March 16-18, to explain how the group works with ScanSource partners to complement their businesses.
Podcast: Retail IT VARs Adapt To Changes In Payments, Security, And Business Models
At ScanSource’s Worldwide Partner Conference for POS and Barcoding, Greg Dixon, ScanSource’s CTO and technology evangelist, spoke to Business Solutions president Jim Roddy about changes in the retail IT landscape.
Podcast: Addressing The Challenges Of EMV
With an EMV liability shift quickly approaching, those in the retail ecosystem have differing opinions as to the urgency, need, and value of EMV upgrades. In this podcast, Business Solutions Editor-in-Chief Mike Monocello and Bill Lodes, director of developer partnerships at TSYS Acquiring Solutions talk about how VARs and ISVs should be viewing EMV.