Liquor retail is a unique blend of speed, compliance, and customer service, and in this scenario, payment processing is a very complex operation. This is because, unlike other retail businesses, liquor retail POS systems require payment processing that is fast and strictly compliant with age-verification regulations. In addition, with the...
Reducing Credit Card Processing Fees Without Raising Prices at the Register
Every dollar matters to small businesses. Customers may find credit card payments convenient, but over time, the associated processing fees can subtly reduce profits. These expenses seem inevitable to many business owners—a cost incurred merely to meet customer expectations. However, those few percentage points can mean the difference between breaking...