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How to Accept Payments Online in 2023

Ecommerce Platforms

Accepting a payment online is easier than ever before. Whether you’re a retail shop with a simple website, or a startup ecommerce store interested in accepting online transactions, there’s always room to expand your business with help from online payment processing. How Do You Accept Payments Online?

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Which Side Should Retailers Take In The ‘War On Cash’?

RTP blog

The credit card company has even gone so far as to offer some merchants $10,000 to upgrade their POS equipment in exchange for refusing cash payments. Moriarty cited the plight of the unbanked and those with poor credit, who lack access to higher-tech payment options. Cash remains a popular payment option in the U.S.,

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December 2020 COVID-19 + Ecommerce Update

ROI Revolution

Visit this blog post for more COVID-19 news about where the world of ecommerce has gone since last March when the pandemic started. Pandemic accelerates digital retail: Stats + trends. According to eMarketer data , as of June 2020, 30% of consumers indicated interested in mobile payments , up from 17% just three months before in March.

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How to Calculate Gross Profit Margin- A Guide For Retailers and SMB Owners

Korona

Let’s start by stating the obvious: the goal of any business, no matter its size, is to make a profit. And as a retailer or SMB owner, it is crucial to monitor your profit margins regularly as it allows an efficient allocation of resources. . Here are the critical points we’ll cover in this blog? What is the gross profit margin?

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How to Calculate Gross Profit Margin- A Guide For Retailers and SMB Owners

Korona

Let’s start by stating the obvious: the goal of any business, no matter its size, is to make a profit. And as a retailer or SMB owner, it is crucial to monitor your profit margins regularly as it allows an efficient allocation of resources. . Here are the critical points we’ll cover in this blog? What is the gross profit margin?

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How To Start a Retail Business: The Ultimate Guide

Korona

In recent years, the retail industry has experienced remarkable growth despite the economic consequences of the COVID-19 crisis. According to the National Retail Federation , the total number of retail locations in the U.S. In addition, during May of 2021, retail sales reached a record high of over $570 billion. .

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8 Simple Tips to Lower Retail Credit Card Processing Fees

Korona

Too often we speak with small business owners who underestimate the importance of finding the best credit card processing agreement. So it will be very valuable for business owners to know how they can lower their retail credit card processing fees. On average, businesses pay a processing fee of 1.5%