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As more American consumers utilize next-generation payment methods like touchless transactions or smartphone payments, there’s a general sense that we’re headed toward a cashless world. If you’re trying to decide whether you should accept creditcardpayments, it’s never been easier.
POS software is the technology used in tandem with point of sale hardware—such as a card reader mounted to a smartphone—to process and monitor sales, track inventory, store customer data, integrate with systems and databases, and a variety of other functions. Others allow you to use their system for free but charge you per transaction.
A few examples of actual niche marketing companies include: Square : This point of sale company offers simple software to many small businesses that were unable to process creditcardpayments or needed an easier way to handle these transactions. The Bottom Line.
Payment solutions come in all shapes and sizes, and that’s important to keep in mind when talking about merchant services like WePay. Launched in 2008, WePay is a payment processing solution designed for software platforms that need to be able to allow their users to send and receive payments. . processing fee.
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