If there’s one thing most consumers look for when shopping from a business, it’s a convenient payment method. Electronic payment systems are some of the most beneficial developments of the technological era. Read on to learn everything you should know about these payment solutions.

One of the most important aspects of any small business is keeping track of finances. This can be a daunting task for entrepreneurs who often juggle two or three jobs at once, but it's vital to success.

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.