POS Software Blog

Independent merchants are faced with many challenges in controlling costs and maximizing ROI for their businesses.  One of these challenges comes in the form of fees paid to credit card companies.  This area can be quite confusing for some merchants due to the layers of complexity involved in the payment processing industry.  As a POS solution provider, I have gained some insight on how the industry works and did my best to simplify the structure of those layers in a previous blog post located at this link – https://blog.posprophetsystems.com/blog/bid/110007/Paper-or-Plastic-Payment-Processing-Considerations-from-an-Objective-Source.

Setting Prices

I've always been fascinated with how words take on new meaning within particular industries or social circles. In retail and hospitality, the word "ring" is a prime example. Anyone who has ever worked as a clerk, a cashier, a server, a bartender, a delivery person, etc is familiar with "ringing" up a customer or guest check. The derivative of this industry-specific term is the sound made by a cash register drawer. Most older cash registers contained a bell that would ring each time the cash drawer fired open. Many modern-day computer peripheral cash drawer devices used with automated POS (point-of-sale) systems also contain optional bells that will ring each time the POS system fires the cash drawer.

The busy Holiday shopping season is just around the corner.  The kids are back to school.  The days are getting shorter and the nights are getting longer and much cooler.  It’s time for merchants to start preparing for another busy time.  Whether you operate a retail shop, a coffee shop, a small café or a children’s play center, the Holidays will impact your business and it is time to prepare.