We don’t know anyone who wouldn’t like to increase sales, so we like the tips in this smart post from The Point of Sale News. At a glance, the big news is all the new next-generation POS options intended to help operators increase sales rather than simply help reduce operating costs. Available […]
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Brand loyalty is extremely important for every restaurant and retail store big or small. Brand Keys recently released their 2013 Customer Loyalty Engagement Index, which forecasts customer devotion across brands. To make such predictions there is a lot of math involved and highly secretive algorithms. Brand Keys states they are “the only research consultancy in
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A fraudulent chargeback is when a “successful customer dispute over a legitimate transaction. One in which he or she knowingly and purposely participated and for which the customer is fully responsible”, states the Credit Card Blog by UniBul. Fraudulent chargebacks stem from consumers trying to game the system that is at the same time trying
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Citing the recent release of the annual Chain Restaurant Industry Review from GE Franchise Finance (GEFF), Nation’s Restaurant News reports on how restaurants are adapting to economic challenges. It’s good news, as restaurants are adapting well to “consumer preferences and economic challenges” — as well as “whatever’s thrown at them,” said Kimberly Savilonis, Senior Vice President for
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Is PayPal’s Mobile Payment System a Good Thing? Mobile Point of Sale Systems is all the rage. The newest company to join the race is PayPal. PayPal is already well known for their mobile payment solutions for Smartphones. At the beginning of this year, they launched a mobile payment version for the iPad. PayPal is
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Crucial Considerations Before Purchasing a Cash Drawer Point of Sale News has a thorough primer on cash drawer considerations in which they explore all the major factors to help business owners choose the right drawers tailored to their needs: cost; space requirements; durability, reliability, and length of warranty; manual or electronic opening tied to traffic
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Avoid the Risks of Outdated Credit Card Processing (Part 2) Continued from Part 1 The Merchant Bill of Rights includes: #7 The right to encrypted card numbers and secure transactions “Obviously, you would never want the credit, debit and PIN numbers of your customers stolen by hackers. Large payments processors prevent hundreds of thousands of
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Avoid the Risks of Outdated Credit Card Processing (Part 1) Business owners may not be aware of the liabilities they face if their credit card processing is not up to date and secured against hackers. Credit card companies may argue that outdated processing technology in effect broadcasts information negligently, and insurance carriers may not cover this,
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Pricing Insights Help Overcome Customer Irrationality Inc.com has some “Pricing Rules You Need to Know” to help “make the most of customer weirdness” — i.e., irrationality about pricing. Their ABCs of Pricing states, “Buyers are irrational. Predictably so,” detailing “three of the frameworks — ‘anchors,’ ‘bumps,’ and ‘charms’ — they use to decide what they’ll pay for
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Are Mobile Devices the New Currency? The Point of Sale News asks, “How Close Are We to Cashless Commerce?” and answers with 2020 vision: the prediction that mobile payments may replace cash and credit cards by as soon as 2020 according to the Pew Research Center’s Internet & American Life Project on “The Future of Money.”
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Your ambitions and hard work deserve a partner who can offer you franchise-level POS systems and services no matter your size or industry. Sintel Systems direct single source POS solutions is the key to ensuring that your operation moves efficiently. Sintel Systems knows that your time is better spent on growth and expansion. So dream, plan, execute, grow and succeed with Sintel Systems.
