Interested in B2B payment processing methods? FLO Business Solutions is here to cover your options. Learn the ropes below!

What is “B2B” compared to “B2C”?

If you’ve heard of B2B, you’ve probably come across B2C as well. The question is: What sets them apart?

Answer:

B2C: “B2C” refers to business to consumer. This is the type of business that sells directly to individual consumers. Think small businesses on Etsy, for example, or big businesses that sell large quantities of product to large quantities of customers. While each approach has its pros and cons, when it comes to payment processing, conventional wisdom is that B2C is easier than B2B. At least on the business’s end.

B2B: “B2B” refers to business to business. Rather than selling to individuals, you’re selling to your fellow businesses. Often, this means selling larger orders. While this can be high reward, it also adds a bit of complication on the payment processing end. When selling business to business, you’re often trying to maintain longer-term relationships. You want repeat orders, and a part of that involves ensuring that payments are processing accurately and on time. Trust is key. As such, it’s crucial that you master B2B payment solutions.

What makes B2B payments different from B2C payments?

A few factors set B2B payments apart from B2C payments. Much like B2B is fundamentally different from B2C on a broader level, B2B payment processing has different needs.

Keep in mind that B2B marketplace payments tend to require more time. The amount of money involved can be a lot higher than it is with regards to individual consumers. This means the approval and settlement of the payment can take longer—days or even weeks. In short, you’re generally going to require more complex payment software for B2B than you would for B2C.

What is the B2B payment processing method?

There isn’t one type of business to business payment method. Rather, the marketplace offers a few different options to business owners. In fact, some B2B sellers prefer to offer their clients multiple options. Not only does this expand your potential client base—it can also help ensure repeat business. Of course, this means you’ll want to work with a vendor that can match your needs as well.

Some of your B2B payment options include:

• Virtual business to business credit card processing
• ACH payment processing
• Digital wallets
• Electronic checks (eChecks)
• Wire transfers
• Commercial credit cards
• Paper checks

Needless to say, some of these options are more common than others. You don’t see quite as many B2B sellers accepting paper checks these days! But nonetheless, your operation is your operation, and it’s important to familiarize yourself with the pros and cons of multiple solutions.

How do B2B payment processing solutions work?

Commercial credit cards. One of the most popular B2B payment solutions, commercial credit cards, remain quite common. Although they come with processing fees, buyers fall back on them often, in part due to their familiarity and reliability. As a seller, however, you may run into a few drawbacks. Each credit card transaction costs the seller, which naturally adds up over time. Still, it’s difficult to decline credit card payments, simply because of their prevalence.

Want to accept business payments while cutting down on credit card fees? You have options. New technologies help reduce manual processes, creating a more automated system that increases cash flow. Rather than focusing on credit card payments, you and your team can focus on more high-level endeavors.

ACH (Automated Clearing House). Another common B2B payment processing method, ACH, allows you to process payments electronically. It’s quick, convenient, and affordable. Essentially, ACH connects businesses across the United States. It transfers funds from business to business, even when those businesses use different banks. It’s possible to utilize ACH transfers internationally, but intermediary verification can slow the process down.

Wire transfers. Although not as popular domestically, wire transfers do remain more common than ACH when it comes to international payments. We usually manage wire transfers through RTP, CHIPS, or Fedwire. The great thing about this method is that as soon as the money hits the target account, it’s available. However, its lack of security presents concerns for B2B sellers and buyers.

Frequently Asked Questions

Still have some questions about B2B payment processing? Luckily, we have some more answers!

How do virtual credit cards differ from commercial credit cards?

Functionally speaking, virtual credit cards don’t differ too much from their physical counterparts. You can place limits on how often they’re used and by who, and they tend to be very secure. They may come with similar expenses associated with physical B2B card processing. But similarly to physical cards, we can potentially cut these expenses with more recent technology.

What’s the difference between eChecks and paper checks?

Aside from the obvious differences—one is electronic, while the other is paper—eChecks tend to be faster. Plus, they’re less expensive to manage than paper checks. They offer all the conveniences of any digital payment methods, with fewer drawbacks than paper checks.

All that being said—B2B sellers use paper checks surprisingly often, more so than the average individual consumer. Why? We’re not quite sure. It could be simple habit, or a sense of comfort that comes with a physical payment. However, digital methods are easier, often less expensive, and generally more secure. As you process large payments and scale up your ecommerce business—while working with clients who may not be physically close to—you’ll have more options with digital methods.

What are the benefits of Level 2 and Level 3 processing?

Since there is more information about a transaction and thus additional transparency and security, Level 2 and Level 3 processing have a few additional benefits. These include:

• Lower interchange fees
• Easier tracking and verification
• More data collection points
• Better compliance

Which method is right for me?

That depends greatly on your business and your goals! Fortunately, FLO Business Solutions is here to help you find the perfect solution. Get in touch with us here or call (803)-887-7356. Let’s find the perfect B2B payment platform for you.

Do you feel trapped in your job and want a career change? Or, are you looking for new sales representative jobs that make you feel appreciated? Then, this blog is for you! Below, we discuss the best sales jobs we know of at FLO Business Solutions.

If you’ve never considered a job in the merchant services industry or a credit card processing business opportunity, you’ve been missing out. Luckily, FLO has some opportunities and information for you! Visit our careers page or call us at 803-887-7356 today!

Keep reading to learn more about sales jobs hiring near me.

Are You Ready for the Best Sales Jobs Available?

Has your sales career reached a crossroads and needs a boost? Did you answer Si! Oui! Yep! Yessir! Yes ma’am! Or, it is that time of the year again.

This is the season when so many professionals, especially sales professionals, are asking themselves …

1. Is it time for a change?
2. Am I valued, appreciated, and being treated right in my current role and organization?
3. Does my current role and workplace allow me to meet my goals?
4. Am I getting paid what I’m worth? Am I able to grow my income or am I capped?
5. Heck… Do I work with people I like and respect, and do they like and respect me?
6. Are my valued clients treated right and fairly?

So, is now the time to explore your alternatives? The answer is yes, why not!

