The best way to accept donations online is going to be the way that works best for your organization. It matches your budget, feature needs, and performance expectations to make it easy to take online payments and raise funds for your cause.
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Learn how to set up Gusto payroll in this full video walkthrough. See the setup process step-by-step in real time so you can know exactly what you’re getting into before setting up your Gusto account.
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Apr 11, 2024
Filed under: Payroll, Small Business
The credit card industry has many players, from credit card issuers, to credit card networks, to merchant acquirers. Each handles a different part of a credit card transaction, allowing customers to draw on a revolving line of credit at checkout.
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According to the Nilson report, there were $932.85 billion in outstanding balances on credit cards in 2021. American Express saw the highest outstanding balances per card at $2,153, but had the lowest percentage of delinquencies among accounts that were carrying a balance.
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Credit card issuers extend customers a revolving line of credit with which to make purchases. This amount can be drawn upon, paid off, and then used again so long as the account remains open and the credit limit isn’t exceeded.
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When it comes to processing payments online, there is no such thing as a free lunch — transaction fees will be assessed. We hope that this guide has given you some understanding of the types of fees you’ll have to pay and the different pricing models used by merchant service providers to charge you for the cost of taking payments online.
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Mar 14, 2024
Filed under: Credit Card Processing
It will cost you more for features you might expect to be standard (reservations, customer loyalty, and online ordering to name a few) which can run up your monthly bill. There are fewer integrations available which is a blessing for easily-overwhelmed new business owners but a curse for quickly growing restaurants.
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Restaurant POS hardware is a worthwhile investment for an efficient restaurant. These are our recommendations for the best restaurant POS systems along with compatible POS hardware options and pricing.
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Mar 12, 2024
Filed under: Point of Sale, Restaurant POS
If your business only takes cash and runs on a small scale, you can probably get away with a traditional cash register or cash box. But with the prevalence of card/contactless payments, we would still recommend a basic card reader and POS system.
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Mar 8, 2024
Filed under: Point of Sale
Many kinds of businesses fall under the “food service” umbrella, including full-service restaurants, quick-service establishments, bars, and food trucks (or other mobile food operations). Some of these benefits will be better suited to one kind of eatery than another.
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Mar 8, 2024
Filed under: Point of Sale, Small Business