In the past few years, mobile processing has revolutionized the way in which many business models operate, as well as create an avenue for start-ups to get their proverbial feet wet. For example, we all know that most new businesses fail within the first two years. Rather than invest in a physical location, massive inventory, or huge upfront costs, budding entrepreneurs can experiment on a small scale to demonstrate proof of concept.
Category: credit card service
NerdWallet and NASDAQ on the Wise Use of Credit Cards
We often hear that too much use of credit cards — as opposed to debit card use — is a sign of household budgetary woes, and eventual drowning under unmanageable interest. And when credit cards are used simply to “borrow money,” during times of economic distress, this may well be right. But this week comes two different articles, one on the Nerdwallet website, the other on NASDAQ’s, espousing both the frequent and judicious use of credit cards. Not to pile up debt, but rather, to reap the rewards and actually manage household “money” better.
Pop-Up Businesses—A Unique Concept That Helps Both Entrepreneurs and Their Communities
In our post-recession economy, the pop-up business model is taking millennials by storm. Sometimes referred to as a “finite business,” pop-up businesses capitalize on buzz and transform entrepreneurial creativity into a unique experience for both the operator and the community. The rise of pop-ups began around 2008, when the recession created a virtual vacuum in the business world. With so many businesses going under, we experienced a rise in vacant properties with no long-term purchase and rental prospects in sight. However, the short-term pop-up business could bring interest back into a property, thus benefiting both a cash-strapped entrepreneur and a struggling property manager.
Is Your Business Ready for a Busy Holiday Season?—Why Mobile Processing Can Help You Serve Customers
The holiday shopping season is officially in full swing. Early bird shoppers have clamored to check gifts off their lists while others still bide their time, hoping for the best deal. The holiday season — and the “sale season” after — will bring an increase in customer traffic to your business. However, just getting them in the door isn’t enough. You need to understand what challenges stand between your business and actually concluding customer interactions with sales. Here are some important points to remember about potential customers this season:
Think Beyond the Storefront—How Mobile Processing Can Expand Your Customer Base
While your brick-and-mortar business has been moderately successful, you may need to re-think how you approach expanding your customer base. Special events like farmer’s markets, fairs, community festivals, or even sports events sometimes welcome vendors across any genre. By taking your products and services out into the community, you open up your business to easy exposure and the potential for reaching an entirely new audience. However, to help support business mobilization, you also need to incorporate mobile credit card processing to capture the most new customers. AVPS can help set you up with the right tools so that anywhere you are you can make every interaction a sale.
New Employee Training—Why You May Be Missing Something in Your Training Program
Here’s a question for our retail clients: When you train a new employee, what do you think are the most important things they need to know? Chances are that you first focus on conduct, company culture, and an overview of your policies and procedures. You walk them through their duties and maybe even have them shadow other employees for a while. When it comes to payment processing, however, are you giving them the right training and enough of it? If not, you could be setting your business up for long-term security issues.
Simplify and Secure Your Payments With (Free!) Visa Checkout!
Visa has rolled out its free “Checkout” service for customers and merchants, to help make the act of paying even easier, and more secure. Essentially, Visa Checkout is a digital payment service that lets customers use a single, secure sign-on across channels and devices using a their preferred payment method.
The Back to School Rush—Are Your Payment Processes Ready For the Challenge?
It’s the most wonderful time of the year! Well, for parents it is. While kids are bemoaning the inevitable return to homework and early bedtimes, parents are remembering what it’s like to not be 24/7 entertainment directors. For retailers, this period is also a huge sales boost across most industries. While school supplies, electronics, sports gear, and apparel top most school sales, we also have plenty of college-bound students who need household wares, cars, and gift cards.
Should Your Business Use Mobile Credit Card Processing?
If you own a business and you are constantly on the move for business appointments and meetings, then you should consider the ways you can improve payment systems by using mobile processing. There are several ways that you can easily integrate credit card processing on the go, and these systems make it easy for you to accept payments from any location.
Mobile Processing Allows You to Process a Transaction from Anywhere
Before the invention of the smart phone and tablet, businesses were limited with the types of transactions that they were able to process. In the store, credit card transactions could be processed through an in-store card reader, but it was difficult to take credit card payments from any other location. For a long time, businesses only accepted cash or check payments when they were on the road or at trade shows, but it sometimes limited the number of customers that could make a purchase.