After all, you know your value. Plus, let’s face it, if you don’t get excited about going to work every day and doing what you do, exploring options is worth your while.

FLO Business Solutions Culture Focuses on Appreciation and Purpose

How we define culture at FLO is simple.

1. How does it feel to work here?
2. How does it feel to be a client here?

So, why not find a new home, a new sales and business development role? Discover a place where you can get excited and truly enjoy the people you work with. Choose purpose driven work and a cause – and earn what you are worth in a sustainable and thriving industry.

Research continues to reveal that employees have a strong desire to feel appreciated in the workplace by their managers, owners, and even peers. At FLO, we place high value on relationships and doing what’s right by people, first, and always.

Why Might FLO Be the Right Workplace for You?

Outside of our excellent work culture, there are so many other reasons to work for us! Here are merely a few!

• We care about your success and overall satisfaction.
• Work/life balance is always a priority.
• There are unsurpassed compensation plans to help employees build wealth.
• No micro-management, ever.
• Comprehensive benefits packages to keep you and your family healthy.
• We reward employees and offer amazing incentives, like trips.
• Build great relationships with your fellow co-workers and leaders at quarterly group outings.
• Full training and development options are available.

What Jobs Do We Have at FLO Available?

Now that we’ve piqued your curiosity at FLO, you might be wondering what sales rep jobs are available. Don’t worry, we not only have jobs to help you build a successful sales career, we have some of the best sales jobs around. Moreover, there are two major career options at FLO:

1. Merchant Services Jobs
2. POS Sales Jobs

Keep reading to learn more about how to sell credit card processing, our highest paying jobs, and ultimately sales jobs hiring near me.

Merchant Services Jobs

The merchant services industry plays a crucial role in the economy by facilitating electronic payments for businesses. Here are several reasons why one might consider a career in this industry:

1. Growing Demand: With the rise of e-commerce and digital payments, there is a consistent demand for merchant services. Businesses need reliable payment solutions to operate efficiently.
2. Diverse Opportunities: The industry offers a variety of roles. These include sales and customer support to technical positions in payment processing and fraud prevention.
3. Innovation and Technology: The sector is rapidly evolving with advancements in technology. These include mobile payments, contactless transactions, and blockchain. This creates opportunities for those interested in tech-driven solutions.
4. Impact on Businesses: Working in merchant services allows you to directly impact businesses. For instance, help them streamline their payment processes. Thus, you improve their profitability and customer satisfaction.
5. Potential for Growth: Many companies in this field promote from within. Consequently, this provides opportunities for career advancement. There are also opportunities to specialize in various niches, such as high-risk merchant accounts or international payment solutions.
6. Networking: The industry offers chances to connect with other professionals, attend events, and build relationships. This can bolster your career.
7. Compensation: Many roles within the merchant services industry offer competitive salaries and the potential for commission. Especially, this is true in sales positions.
8. Flexibility: Some roles may offer remote work options, flexible hours, and the ability to work with a variety of businesses. This includes working with small startups to large corporations.

More Answers About Merchant Service Jobs

If you have specific interests or questions about the merchant services industry, feel free to ask FLO! Don’t wait to hear more about merchant services sales jobs and starting a profitable career selling merchant services. Visit our careers page to learn more or apply. Once we get your application, we can discuss a merchant services sales rep salary.

POS Systems Sales Jobs

A career in software development, particularly in point of sale (POS) systems, can be highly rewarding for several reasons:

1. High Demand: The retail and hospitality industries continually seek innovative POS solutions to enhance customer experience and streamline operations. This creates a consistent demand for skilled professionals in software development and POS technology.
2. Technological Advancements: With advancements in technology, working in POS software allows you to engage with cutting-edge innovations. Furthermore, this allows you to contribute to shaping the future of retail. New tech includes: cloud computing, mobile payments, and AI.
3. Diverse Career Paths: The field offers various career opportunities. This includes software development, systems integration, user experience (UX) design, quality assurance, and project management. Moreover, this diversity allows professionals to find roles that match their skills and interests.
4. Impact on Businesses: POS systems are critical for business operations. By developing effective software solutions, you can significantly impact a business’s efficiency, sales, and customer satisfaction.
5. Problem Solving: Working in software and POS requires creative problem-solving skills. You’ll have the opportunity to tackle real-world challenges and develop solutions that improve business processes.
6. Collaboration: The role often involves working with cross-functional teams. These include sales, marketing, and customer support. Subsequently, you foster collaboration and gain a broader understanding of business operations.
7. Career Growth: With the rapid evolution of technology, there are ample opportunities for career advancement. Professionals can specialize in various areas. Or, they can move into leadership roles as they gain experience.
8. Remote Work Opportunities: Many software development roles, including those in POS, offer flexible working arrangements. Notably, these include remote work options, which can enhance work-life balance.
9. Competitive Salaries: Careers in software development typically offer competitive salaries. Plus, specialized knowledge in POS systems can lead to even higher earning potential.
10. Continuous Learning: The tech industry is always evolving, requiring professionals to stay updated on the latest trends and technologies. This can be intellectually stimulating and rewarding.

More Answers About POS Sales System Jobs

To help you understand a little more about this position, consider some examples of POS systems you probably have seen in retail locations. Examples include Lightspeed, Toast, and Square. When you sign on with FLO, you’ll see how our POS system stands out from the crowd.

Overall, a career in software development and POS systems combines technology, business acumen, and the opportunity to make a tangible impact in various industries. If you have more specific questions or need further insights, feel free to ask FLO! We are happy to give you all the information you need to know more about selling payment processing.

Enter a Sales Career You Love at FLO Business Solutions!

Don’t wait any longer to find the best sales jobs and launch a fulfilling career where you enjoy work every day. Visit our career page to apply for one of our awesome merchant services or POS sales jobs! You can also call us at 803-887-7356 with any questions.

Get updates on jobs and news at FLO by following us on Facebook and Instagram.

Are you considering investing in a credit card terminal? If this is your first physical payment processor, it’s a big deal! For many small business owners, buying or upgrading a credit card terminal coincides with growing your business. Often, business owners move from selling purely online to in-person, physical sales. Otherwise, you may be shifting from a more informal format to something that serves you beyond simply processing payments.

