Bookkeeping is essential to the running of a small business. It’s only by keeping a record of your business that you’ll have a fair idea of how well you’re doing and take preventive measures when the situation calls for it.

MG Handyman, a Houston-based handyman services company, wanted a solution to the flimsy credit card readers that constantly got misplaced. They didn’t think they would end up saving money too.

Many small businesses, home technicians, and other professionals had to make a sudden and complete transition to contactless payments to match consumer habits, which were skewing toward the technology well before the pandemic hit. COVID-19 may go away, but these consumer patterns aren’t going anywhere.

Getting a dispute can be really frustrating, especially after all the hard work you put in. Disputes are handled by the cardholders’ bank, and they require evidence to rule the dispute in your favor.

Small businesses have always been first hit by economic changes. The pandemic making maintaining cash flows for small business owners irregular is the most recent example. A report by JP Morgan Chase revealed that many businesses were affected primarily because consumers cut their spending.

According to a 2020 report by the Insurance Information Institute, consumers collectively lost $3.3 billion to identity fraud. The scares of Halloween may not be real, but if this statistic is anything to go by, the scare of choosing and using the wrong payment solution is quite realistic.

The COVID-19 pandemic has transformed the way businesses operate. Health concerns, the need to reduce human contact, and changing shopping habits have increased the use of contactless payment options.

Quick Response (QR) scan codes became increasingly popular with the beginning of the COVID-19 pandemic. These codes either store or link information about a product or service, allowing businesses to accept contactless payments.

An automated payment system is a digital payment solution that facilitates enterprises with cash exchange through credit/debit cards and mobile applications. The process ensures cheaper transactions are easily made through card readers and online scanners.

The process of managing your business can be made much easier using specialized applications and software. You can also run your handyman business through your phone by managing customers, writing notes, accepting online payments, tracking payments, and creating orders.

QR codes are often perceived as a convenient, fast, and easy way to share information. They can be found everywhere, from billboards, magazines, newspapers, and even on the sides of buses. QR codes are now also being used as a payment method globally.

Mobile Payment Solution systems are payment gateways for small businesses, home technicians, home service providers, and workers with non-digital jobs. They first popped up somewhere around the turn of the century and have come a long way since then.

Digital wallets are becoming increasingly popular, and with good reason. They make life easier! But before you start using one, you need to know how they work, what they can do, and how they differ from traditional payment methods.

QR code payments have a long way to go in the US. Their rise began with COVID-19, when global interest started shifting towards bringing contactless payment apps to customers. Since then, this payment solution has emerged as a much-needed lifeline in retail, home services, and other small businesses.

QR codes are often used to track product information in a supply chain. Built-in QR readers in smartphones also enable easy marketing and advertising. Moreover, restaurant owners are now using QR codes that offer diners a contactless way to view the menu and place orders. QR codes can connect with any URL to help restaurant owners build customer loyalty in several ways.

Accepting digital payments has become essential for businesses in today's digital age. Here are some best practices to consider when accepting digital payments

Disputes can be raised by customers in any business transaction, and they can be challenged and eventually won only by sharing solid evidence.

Getting a dispute can be really frustrating, especially after all the hard work you put in. Disputes are handled by the cardholders’ bank, and they require evidence to rule the dispute in your favor.

MG Handyman, a Houston-based handyman services company, wanted a solution to the flimsy credit card readers that constantly got misplaced. They didn’t think they would end up saving money too.

Around The Town Moving & Storage wanted to give customer’s a better, more secure payment solution than calling up the office and giving their card details.

Denver-based Emergency Locksmith wanted a substitute for the card readers he kept forgetting. But he did not think he would end up giving his customers a better experience and more payment choices.

Mobile POS systems have, by and large, replaced cash registers and manual bookkeeping. These innovations have reduced human error, oversight, and fraudulent activity for smaller businesses that previously lacked a proper payment gateway. And that’s not all these apps have done.

In 2020, mobile payment technology collectively welcomed 6.5 million users, most of whom were Gen Z and millennials. They’ve streamlined the technological aspect for several small businesses and professionals.