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.

In February 2021, 85% of Americans were reported to own a smartphone. The statistics were a stark contrast to the 35% of Americans who owned a smartphone back in 2011. The new trend is indicative of the fact that most Americans are well-acquainted with the latest technology. Global statistics are no different.

Running a small business is never easy, not least because of the payment process. You have to be self-sufficient and still provide the customers with a payment gateway that can accommodate different customer preferences.

Household services are jobs of a domestic nature requested by homeowners for the proper running and maintenance of their property. They include everything from cleaning to cooking, and basically, everything else that keeps a house in running order.

In mid-2020, a US Bank study found 82% of the time that businesses failed had to do with the fact that they didn’t understand their cash flow. The lockdown only made things more unpredictable for small businesses and created an 'all bets are off' situation for those who did manage their cash flow properly.

Tis the season of falling leaves, pumpkins, and all-things-orange. It’s also the time of year when people would prefer staying indoors over leisurely strolls in the outdoors. If you’ve just opened a small business, you may not attract many customers with traditional marketing efforts like attractive signage and billboards.

Technology has revolutionized many commercial sectors and made matters convenient for organizations and their clientele. Newer ways for information exchange and financial transactions are making operations more productive.

QR code payments are short for Quick Response code payments because they allow users to access information almost right away. Like all things electronic, their usage grew by an impressive 11% in the pandemic’s wake.

Are you a retailer sick and tired of your enterprise’s billing problems? As a retailer, billing is something you can’t avoid. It’s one of the busiest sides of the business. You have to be careful to charge the customer correctly.

ScanPay is unique in that it allows service providers to create invoices and collect payment immediately on the job site without the need for additional hardware or card readers.

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.

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.