Whether you’re buying your first machine or moving on to something more advanced, there’s a lot to choose from. No worries—we have you covered. Let’s dive into the world of credit card readers. Consider this your primer from FLO Business Solutions!

What is another name for a credit card terminal?

When you first begin researching your payment processing options, it’s easy to experience confusion over the terminology. It’s actually a lot less complicated than it may seem, however. There are actually several different terms you can use instead of credit card terminal. They include:

• Card reader. This is a little less formal, and may be more familiar to casual customers.
• Credit card machine. Goes without saying, right?
• Point-of-sale (POS) system. One of the most widely-used terms, we often use this to refer to credit card terminals on a more formal level. Plus, a POS system is a system—it includes the physical terminal, but can go beyond it.

No matter what you call your system, it’s important that you know its capabilities and limitations. It’s a good idea to write down everything you need from a payment processor before beginning your search. Generally speaking, you’ll want as much freedom as possible when using your credit card reader. Don’t settle for a system that does the bare minimum. Make sure you’re using a system that’s up to date, with a support system you can trust. That means talking to real people when you have questions.

What is a smart card terminal?

Here’s the thing: there’s a traditional card reader, and there’s a smart card terminal. You most likely have a “smart” card right now—it’s the card that uses a chip. A smart card terminal can read that chip quickly and reliably. There are two main types of smart card readers.

• The contact model. This model requires customers to insert their cards into the device.
• The contactless model. In this case, the reader relies on radio frequency. All the customer has to do is tap or hover their cards over the readers, and they’ll be good to go.

You can also procure a terminal that combines the contactless and contact models. When you offer both options, you’re essentially insuring your sale. If, for whatever reason, one method proves tricky for the customer, you have a backup.

Keep in mind that the contactless model is the most advanced at this time, and can be more convenient for customers in a hurry.

How do I get a credit card terminal for my business?

Typically, you’ll procure a credit card terminal from a retailer like FLO Business Solutions. Keep in mind, however, that you don’t want to work with a faceless company. Even the simplest of payment solutions come with learning curves, and you’ll want to make sure you can reach out to real people if you have questions (what is Clover, anyway?). At FLO Business Solutions, we ensure that you’ll always have someone ready to help—no matter what.

Additionally, you want to make sure that the company you work with can help you scale up as
needed. The more your business grows, the more you’ll rely on not only your payment methods but the company supporting them. If you can get everything you need—from machines to support—in one place, you’ll be off to a a great start.

Frequently Asked Questions

Do you still have some questions about finding the best credit card terminal for your business? Below, we’ve listed some things our customers frequently ask.

What are virtual terminal card processing systems?

A virtual terminal card process system is one option available to small business owners. Rather than working with a physical card reader, a virtual reader allows you to work off (basically) any device. This increases your flexibility, and can be easier for some businesses as they grow. Often, you can acquire a virtual POS system from the same company that handles your physical machines (if you choose to have both).

What is a mobile credit card machine?

People carry their credit cards everywhere in this day and age. That means you need to be able to meet them anywhere, right? A mobile credit card machine allows you to set up shop at trade shows, pop-up markets, and more. You’re not stuck in one place, and can sell your services or products wherever you wish. Plus, they’re lightweight and simple to use.

Can I use mobile credit card readers with my phone?

The short answer: Yes.

The longer answer: In some cases, you may integrate mobile credit card capabilities with your personal devices. This is where a credit card machine for phone comes in. Rather than working with a bulky machine, all you have to do is handle a small device. It’s easily attached to and from your phone, and empowers you to run your business wherever you need.

Contact FLO Business Solutions Today!

We know moving on to a new payment processing system can seem like a lot of work. But if you collaborate with the right company, you’ll get the guidance you need. At FLO Business Solutions, we’re here to assist. Call us at 803-887-7356 or connect with us here. Start upgrading your business today!

A reliable and efficient point of sale (POS) system is crucial in the retail and hospitality industries. Whether you’re running a bustling restaurant, a chic boutique, or a cozy cafe, the right POS system will streamline your operations. Likewise, it enhances customer experiences, and ultimately boost your bottom line. But with so many options available, how do you choose the best one for your business? Plus, you have to think about current technology and determine if you need a tablet POS system.

Our POS experts at FLO Business Solutions understand all the facets of POS systems, including ones that utilize tablets. Furthermore, we work closely with all our clients to ensure they have a system that fits all their business needs. Ready to have a demo to see how our system will help you? Schedule it using this link or call us at 803-887-7356.

This blog shares about the evolution of POS systems into today’s modern tablet systems.

The Evolution of POS Systems From Traditional to Tablet-Based

POS systems have come a long way from their humble beginnings. Originally, businesses relied on a simple square cash register to process transactions. These traditional systems were bulky, stationary, and offered limited functionality. Primarily, they handled cash payments and generated basic receipts. However, as technology advanced, so did the capabilities of POS systems.

The introduction of computerized POS systems marked a significant shift in the retail and hospitality sectors. These systems allowed for more complex transactions, integration with inventory management, and detailed sales reporting. Despite these advancements, traditional computer-based systems still required physical space and often involved cumbersome hardware.

Enter the tablet POS system. With the advent of mobile technology, businesses gained access to a more flexible, portable, and user-friendly solution. Tablet POS systems offer the same robust functionality as traditional systems but with the added benefits of mobility and ease of use. They revolutionized the way businesses handle transactions. Consequently, this frees retailers and restaurateurs from the constraints of stationary setups.

Three Major Benefits of A Tablet POS System

The emergence of utilizing tablets for POS Systems provides numerous benefits to businesses. Here are three advantages businesses receive when they switch their retail POS to one of the best tablet systems.

1. Improves efficiency
2. Mobility for accepting a credit card payment
3. Elevate customer experience

One of the most significant advantages of tablet POS systems is their ability to improve business efficiency. By streamlining processes such as order taking, payment processing, and inventory management, these systems help reduce wait times and minimize errors. With a few taps on a touch screen, employees will quickly complete transactions, enhancing productivity and allowing them to focus on providing excellent customer service.

