POS Trends and Insights Articles

History of Credit Card Surcharges and Cash Discounts

   In today’s retail market, there are several strategies that merchants are increasingly using to defray the cost of accepting credit cards.  All these are meant to effectively pass on the cost of accepting credit cards to the consumer at the point of sale. ...

Flat Rate Pricing vs Tiered Pricing

Flat Rate vs. Interchange Plus vs. Tiered Pricing Schemes Unless you are a payment expert, it’s often challenging to understand your monthly credit card statements and associated processing fees, depending on your plan.   There are lots of unfamiliar terms, multiple...

How to Switch from QuickBooks Desktop to QuickBooks Online

How to Switch from QuickBooks Desktop to QuickBooks Online   QuickBooks Financials is the world’s most popular accounting software program for small and medium-sized businesses.  QuickBooks is owned by Intuit and the various versions of QuickBooks are used by...

Pros & Cons of Cash Discount Programs 

There are two types of programs that have become popular with certain types of businesses - cash discounting and credit card surcharge.  With a credit card surcharge, the credit card terminal charges an extra fee when a card is used - with that extra fee shown...