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What is a merchant services provider?

What Is A Merchant Services Provider?

Payment service providers (PSPs) streamline the process of obtaining credit card processing services by aggregating all users into a single merchant account. This eliminates the need for a lengthy underwriting process before a merchant can be approved for an account, but also increases the chance of a hold, freeze, or account termination. Your business will not receive a unique merchant ID number if you sign up with a payment service provider. Well-known PSPs include Square, PayPal, and Stripe.

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Jun 15, 2023 Filed under: Credit Card Processing

The Best Fiserv Competitors: 6 Great Alternatives to Fiserv (Formerly First Data) Payment Processing

You are swearing First Data off forever, so it’s never getting another cent from you. You want options. We have good news — you do have options. These processors are almost as large as First Data, which means they might also not be easy to work with either. Fortunately, they also work with a lot of very good resellers that provide an excellent customer experience.

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Feb 16, 2024 Filed under: Credit Card Processing

9 Best iPad POS Systems For Small Business

iPad users are notoriously loyal to their devices. If you fall into this category and are hunting for an Apple POS system, you’re in luck. Many of the best tablet point of sale systems were specifically designed to run on iOS — there’s almost certainly an option that will meet your needs. Read on for a look at the best iPad POS systems, including Square, Lightspeed, and TouchBistro.

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Dec 11, 2023 Filed under: Point of Sale
POS systems for franchises

6 Best Franchise POS Systems In 2024

The business format franchise is most common, where a franchisee pays a fee for the rights to the franchise brand and operations. The management franchise gives franchisees the basic rights to the brand but offers more flexibility. The product-distribution franchise is where a franchisor sells a franchisee brand-name products that they may resell.

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Jan 8, 2024 Filed under: Point of Sale

Best Tablet POS Systems For Restaurants

Chances are, if you’ve done your research, you’re looking into at least a few systems that are Android, iPad, or tablet-based. Tablet POS systems can be a server or manager’s best friend. Read on for an in-depth look at some of our favorite restaurant tablet POS systems.

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Dec 11, 2023 Filed under: Restaurant POS

Top 7 Equity Crowdfunding Platforms For Businesses & Entrepreneurs

Equity crowdfunding has only been around for a few years. Suffice to say, it is a work in progress. If you play your cards right, however, it might be just the thing to take your startup to the next level. If you’ve done your due diligence in preparing your offering and you possess the ability to excite investors, professional and amateur, then it’s certainly an avenue worth exploring.

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Dec 1, 2020 Filed under: Business Loans, Crowdfunding, Peer-to-Peer Loans