Mobility is another game-changer brought about by tablet POS systems. In the past, employees were tied to a single location when processing transactions. Now, thanks to the portability of tablets, employees can move freely throughout the store or restaurant taking orders and accepting payments directly at tables or on the sales floor. This flexibility not only improves service speed but also enables staff to engage more personally with customers, enhancing their overall experience.

Furthermore, tablet POS systems offer features that elevate the customer experience. Many systems come equipped with customer-facing displays. These displays allow patrons to view their orders, apply discounts, or sign for payments electronically. Some even support contactless payments, catering to the growing number of consumers who prefer digital wallets or mobile payment apps.

Commonly Asked Questions about Tablet POS Systems

We know POS systems are complex and not easily understood. That’s why our team is standing by to help you with any questions or issues you have. Simply call us at 803-887-7356 and we are happy to help. We’ve also compiled this FAQ section to hopefully answer some of your pressing questions.

How Do I Choose the Right System For My Business?

When selecting a tablet POS system for your business, it’s essential to consider your specific needs and industry requirements. For retailers, focus on systems that offer advanced inventory management and customer relationship features. Restaurants should prioritize systems with table management, split-billing capabilities, and kitchen display integration. Small business owners should seek out affordable, scalable solutions that can grow with their business.

Are There Specific Features I Should Look For in My POS System?

The simple answer is yes! When selecting a tablet POS system, it’s essential to consider the features that will best support your business operations. Another vital feature to look for is comprehensive reporting capabilities. Thus, this allows you to make informed decisions, identify trends, and spot opportunities for growth. Likewise, integration capabilities are also crucial when choosing a tablet POS system.

What Does FLO Business Solutions Offer My Business?

FLO Business Solutions is a one-stop shop for your business. We focus on providing you with everything you’ll need to keep your business running smoothly. Our services include:

• Payment Processing
• Marketing
• POS Systems
• HR & Payroll
• Tax Credit Services

Last, but certainly not least, you can take advantage of our current promotion. We are currently offering discounts on our digital signage, which gives your business’ marketing efforts a boost! Click here to learn more about this current promotion.

Take Advantage of Todays’ Technology by Using a Tablet with Your POS System

Ready to explore the benefits of a tablet POS system for your restaurant or your business? Start by assessing your specific needs and researching available options to find the best fit for your unique operations. With the right system in place, you’ll be poised for success! FLO Business Solutions is here for you throughout the entire process. Call us now at 803-887-7356 or schedule your free demo today to level up how you accept payments.

Don’t forget to like us on Facebook and Instagram for a vast assortment of news and tips related to POS Systems.

In today’s fast-paced world, convenience is king. For small business owners and retailers, keeping up with the demands of modern consumers means adopting innovative technologies. One such game-changer is the mobile credit card reader. This handy tool has transformed how transactions are done, making payments quicker, easier, and more secure. At FLO Business Solutions, we provide options with our point-of-sale (POS) systems that include a mobile card reader for Android, Apple Pay or any debit cards.

Schedule a free demo today of our POS system and how it will take your payment processing to the next level. Call us at 803-887-7356 or complete this form to schedule your demo.

Below, we’ve put together some FAQs and share everything you need to know about mobile credit card scanner options. Whether you’re a seasoned retailer or a newbie entrepreneur, understanding this technology is crucial to the success of your business.

Why Are Mobile Credit Card Readers Important for My Business?

Gone are the days when cash was the top form of payment. Today, customers crave the convenience of paying with a card, and mobile credit card readers deliver just that. These devices allow small business owners to accept card payments anywhere, anytime, without being tethered to a traditional point-of-sale (POS) system.

One of the biggest benefits of a credit card swiper on your phone is it allows you to expand your customer base. Most people today expect and prefer to pay via electronic payments over cash. Allowing for this flexibility in your business often translates into increased sales and improved customer satisfaction.

How Does This Technology Work?

At the heart of mobile credit card readers is cutting-edge technology that simplifies payment processing. These devices connect to a smartphone or tablet via Bluetooth or a headphone jack and use an app to sync with a payment gateway. When a customer swipes their card, the reader encrypts the data and sends it securely to the payment processor for authorization. Within seconds, the transaction is complete, ensuring a seamless experience for both the business and the customer.

Mobile credit card readers offer tons of flexibility and portability. This allows businesses to operate in diverse environments, from pop-up shops to outdoor events, without the need for bulky equipment.

What is in Store for the Future of This Technology?

The landscape of mobile payments is constantly evolving, with exciting trends and technologies on the horizon. Contactless payments, such as those made via near-field communication (NFC), are becoming increasingly popular. These enable customers to complete transactions with a simple tap of their card or smartphone, offering unparalleled speed and convenience.

Another emerging trend is the integration of digital wallets, like Apple Pay and Google Wallet, into mobile credit card readers. These wallets store customers’ payment information securely and allow for quick, frictionless transactions.

To remain competitive, small businesses should stay informed about these developments and consider the possibility of adopting new payment methods. This ensures they meet evolving consumer expectations and maintain their edge in the market. The future of payments is undeniably digital. Thus, businesses that adapt will thrive in this dynamic landscape.

How Do I Choose The Right Card Reader for Business Purposes?

Selecting the perfect mobile credit card reader for your business often feels daunting. Notably, there are tons of options available. Several factors should guide your decision, starting with cost. While some readers come with upfront fees, others charge a percentage per transaction. It’s essential to weigh these expenses against your budget and expected transaction volume to find a cost-effective solution.

Compatibility is another important consideration. Ensure that the reader you choose is compatible with your smartphone or tablet’s operating system. Additionally, check if it supports various payment methods, including credit and debit cards, as well as newer options like contactless payments. A versatile reader ensures you will cater to a broad range of customer preferences.

Finally, consider ease of use. A user-friendly interface minimizes the learning curve for you and your staff, ensuring smooth operations from day one. By carefully evaluating these factors, small business owners will make an informed choice and harness the full potential of mobile credit card readers.

