Bars and restaurants are enjoying a renaissance in the U.S. and around the world — craft beer, delicious wine, and exciting cocktails are once again enticing people out of their homes. If you’re a brewer, bar manager, brewpub owner, or restaurateur, it’s important to create, brew, and sell the styles of drinks your customers really want. Additional...

We’ll break down the fees you’ll need to pay for taking payments in different currencies. In this article, we focus on popular “flat rate” payment providers in the US including Braintree, Authorize.net, PayPal, Stripe, and more. In some cases, it may be less expensive to take international payments with an interchange-plus processor. Note tha...

Cloud computing changed the way many businesses operate. Software companies in both the B2B and B2C sectors increasingly moved toward cloud-based, software-as-a-service business models. But is it worth it for your business? The debate almost makes it appear that your only two options are traditional cash registers and a cloud-based POS. There ar...

In 2017, CNBC noted that Republicans planned to drop a proposed repeal of the Durbin Amendment. Additionally, financial and political publications have reported on the possibility of expanding provisions to cover credit cards, not just debit cards. In 2022, Forbes published a piece suggesting that expansion to credit cards is a bad idea and that C...

By now, you’ve probably seen announcements asking for donations through text messages. Various charitable organizations like the Red Cross have made donating easy – just text a particular word to a short (usually 5-digit) number to make a $10 donation. The amounts and other variables can be adjusted for different purchases or donations. But you do...

Note: As of 2023, Rhombus appears to no longer be in business. We're leaving this article for historical purposes, but it will no longer be updated.   Powered by Stripe, it offers a dedicated number for accepting text payments at both for-profit businesses and non-profit organizations. Additionally, it provides a messaging platform for custo...

The software integrates with processors and POS systems to provide detailed reporting in several categories related to payments. If your current processor’s reporting options aren’t giving you the information you need, a third-party option can provide greater insight. Let’s take a look at Red Carpet’s capabilities, costs, and reviews. Red Carpet...

Founded in December 1998, PayPal is a worldwide online payments system that operates as a payment processor, money transfer, and other electronic payment services. It’s a leader in the industry, with millions of active accounts. But PayPal is not without detractors. Some customers complain of account freezes or unhelpful customer service, while ot...

There are some obvious places to start when evaluating where to plan for growth in your business - like sales or marketing - but one area that is often overlooked is how your business accepts payments. It is easy to fall into a routine with whatever processor you started your business with, but it is often worth an exploration to see if you are get...

But, as Digital Transactions notes, there’s still confusion about who must be certified, and what the  requirements actually are. Here’s what you need to know. This article focuses on the new QIR requirements. For details about PCI compliance and validation, including Visa’s Technology Innovation Program (TIP) validation exceptions, please visit...