SALES: 888-902-6227 | SUPPORT: 888-902-6227      info@getvms.com

Small Business Insight

Clover vs. Square: Choosing the POS Solution to Fit Your Business' Needs

Jun 13, 2016 | NewsArticlesBusiness InsightCloverSquarePOS

There are many things to consider when choosing the best POS solution for your business. Your decision on the system may be based on your need at the time, the aspects of your POS you'd like to address, or even the cost effectiveness, or value of the system. Does the system make your inventory management easier? Will that system enhance or detract from customer loyalty? Can you manage your staff in a few clicks of a button?

Clover Mini: The Credit Card Terminal of the Future!

In June 2015, First Data launched a new and improved addition to payment technology and service solutions with the Clover Mini. This POS solution provides business owners with an all-in-one way to make keeping track of transactions as well as processing those transactions for business owners. Payments are facilitated in what is a safe and secure environment for both the customer data and business data.

Why is the U.S. Finally Moving to EMV® Smart Chip Technology?

We are all pretty familiar with the chip card (credit card) changes finally happening in the United States. That's right, we said, finally. Why now, when most of the Europe embraced the technology in 1994? Yes, the 90s! Maybe it's because the U.S. ranked #1 in card fraud over the last five years (approximately; $8.6 billion), due to lack of security, the financial institutions think it's a good time to start. 

8 Tips for Creative People who Want to Start a Business

If you have a creative mind, starting a small business might seem like an excellent idea. Creative people have the ability to build amazing inventions or modify existing ideas to meet consumers' needs and desires. Working for yourself is an awesome feeling that every creative person craves. However, creative types tend to struggle with certain components of business like accounting, finance and sales. These individuals also tend to find that they do not excel in business negotiations with suppliers, merchants, and potential partners. Let's take a look at how a creative person should embark on his small business venture.

Clover Station vs. Square Stand, What's the Difference?

Jan 18, 2016 | NewsArticlesBusiness InsightCloverSquarePOS

There are many things to consider when choosing the best POS solution for your business. Your decision on the system may be based on your need at the time, the aspects of your POS you'd like to address, or even the cost effectiveness, or value of the system. Does the system make your inventory management easier? Will that system enhance or detract from customer loyalty? Can you manage your staff in a few clicks of a button?

How to Avoid Intentional Fraudulent EMV Chargebacks

Whether or not your business is brick-and-mortar or eCommerce, EMV® smart chip technology is having an impact on your business. So what does this mean? Some companies have embraced the new technology but have not set up processes to mitigate the possibility of fraudulent EMV chargebacks. At times, it can be difficult to discern those consumers out to get something for free from others that have just forgotten to update their new card information or have sent in an innocent inquiry to their banking institution. 

The Best Ways to Accept Payments [infographic]

Nov 04, 2015 | ArticlesBusiness Insight

Looking to accept credit card payments but you're not sure what would be the best for your business? Whether you are a new business or just shopping around for new or updated technology, it can get pretty overwhelming. 

A lot of small business owners get frustrated when their sales consultant forces a particular piece of payment equipment upon them. We wanted to simplify things for you by listing common payments solution types (infographic).

 

Merchant Services: 10 Things To Ask Yourself When Shopping Around

Oct 30, 2015 | ArticlesBusiness Insight

Let’s face it, no one enjoys shopping for a new credit card processor or merchant services provider. All the rates, the fees, the equipment, the “we’re better than the other guys” can get frustrating rather quickly

It’s overwhelming, it’s confusing, it takes time that you may not have, and it’s another expense that is part of running a company. On top of all of this, you may be getting 15-20 calls per week about accepting credit cards at your business by 15-20 different agents or sales offices telling you why you should choose their products or services.

PCI Compliance and Data Breaches and Small Business, Oh My! [infographic]

Sep 18, 2015 | ArticlesBusiness Insight

 As technology advances, so do the criminals who exploit weaknesses within the technology. 2014 saw more security breaches than ever, most of which occurred within small businesses.

As a follow-up to last week's PCI compliance blog post, we decided to do some research on security and breaches as they relate to small business. Achieving and maintaining PCI compliance is an important step in staying protected against criminals who may try to steal sensitive data or identities, and it should be made a priority within your business.

What is PCI Compliance and How Does It Affect My Business?

Sep 16, 2015 | ArticlesBusiness Insight

If your business accepts credit card payments, you’ve probably heard the term “PCI compliant” before. But what do you need to do to be PCI compliant and how does it benefit you as a merchant?

PCI compliance is a lot like exercising regularly for your credit card processing. Although it takes effort to achieve and can be a bit annoying, the benefits are worthwhile. It also cannot be achieved in one sitting; PCI compliance is an ongoing effort to prevent fraud and data breaches.