Why Should I Pick FLO Business Solutions?

At FLO Business Solutions, as our name suggests, we offer solutions to help your business run as smoothly as possible. We care about the future of your business and want it to thrive!

Our experienced team is here to answer all your questions and ensure you are able to take payments quickly and accurately. We will partner with you throughout the entire process from selecting the right mobile credit card reader for your business to helping you troubleshoot any problems.

Additionally, we offer an assortment of services to help many aspects of your business. Some of those services are:

• Payment Processing
• HR & Payroll
• Marketing
• POS Systems
• Tax Credit Services

Finally, we have a great promotion we are running currently. You won’t want to miss this deal! We are offering discounts on our digital signage. Digital signage is a great way to enhance the customer experience, increase sales & revenue, improve brand awareness & loyalty, and have real-time content management. Click here to learn more about this current promotion.

Take Your Business to the Next Level with FLO Business Solutions!

Mobile credit card readers have revolutionized how small businesses operate, offering flexibility, efficiency, and enhanced customer experiences. For small business owners and retailers, the time to find the best credit card scanner is now. Call us today at 803-887-7356 or schedule your free demo today to take your business to the next level. Your customers will thank you, and your bottom line will too.

Follow us on Facebook and Instagram for news and tips on all things related to accepting payments for your business.

Starting a new business can be an exciting yet stressful experience. You have many decisions to make about production, marketing, and checkout processing. Usually, you try to conserve costs as much as possible to stabilize cash flow and ease financial stress. For instance, instead of choosing expensive point of sale equipment, you may opt for an iPad cash register.

Is this the right decision for your company? FLO Business Solutions can guide you to finding the best checkout solution with a free demo.

Some iPad Cash Register Essentials

Opting for a tablet cash register is a cost-effective, versatile, and user-friendly solution. Moreover, as your company grows, you can usually upgrade to include more software features. Generally, you’ll need a few important tools to begin:

1. Tablet

A tablet is a portable, personal computer made by one of several manufacturers:

• Apple
• Samsung
• Google
• Amazon

Typically, the Apple iPad is popular due to its versatility, user-friendliness, and cohesiveness with other Apple products. You have several models to choose from with different price points: iPad mini, iPad, iPad Pro, or iPad Air. However, any tablet brand should work adequately, providing it has enough storage space to run the required software.

2. Receipt Printer

Each year, consumers lose between 1 to 2.5 billion dollars because of scanner errors. Providing both a digital and printed receipt can help customers catch transaction mistakes.

3. Cash Drawer

Many consumers still prefer to pay with cash. A cash drawer provides a safe place to store currency.

4. Software

In addition to a tablet, you’ll need a cash register app managed by a payment processing company. A payment gateway platform facilitates electronic transactions from a digital wallet, credit, or debit card. Important factors when choosing the best option include the following:

• Fees
• Support
• Security features
• Processing time
• Integration
• Ease of use

5. Card Reader

When accepting cash alternate forms of payment, you need a card reader to process customers’ information. This device uses hardware and software to read information from your card or digital wallet.

6. Offline Mode

For a card reader to work, you need a connection to the internet to transmit transaction data.  However, even the best services may still experience outages. Moreover, some mobile businesses may sometimes find themselves out of range. Having an offline mode allows you to encrypt and store your client’s information until you can reconnect to the internet.

7. Barcode Scanner

If you run a product-based business with a large inventory, you may benefit from a barcode scanner. This device quickly and accurately reads a coded sequence of vertical lines that identifies specific products.

Benefits Of Using An iPad Cash Register

Typically, you have a few options when choosing how to handle the checkout process for your business:

• Traditional cash register
• POS terminal
• Smartphone
• Tablet

A traditional cash register can calculate sales and print a receipt. Some may even generate a few basic reports. In contrast, a POS system is an advanced system with added features of managing inventory, employees, sales, and promotions. However, a POS will generally cost more because it’s more robust.

For any small business, choosing a mobile device as a cash register is a cost-effective choice. This option offers the following advantages:

• Lower cost
• Simple setup
• Cloud-based
• Scalability
• Integrates with POS system

Perhaps the greatest advantage of choosing a mobile device is its adaptability. When you begin your company, you can keep costs down by picking only the most essential features. As your business grows, you can easily integrate a POS to help manage operations.

FAQs About Finding The Best Checkout Solution

Difficulties during the checkout process can contribute to a negative experience with your business. Thus, choosing the best solution is crucial for your long-term growth. If you have questions about hardware and software solutions, call us at 803-887-7356. Below, we answer a few commonly asked questions about an iPad cash register solution.

What Kind Of Business Can Benefit From Using an iPad Checkout?

Virtually, any type of industry can benefit by using a tablet checkout system:

• Food and beverage
• Retail
• Home and field service
• Medical practice
• Dentist
• Legal

However, some systems have features geared toward a specific industry. For example, retail stores require strong inventory tracking while restaurants need reliable table management. That’s why you need experts to guide you to a solution specific to your industry’s requirements and business needs.

How Much Cheaper Is an iPad Setup over a POS?

Generally, an iPad setup is indeed cheaper than a POS system. Often, tablets are relatively inexpensive costing only a few hundred dollars. Of course, the processing fees for card and digital wallet transactions vary between companies. Some charge a flat monthly fee, others by the transaction.

A demonstration is the best way to determine which system will work for your company and the accompanying costs. At FLO Business Solutions, we offer a free consultation to discuss your needs and recommend the best option.

Why should I Choose FLO Business Solutions?

For over 20 years, our veteran-owned business has been successfully helping businesses just like yours with level 2 and level 3 business to business processing. We’ve worked with over 8,000 businesses from start-ups to national brands.  Our company sets itself apart from other similar businesses with our personalized and comprehensive services:

• All-in-one solutions
• Next-day funding
• Bundled services with deep discounts
• Price lock guarantee
• Easy-to-read agreements
• Onsite installation and support
• Connect with real people to get workable solutions

Call us today at 803-887-7356 to book your free, no-obligation demonstration. Together, we can find a checkout solution perfect for your company.

