“The greatest power you have is to talk with your people during times of change and uncertainty.” That’s how Dr. Robert Bies, the keynote speaker for RSPA INSPIRE 2016 in San Diego, began today, the final day of the conference for leaders in the retail IT channel.
VARs selling to SMBs should use these tactics to overcome their clients’ mPOS hesitations.
A VAR lands a $21,000 networking, POS, and managed backup sale for a new restaurant.
The sole proprietor of Harbortouch Lehigh Valley blends technical and creative skills to offer a unique set of services to a diverse client base.
EMV is only applicable for in-store, card-present transactions. This makes online payments a prime target for fraudsters. Many ISVs are now evaluating their online payment strategy to ensure it’s as secure as possible. It’s now time to update payment solutions to prevent the impending rise of e-commerce fraud for your customers. The best way to fight this online threat is by integrating security and payment solutions within the next few months.
Will 2016 be the year consumers ditch their card-carrying wallets for the digital variety? Will it usher in a trend of merchants adopting NFC (near field communication) technology to process mobile wallet payment transactions? It’s a payment solution several years in the making, but many indicators point to 2016 as the year mobile wallets finally turn that corner in the payments integration landscape.
Many resellers have enjoyed healthy success selling to community banks and credit unions. Here are the top four questions to keep in mind during your next visit with them. Opportunities are out there — you just have to ask the right questions and uncover them.
Industry statistics confirm that state-of-the-art technology is a company’s only formidable defense against data attacks. Unfortunately, most attacks target small and mid-sized businesses, which are often targeted due to assumed lower security.
Industry forecasts about mobile payments all basically point to the same conclusion — mobile payments adoption is going to increase in 2016, and for the next several years.
The ability to get customers in and out in fifteen minutes – as opposed to 30 minutes or longer – has tremendously increased a gastropub's business and cinched more repeat business.
Bematech provides a checklist of 15 steps you can share with your hospitality IT clients opening a restaurant. the list includes deciding on a concept, selecting a location, naming the restaurant, establishing a business plan, and applying for funding.
Today, electronic payments represent a significant percentage of transactions for even the smallest retail and restaurant operations. The U.S payment industry is undergoing one of the biggest changes in the past 40 years: EMV, a set of global standards for electronic payments, including specifications for point of sale hardware, software, and systems, as well as the payment cards themselves.
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.
Retail is the second-largest industry in the world by number of businesses and number of employees. Retail sales in the U.S. alone were over $4.5 trillion. The significant increase in online sales from e-commerce and rising fuel costs has made competition among retailers even tougher.
The Bematech LE1015 true-flat, bezel-free touch monitor is designed and manufactured to meet the requirements of retail and restaurant operations with their Point-of-Sale system. The highly rugged touch monitor includes a solid base with extra wide hinge for maximum stability. The LE1015 also facilitates quick and professional mounting of integrated magnetic stripe reader and VFD/LCD customer display.
Dr. Robert J. Bies, professor of management at the McDonough School of Business at Georgetown University, is the keynote speaker for Retail Solutions Providers Association (RSPA) INSPIRE 2016. In this exclusive interview, Jim Roddy, president of Business Solutions, asks Bies to share a preview of his presentation he plans for the event scheduled January 31 through February 3 at Park Hyatt Aviara Resort in San Diego.
In this Business Solutions podcast, Gary Staub, chief sales and marketing officer at Sterling Payment Technologies, discusses how retail IT VARs can capitalize on payment solutions.
In this Business Solutions podcast, Bill Lodes, director of development partnerships at TSYS Merchant Solutions, explains semi-integrated EVM solutions. There are two options to achieve EMV certification. One option involves a solutions provider programming EMV-capable transactions into its own software, a process that can take 6 to 8 months.
In anticipation of his presentation scheduled at Retail Solutions Providers Association (RSPA) RetailNOW on August 3 in Orlando, Michael Gerber, author of best-seller The E-Myth Revisited and five other E-Myth books on the topic of small business and entrepreneurship, speaks with Business Solutions magazine president and RSPA Chairman Jim Roddy in this exclusive interview.