Business Payments
Whether you’re paying suppliers or processing customer transactions, payments are a necessary part of keeping your business running. Business payments require the right technology and agreements to keep your business profitable, while the best tools generate vital payments data that impacts your bottom line. Manage accounts payable and receivable with these resources.
With this guide, learn how a point-of-sale (POS) system can transform your business by increasing sales, maximizing results and reducing waste.
Lightspeed, Helcim and Clover offer retail POS systems with inventory management, sales analytics and customer engagement features.
Credit card processing laws ensure secure payments by requiring PCI compliance, fraud prevention, and adherence to federal and state regulations.
Accepting credit cards requires a payment processor like Square or Stripe, a merchant account, and hardware like POS terminals. Fees range from 1.5% to 4%.
Square, Clover and Toast offer coffee shop POS systems with order customization, inventory management and loyalty program features.
Reduce chargebacks through clear return policies, detailed receipts, prompt customer service and thorough documentation for all transactions.
Stax and Square give merchants an easy and convenient way to accept credit cards. Learn how their features, plans, pricing and integrations compare.
Stripe is ideal for online businesses needing customization, while Square suits in-person sellers with free POS tools, transparent pricing and fast setup.
Top PayPal alternatives include Stripe for e-commerce, Square for POS, Authorize.Net for multi-channel payments, Shopify Payments, and Braintree by PayPal.
Construction firms should choose ISO/MSP processors for large, varied payments and mobile POS systems to accept credit cards in the field and online.
Credit card receivables financing advances funding based on future sales with high approval rates. Factor rates tend to be 1.1-1.5 with 10-20% holdback rates.
PayPal charges 2.89% + $0.29 per online transaction and 2.29% + $0.09 for POS payments. No monthly fees make it affordable for startups and small businesses.
Square suits high-volume businesses with lower online fees and robust POS tools at 2.6% + $0.10. PayPal works for low-volume merchants needing flexibility.
Merchant One charges interchange-plus pricing with $13.95 monthly fees and 24/7 support. Square offers flat 2.6% + 10¢ rates with no monthly fee on basic plans.
Stax charges flat subscriptions ($99-$199 monthly plus 8-15¢ per transaction) for high-volume businesses. Stripe charges 2.9% + 30¢, better for e-commerce.
You can accept iPhone payments with credit card readers from processing companies like Clover Go, Square Reader, PayPal Zettle, Helcim, Payanywhere, or SumUp.
Secure online payments with 2FA, SSL certificates, PCI DSS compliance, cyber insurance, and secure platforms like BigCommerce, Shopify, and WooCommerce.
If you plan to outsource payroll, CPAs and payroll services are good options. Here's a look at what CPAs and payroll services offer and how much they cost.
Completing a payment should be the easiest part of your customer's journey. Try to make it as fast and straightforward as possible for them.
Choosing a processing system to handle payments is an important part of your business. But there is a register to fit every establishment’s needs.
Streamline your medical billing process – and receive payment for your services faster – with these suggestions.
Managing payroll forms is a necessary part of owning and running a business. Learn about the payroll tax and report forms business owners must understand.
Some restaurants have started accepting Bitcoin as payment. Learn the pros and cons of accepting Bitcoin in restaurants and how to get started.
Clover and Toast are payment processors that can provide POS functionality and hardware. Learn how their features, service and costs compare.
Shopify and Square are two popular POS systems for e-commerce. Learn how Shopify vs. Square compares and where each one stands out or falls short.
Shopify Payments charges 2.25% to 2.9% plus 30 cents per transaction. The platform integrates directly with Shopify stores and includes fraud analysis.
QuickBooks, Rippling, Gusto and Zenefits are among the cheapest payroll services that also boast a range of features for small businesses.
Ready for your business to accept credit cards? Consider these 10 credit card payment services to choose the right one for your small business.
Businesses accept credit cards to increase customer satisfaction and boost the bottom line. Learn everything you need to know about credit card processing.
If your company wants to accept credit cards, you should know all about merchant accounts and payment facilitators. Here are the essentials.