Although some Americans use cash for purchases, many others use debit and credit cards. Thus, you’ll lose customers if you don’t accept cards. To process cash alternative payments, you’ll need a card reader for small business organizations. FLO Business Solutions can help you find the perfect solution for your needs.

Payment Processing Companies Provide A Card Reader For Small Business Owners

Generally, card readers are specific to a particular payment service provider (PSP) and are not interchangeable. Thus, when searching for a credit card machine, you’re also looking for a good payment processing company. As you sift through your options, consider the requirements of your business to choose the best one.

1. Accepted Payment Forms

Credit cards may use one of 3 different types of security technology to store and encrypt information about the user:

• Magstripe
• EMV/Chip cards
• Contactless

Moreover, an increasing number of consumers are paying using a digital wallet like Apple Pay or Google Pay. These software applications store your payment information on your smartphone eliminating the need to carry your credit card. Most digital wallets use NFC (near field communication) that allows 2 devices to connect and transfer information.

2. Fee Structure

Payment processing companies may charge a flat fee for each transaction or a monthly subscription plus transaction fees. Furthermore, the amount of fees varies by company. While choosing the cheapest may seem sensible to maximize savings, you need to consider other factors.

3. Support

Technology is a wonderful thing when everything works properly. When it doesn’t, you need to talk to a real person right away who can help you solve your issue.

4. Transaction Speed

A few seconds may not seem like a big deal when you have 1 or 2 customers. However, multiply this time over a long line of customers. Then, the person at the end of the line ends up waiting several minutes. Since 79% of consumers will leave the checkout line after waiting 5 minutes,  you want credit card transactions handled quickly.

5. Security Features

Credit card fraud amounts to millions of dollars and most occur from crooks stealing information remotely. Choosing PCI products that provide encryption and tokenization to keep consumers’ information safe.

6. User Friendliness

The credit card scanner must be easy to use whether your customer needs to swipe, insert, or tap.

7. Funding Speed

Once you complete a transaction, the payment processor may take 1-3 business days to transfer the money into your account. The fastest funding time allows you to optimize your cash flow.

8. Scalability

Usually, when you start your business, one card reader can handle all your transactions. Yet, as you grow, you’ll need multiple payment terminals. Not every payment processor offers solutions as your business evolves.

9. Analytics

A card reader with integrated analytics can simplify your marketing efforts. For example, you can customize promotions and track the effectiveness of your coupons with sales data.

10. Reputation

Any company can promise fast funding, excellent support, and competitive fees. However, the best companies will have reviews from satisfied clients to back up their claims.

Card Reader For Small Business – FAQs

Which card reader for small business organizations is right for your company? The experts at FLO Business Solutions can help you navigate the choices to pick the right option for you. Below, we answer a few commonly asked questions about payment processing options.

What Are Some Types Of Credit Card Machines?

Usually, you’ll find a variety of credit card scanners with a wide price range:

• Countertop – Located in a fixed position, usually a countertop facing the consumer.
• Mobile – A small portable device with a swipe or chip reader that attaches to a smartphone or tablet.
• Virtual – E-commerce processor allowing the ability to process payments remotely.
• POS integrated – Connects payment processing to other business functions like inventory, sale tracking, and rewards program monitoring for simplified business management.

Choosing the best one depends on your business needs and budget. At FLO Business Solutions, we have many different options to meet the specific needs of your company’s operations.

Do I Need To Buy The Hardware To Process Credit Card Transactions?

A few companies will give you a free credit card scanner, but it’s usually a simple magstripe swiper. For example, the no-cost Square reader can’t accept EMV or contactless transactions.

Unfortunately, the cheapest option may not be the best solution for your needs. In addition to causing inconvenience to your customers with limited card acceptance, you may experience connectivity problems. These issues can lead to frustration and lost sales.

Is There A Difference Between A POS And Card Reader?

Yes. A credit card machine only accepts electronic payments from credit or debit cards. However, a POS offers integrated features to manage all aspects of a business:

• Employee staffing
• Sale tracking
• Inventory
• Loyalty program monitoring
• Analytics and reporting

By streamlining and consolidating operations into one system, you can automate and increase operational efficiency saving time and money.

How Do I Find A Great Payment Processing Company? 

For over 20 years, FLO Business Solutions has been supplying businesses with solutions to help manage operations more successfully.  Our customers choose us over the competition due to our outstanding customer service qualities:

• Price lock guarantee
• You can talk to a real person to get workable solutions
• Easy-to-read and fully transparent agreements
• Seamless integrations
• Private label and card issuing service
• Onsite installations, hardware, and software support
• Next-day funding

Why not book a free demonstration to see firsthand the power of our systems? Call us right now at 803-887-7356 to begin a conversation about how we can help you process payments.

Many types of businesses need to maintain a supply of products to sell. Even some service-based industries like restaurants need to manage an inventory of ingredients to create their menu. Controlling the flow of resources is critical to the success of any company. FLO Business Solutions can help you with a comprehensive inventory planner.

The Importance Of Good Inventory Management

All products have a life cycle. It begins with its introduction to consumers, continues to the height of popularity, and ends with its decline. Additionally, some products have expiration dates. An efficient inventory management software system will keep track of the demand patterns and viability of all your goods.

Fundamentally, maintaining the optimal level of inventory is crucial to the success of your company. Out of stock items may cause customer frustration. Your customer may request a cancellation and never buy from you again. On the flip side, too much stock results in higher warehousing costs. In addition, you risk depreciation of the unsold products.

Ultimately, correct inventory management touches every part of a business:

• Eliminates out of stock items
• Creates satisfied customers with timely delivery
• Reduces over-purchasing
• Frees up cash
• Minimizes storage need
• Decreases business losses

Inventory Planning Begins With A POS

Keeping track of the coming and going of your products is the basis of an inventory planner. This system takes existing data and forecasted sales to create a strategy to maintain an optimal amount of product. It involves several steps:

1. Analyzing Sales Data

Often, business will experience busier than normal times. For example, many product-based companies see an increase in sales in the days leading up to the holidays. Furthermore, some products become best sellers while others fail to generate interest.

