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Foolproof Tips to Improve Cash Management for Retail

Foolproof Tips to Improve Cash Management for Retail

Do you still count cash by hand? Unless it’s something you personally enjoy, there’s a better alternative available. Not just for you. But, for your business too. Save more time and money starting today! Infinity Payment Systems has listed practical solutions for your cash management.

  • Start a POS system.

    Say goodbye to cash registers. Your competition has and so should you. If you want to modernize your cash management, you will need a point of sale (POS) system upfront. This allows you to track cash flow right at the point of purchase. It’s very efficient!

    POS systems will take care of all your cash transactions. If you want, you can even apply it to your credit accounts as well. The good things don’t stop there either.

    With a POS system in place, you can also accept and transact with:

    • Smartphone payments
    • Checks
    • Gift cards and more

    It’s an all-in-one solution. You can easily see the exact revenue you earned by the end of the day. Tracking cash-ins and cash-outs no longer become a problem. Everything is more accessible, instantly.

  • Fight counterfeit right upfront.

    Tracking cash is not the only thing a POS system can do, you know? It also ensures that the funds you get are real, legitimate money.

    To further combat counterfeit cash, training your employees is a must. Every bill has its own watermark and security marks. Get to know those and teach your employees about it.

  • Improve the way you count and sort cash.

    The end of every work shift can be hectic. After all, you will need to collect and sort the cash balances you’ve done. Taking this step makes sure that your cash-on-hand matches the cash transactions you’ve done in the day.

    Yes, there is nothing wrong with doing a bit of manual labor to tally your revenue. But, know this. You are leaving your business open to human error. If you want to avoid that, using a currency counter does the trick. Don’t be afraid to break free from traditional concepts. Optimizing your cash management is key to growing your business.

Cash management keeps your business afloat.

The steadier you run your course, the less likely you’ll encounter problems. Of course, you’ll be needing proper cash management solutions. Once you have that set, your retail business should be all good.

Do you need help with your cash management?

You’re in luck. Cash management and payment processing solutions in Wilmington, North Carolina is our forte. What issues do you want to be tackled? We have a wide variety of services that can make managing both your cash and business easier.

Would you like to know how we can help? Skim through our website for details. You can also reach us through a call or by email. All of our contact details are available below. Don’t forget to share this post If you think someone you know needs our help!

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  • I was previously with a national card processor. I thought I had received the absolute best rate and terms. That is until I met Kyle and his wife in my store one day. He was not pushy or high-pressured but said he would be more than happy to review my plan that I had just signed on to. Not only did he beat my 'best' rate from the national company, he offered me personal, local customer service you just can't get anywhere else. Although this is professional company, I truly was made to feel like I was part of the family. From day one, Kyle and his father made sure that every question I had was quickly and properly answered. They went out of their way to make me feel like I was their best customer. I will recommend this company to anyone at any time. If you have a question, feel free to message me. I believe these guys to be the best in the business and look forward to many years of a satisfying business relationship with them. Thanks Infinity! Lou's Flower World
  • It is refreshing to do business with a local, family-owned and operated company that is honest. Payment processing is sadly an industry full of scam artists and Thomas and his team at Infinity are incredibly honest and affordable with several options for small and large businesses. Thank you for your help! Carolina Commercial Properties
  • I could not be happier. Infinity essentially cut my merchant fees in HALF, and showed me clearly how I was being cheated by the cc processing firm I *had been sold to*. Next day deposits, great customer service and support, local business - what's not to like?? DogTrain
  • My name is Lior and I am the owner of The Cigar Exchange located in historic downtown Wilmington. My decision to use Infinity Payment Systems as my merchant services provider has been absolutely one of the best business decisions that I have made. Thank you very much Kyle, You're the best! The Cigar Exchange
  • We highly recommend Duane and Infinity Payment Systems. He is local, and in addition to great rates, he offers awesome customer service Capital Auto Repair & Service
  • Our rates were lowered to a point that no one has been able to touch their rates…whenever we need them, they are right there for us Apex Transmissions
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1430 Commonwealth Dr., Wilmington, North Carolina 28403
Phone Number: 800-706-7591 | info@infinitypaymentsystems.com

Infinity Payment Systems is a registered ISO of Wells Fargo Bank, N.A, Concord, CA.