Entrepreneur

How to Find the Right Payment System

In a mobile economy, being able to simply process credit cards is no longer enough. Here's what to look for as you search for a payment-system provider.
Source: Monkographic | Getty Images
Monkographic | Getty Images

1. Prioritize Anytime, Anywhere Payments

From Joey Rault, head of enterprise sales, Square

If you’re a quick-service or retail franchise, a traditional sale means a customer is entering a physical store and purchasing an item. But customers’ expectations of convenience keep getting higher, so we’re seeing many of the franchises, a great place to sell is outside the store in the summer, or at the local high school football game. When you’re looking for a merchant service provider, be sure to choose one that can, in any circumstance, allow you to accept all forms of payment: mag stripe, chip cards, mobile payments, and gift cards. 

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur3 min read
Sunco Industries Co., Ltd
Following a record-breaking performance by its stock market, Japan topped off 2023 with a third straight quarter of improving business sentiment as its largest firms continued to grow more optimistic. In the Bank of Japan’s final ‘tankan’ survey of t
Entrepreneur5 min readCorporate Finance
How to Build the Next Huge Thing
Want to start, fund, and sell a major company? Spencer Rascoff has some advice on that—because he’s seen it from all sides. As a founder, he first cofounded the travel-booking site Hotwire, which he sold to Expedia. He then cofounded Zillow, which he
Entrepreneur3 min read
You’re Never Out of Options
YOU’VE HIT a wall. Maybe it’s an idea that won’t work. A pursuit you were rejected from. An effort that failed. Now you feel stuck and frustrated. I’ve felt it too—but I learned four simple words that help me move past it. I think they can help you t

Related Books & Audiobooks