2. Creating Demand Forecasts

As you analyze sales data, you can identify trends in demand to forecast required inventory.

3. Picking Suppliers

Ultimately, you want to form long-term strategic business partnerships with companies that will strengthen your company. Carefully consider the following factors when picking suppliers:

• Cost
• Reliable delivery times
• Material quality
• Reputation

4. Establishing Storage Capacity

No matter the size of your company, you’ll have a limited amount of storage space.

5. Evaluating Data And Forecasts

Inventory planning is dynamic and will need constant revisions due to consumers’ changing tastes and fluctuating economies.

6. Keeping Abreast Of Innovative Solutions

Emerging technology can automate and integrate processes to make running a business simpler.

The Best POS System

The best POS (point of sale) can manage all these tasks simply and efficiently. Plus, you’ll get data in real-time for accurate up-to-the-minute information. Then, you’ll be able to minimize the risks for making inventory errors. Furthermore, you’ll be able to capitalize on changing conditions and situations.

Moreover, a POS can integrate other business functions into one system. This allows you to manage virtually every aspect of your business:

• Inventory management
• Sales
• Accounting
• Employee time management
• Reward program monitoring
• Analytics and reporting

FAQs About Inventory Management Systems

Are you ready to take control of your inventory, but still have questions? Below, we answer a few frequently asked questions. If you have others, give us a call at 803-887-7356.

What Is The Difference Between An Inventory Planner And A Demand Planner?

Both are part of an inventory planner system. Demand planning involves forecasting future sales while inventory management relates to controlling existing stock on-hand.

Inventory Planner Pricing: How Much Will It Cost?

Several variables will affect the cost of an inventory management system. For example, do you want a warehouse management system or integrated POS? Will you need to manage shipments from different suppliers? What type of inventory security management system do you want?

When you partner with FLO Business Solutions, we work with you to find the best options and solutions.  We offer a full portfolio of services and can tailor a system to meet your specific needs:

• Credit card machines
• POS systems
• Inventory management systems
• Tax credit services
• Cash discounting
• Referral/Partner program
• HR & payroll
• Marketing

In addition, once you sign a contract with us, we lock in your fees for the life of your account. Thus, you’ll never experience a price increase. Plus, after processing your transactions, we send you your money the next day.  We can even offer you same-day funding for an additional fee.

Furthermore, many businesses can bundle our services at deep discounts. Sometimes, our package offer qualifies you for services at no cost. Of course, we also offer financing for both hardware and software.

Is A POS Hard To Operate?

Our systems are very user-friendly and we offer a free demonstration to show you how easy it is. If you find a POS system hard to operate, so will your customers.

How Do I Choose The Best Inventory Management System?

Admittedly, many inventory management systems options exist. Choosing the right one can help grow your company while the wrong one may ultimately cause bankruptcy. While cost is an important factor, customization and support are critical.

Ultimately, even businesses in the same industry are different from one another. Thus, you need custom and not one-size-fits-all solutions. Accordingly, we take the time to listen to you to discover your needs to find the perfect solution.

Finally, support is one area you need a dedicated team. Glitches and problems can crop up and when they do, you want a person to help you. At FLO Business Solutions, you can always talk to a real person.

Ready to start a conversation about how we can help you? Call us at 803-887-7356 to begin the process.

Are you searching for a POS system for sale that matches all your needs? When you run a business, it’s vital to have a point-of-sale system that you trust for every single transaction. At FLO Business Solutions, we provide beautiful state-of-the-art hardware that is secure, integrates well, and provides all the functions your business needs.

Get started with a free POS software demo today to see how our systems fulfill every need you have from serving as a basic cash register to allowing for online ordering for your customers. To schedule your demo call us at 803-887-7356 or get on our calendar now by completing this form.

Keep reading our blog below for more information about POS systems and FLO Business Solutions.

FLO Business Solutions Provides Comprehensive POS System Solutions

Our experienced team has over 20 years of experience in POS services and understands the unique needs of each business we partner with. As we have been in the industry for so long, we have worked with a variety of business types.

Below are the types of businesses we work closely with and provide POS System Solutions for:

• Restaurant and bar
  • Fine dining
  • Fast casual restaurants
  • Bars and nightclubs
  • Food trucks
  • Pizzerias
• Retail
• Professional services
  • Accountants
  • Contractors
  • Mechanics
  • Marketers
  • Lawyers
• Smokeshop & CBD
• High risk
  • Nutra & supplements
  • Firearms
  • Dispensary
  • Travel
• Healthcare
• Financial institutions

No matter what your products or services are, we are able to help you securely accept credit cards and payments. Once you tell us more about your type of business and point-of-sale needs, we will discuss all your options available. So, once you are at the end of your POS system for sale hunt, we are ready to get you set up to keep your business running smoothly.

Why Choose FLO Business Solutions for Your POS Needs?

While we stand behind our state-of-the-art products, it’s our customer service and attention-to-detail that set us apart at FLO Business Solutions. As a proud veteran-owned, private company you can rest assured we treat each client with the utmost respect and as more than merely a number or sale-to-be-made.

6 Benefits of Choosing FLO Business Solutions

1. You can always get a real person on the phone.
2. We strive to get you fast answers and solutions.
3. Each agreement is easy-to-read and understandable.
4. We provide on-site installations, hardware/software support, and quality assurance reviews.
5. Our POS systems have seamless integrations.
6. Finally, we have extensive experience in the industry so you can trust we know what we are doing!

Click here to learn more about our company.

What to Look for in a POS System Company?

It’s crucial to know what to look for before purchasing a POS system. Here are some attributes to consider before selecting a company to purchase a system from.

• Simple agreements that aren’t trying to trick you.
• Stellar reviews and third-party endorsements that prove trustworthiness.
• Additional services that will complement and enhance your business.
• Excellent customer service and a team that takes your calls.
• Provides an in-depth look and demonstration of the system prior to purchase.
• Company that truly cares about the success of your business and wants to partner with you.
• Has simple price locks.

Frequently Asked Questions on Point-of-Sale Systems

As POS systems are complex pieces of hardware we know there are many questions surrounding them before making a purchase. That is why in addition to providing free demos, we also compiled the frequently asked questions section below. We hope this information helps but if you have more questions our experienced team is happy to answer those. Simply give us a call at 803-887-7356.

How Much is a POS System?

There are many factors that impact the pricing of point-of-sale systems. Those include:

• Hardware selection
• Additional features added on
• Other services needed; such as HR & payroll or marketing

Once we talk through your needs and take you through a demo we can get into pricing that is completely customizable for your business.

Do All Point-of-Sale Systems Have Monthly Fees?

Not necessarily. This will be dependent on if you buy your hardware outright or are making payments towards the purchase. Some software systems do have monthly fees to ensure you get access to the features available every single month.

What is the Average Lifespan of a POS System?

The lifespan of a POS system depends on a few different variables. For example, the type of hardware has a big impact on how long it will last. How the hardware is treated is another variable in its lifespan. On average a point-of-sales system lasts five to seven years.

Can You Own a POS System?

Yes, if you plan to buy the hardware, like the cash register, in full, then you’d own that. However, typically the software and features are ongoing monthly, bi-monthly, quarterly, or annual services.

Looking for a POS System for Sale? FLO Business Solutions is the Answer!

Stop searching online for a POS system for sale and call our expert team today at 803-887-7356. You can also schedule your free demo today by clicking here. From having a kiosk to installing a card machine, we are the POS experts! We are ready to assist you with all your needs to ensure your business continues to run smoothly – one credit card transaction at a time!

Don’t forget to follow us on Facebook and Instagram for more information about our team, business tips and inspiration, and a variety of POS system tips and news!

Typically, consumers use credit cards for purchases about twice as much as they use cash. Thus, companies must use a payment processing provider to handle credit transactions. Choosing the right credit card machine can help your business grow while picking the wrong one can be a nightmare. FLO Business Solutions can help you choose the right solution for your business.

Payment Processing Options

If you are old enough, you might remember the manual credit card imprinters. Merchants used them to make a copy of the face of a credit card to receive payment.  While some companies may still use these devices, these outdated tools make recordkeeping difficult. Moreover, as credit card companies move to flat printing, it’s also impossible to get an imprint.

Furthermore, modern credit card terminals offer enhanced security, greater accuracy in recordkeeping, and reduced transaction times. First, the device reads the customer’s data, encrypts it, and requests authorization from your customer’s bank. Then, the card provider verifies the details are correct and confirms the customer has enough remaining credit on the account. Finally, the machine lets the merchant know the transaction has been successful. All this occurs in just a few minutes.

Additionally, a modern credit card processor can easily handle payments wherever you find your customer. This may be online, at a self-checkout, or at a table in a restaurant. It can also be at the customer’s house if you offer mobile services.

For a small business starting out, you can also convert your smartphone into a credit card processor. First, you’ll need a merchant account with a provider. You’ll also need the provider’s mobile payment app and phone credit card swiper.

Distinctions Between Payment Processing Providers

Around the world, there are about 4,100 registered payment processing providers for Visa alone. Choosing the right one can greatly affect the success of your business. Below are some important features to help you find the right one:

1. Fees

When deciding on your payment processing options with a credit card machine, you’ll find different price structures. Some may charge by the transaction, others a flat monthly fee, and others a tiered system.  Typically, the tiered system is the most expensive with the payment processor sorting transactions into different categories.

In addition to transaction fees, the payment processor may also have setup, terminal, or data security fees. Obviously, all these fees can seriously affect your profitability.  While fees are an important consideration, other factors are crucial too.

2. Security Features

When consumers make a purchase, they want to feel confident their information is secure. Additionally, some businesses, like those offering subscriptions, must store sensitive consumer information. Yet, fraudulent attempts on credit card use saw a 72% increase in 2023. Moreover, a data breach can bankrupt a business.

Generally, an independent council set up by card networks manages security standards for accepting credit card payments. All credit card terminals must meet them. However, these standards don’t define the security technology necessary and can’t prevent a breach from happening. Depending on your business, you may want advanced security features.

3. Integration With Existing Systems

If you have an existing business, you may already have a system that manages many of your operations. You probably even have a transaction processing system. However, perhaps your company has outgrown your current credit card machine. Maybe you need more mobility or you’ve added online sales.

Investing in a completely new system is expensive and not necessary. A good card terminal should integrate with your existing software.

4. Ease Of Use

The best payment processing machine should be simple to use with minimal training. If you have difficulty with its use, so will your clients. Moreover, customers can become easily frustrated with complicated procedures and choose another vendor.

5. Support

With ever-changing technology, it’s likely your credit card terminals will need software updates. Occasionally, you may also experience some technical issues. Thus, you’ll want a team with a stellar support system to help with changes and difficulties.

Credit Card Machine – A Few FAQs

Do you have questions about which credit card terminal will work best with your business? Below, we answer a few commonly asked ones. If you have others, call us at 800-887-7356, and one of our friendly team members will help you.

Can I Offer A Discount To Cash Paying Customers?

Absolutely! We can definitely set up your system to remove credit card processing fees from cash paying customers.

How Are POS Systems And Point Of Sale Transactions Different?

A point-of-sale transaction is the completion of payment for goods or services wherever it occurs whether in-store or online. Comparatively, a POS is a system of hardware and software offering many integrated features to help merchants manage their business:

• Inventory
• Sale tracking
• Employee management
• Reward program monitoring
• Analytics and reporting

Why Choose FLO Business Solutions?

For over 20 years, our veteran-owned company has been supplying solutions to over 8,000 business customers just like you. From start-ups to franchised national brands, FLO Business Solutions has different options to meet your needs:

• Payment processing
• HR & payroll
• Marketing
• POS systems
• Tax credit services
• Cash discounting
• Referral/Partner program

Plus, we offer next-day funding and price locks on fees in easy to understand service agreements. Our price lock guarantee means we won’t change your pricing for the life of your account.

Whether you’re just starting a business or looking to switch payment processors or find a POS system for sale, we can help you find the best product. Call us today at 800-887-7356 to book a no-obligation demonstration.