Page not found – Infinity Payment Systems http://www.infinitypaymentsystems.com Just another WordPress site Thu, 04 Jun 2020 18:08:49 +0000 en-US hourly 1 https://wordpress.org/?v=4.7.2 Here’s What Limited Payment Options Do to Your Business http://www.infinitypaymentsystems.com/heres-what-limited-payment-options-do-to-your-business http://www.infinitypaymentsystems.com/heres-what-limited-payment-options-do-to-your-business#respond Tue, 10 Mar 2020 01:23:05 +0000 http://www.infinitypaymentsystems.com/?p=396 Continue reading ]]>  Here’s What Limited Payment Options Do to Your Business

Do you intend to do things as it has always been done? Sticking to tradition is fine. But, sometimes, it causes you to miss out on a lot of things. Furthermore, Infinity Payment Systems shares how it can affect your business:

  • It lessens convenience.

    There always comes a time that you don’t have the exact change for a purchase. Of course, you can rummage through your cash drawer for some spare. But, it can be time-consuming.

    If you want to speed things up, getting cash management solutions will do just the trick. Transactions can be made automatically. No need to wait.

  • It discourages clients.

    Time is money, time is gold. We’ve heard it all before. Your clients want transactions that go smoothly without delay. With that mindset, clients have gotten themselves accustomed to modern to payment options.

    If you don’t have those, younger will prefer doing business with your competition. You can still stop that from happening. How? By expanding your payment options, of course.

  • It lessens brand visibility.

    The fewer clients you get, the less your brand gets talked about. If you’re not careful, this might just spell the end for your business. No one wants that to happen.

    Don’t waste the hard work you put into making your brand. Avoid your business from going obsolete by engaging modern payment options. Through it, you can even expand your business online. Just think about a whole new untapped market waiting for your brand.

  • It lowers revenue.

    The effects all add up. Think about it. With no other payment options, clients turn away. With more clients turning away, your brand gets forgotten. Eventually, your revenue suffers as well.

    Luckily for you, things don’t have to be that way. You just have to open your mind and give other payment options a try.

Besides, more payment options open a lot of gateways.

It lets you tend to more clients. It improves the customer experience. It saves resources. Best of all, it helps hike up your revenue.

Besides, adding more payment options isn’t that difficult. After the initial process, everything will become a lot easier.

Don’t limit your business and what you can achieve!

Ask us about payment processing solutions in Wilmington, North Carolina. We’ll give you exact details on how it can fit your needs and further your business. Visit our website for a sneak peek of what we have to offer. Once you’re ready, you can book an appointment with us either through a call or by email. Our contact details are listed below.

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Foolproof Tips to Improve Cash Management for Retail http://www.infinitypaymentsystems.com/foolproof-tips-to-improve-cash-management-for-retail http://www.infinitypaymentsystems.com/foolproof-tips-to-improve-cash-management-for-retail#respond Mon, 02 Mar 2020 03:59:28 +0000 http://www.infinitypaymentsystems.com/?p=388 Continue reading ]]> 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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Bouncing Checks: 3 Common Mistakes That Cause It http://www.infinitypaymentsystems.com/bouncing-checks-3-common-mistakes-that-cause-it http://www.infinitypaymentsystems.com/bouncing-checks-3-common-mistakes-that-cause-it#respond Fri, 14 Feb 2020 03:40:10 +0000 http://www.infinitypaymentsystems.com/?p=380 Continue reading ]]>  Bouncing Checks: 3 Common Mistakes That Cause It

Bouncing checks never bode well for any transaction. But, what are the usual culprits behind it? Infinity Payment Systems shares it could be because…

  1. Your signature on the check is not legible.

    Do you tend to dish out checks in a jiffy? Pause shortly when you get to the signature line. If your scrawl doesn’t match the original sample you gave the bank, your check will bounce. Always review your checks carefully before handing them out.

    At the same time, you should make a note not to forget filling in the payee details and amount. In case the check gets stolen, a thief can withdraw a good amount of money from you.

  2. Your account doesn’t have enough balance.

    It’s an obvious reason, right? Yet, this remains as one of the most common problems when it comes to transaction processing in North Carolina.

    The solution to this dilemma is simple. All you have to do is review your accounts a day before handing out a check. Look over your present balance and account balance. Take note that these two aren’t one and the same.

    Your present balance displays the number of transactions known to your bank. This, however, does not incur the checks you have written without the bank’s knowledge. On the other hand, your available balance states the amount that is available for your use. This is the one you should keep an eye on. For easier tracking, you can also keep a checkbook register.

  3. Your check wasn’t filled in properly.

    Just a reminder, incomplete details and errors will cause your check to bounce. Review these items:

    • The payee details
    • The date
    • The amount (stated in numeric and written forms)

    In case you mess up, don’t write over the article. Instead, write a new one. If you can’t do that, try crossing out the wrong items. Next, add in your initials and write the new info. This isn’t a guarantee that your check will be honored. However, it might just help.

Be informed, don’t make the same mistakes twice.

Bouncing checks don’t just cause a hassle to both the buyer and seller. Other times, they can also be a root of mistrust between both parties. Nip the problem before it buds with our payment processing solutions in Wilmington, North Carolina.

We offer a one-stop-shop service for all your needs. Skim through our website to learn more about it. If you have any questions, you can reach us via email or over the phone. Just scroll down for our contact details!

How did you find this article? In case you have other ideas to add, type them down below. We look forward to reading your feedback.

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What are the Benefits of Gift Cards for Your Business? http://www.infinitypaymentsystems.com/what-are-the-benefits-of-gift-cards-for-your-business http://www.infinitypaymentsystems.com/what-are-the-benefits-of-gift-cards-for-your-business#respond Mon, 03 Feb 2020 02:32:37 +0000 http://www.infinitypaymentsystems.com/?p=372 Continue reading ]]> What are the Benefits of Gift Cards for Your Business?

Even in this modern age, gift cards have not gone out of style. What is it that keeps them in circulation?

Almost every business in your vicinity gives out gift cards regularly. If you haven’t got your own gift cards yet, you’re missing out on a lot of things. Infinity Payment Systems suggests for you to have gift cards made because:

  • It builds your brand.

    Do you want your brand to be more visible to the public? Of course, you do! Well, a great way to do it is by giving out gift cards. This helps you generate more first time customers. That’s because, well… gift cards are often given as gifts! It is a cost-efficient marketing tool. It boosts exposure and customer loyalty in one go!

  • It creates repeat customers.

    When you receive a gift card, what do you do? Of course, you spend it at the designated store.

    The bigger the value of the gift card, the more repeat visits a customer will make. Plus, if they are getting a discount from your business, they’ll follow up on the incentive. Eventually, this compels them to spend more on your brand.

  • It gives opportunities for promotional campaigns.

    Gift cards can be used in a lot of ways. For one, you can use it as a reward for your loyal customers.

    Think about offering your dedicated clients a $20 gift card for their patronage. This incentive program should keep them focused on your brand. (You can also consider upgrading your payment processing solutions in Wilmington, North Carolina. It’s an added option that will make transactions easier for your best customers.)

  • It generates revenue ahead of sales.

    Don’t you agree that gift cards as a marketing strategy are a lot easier to track? Compared to other advertising practices, you don’t have to do any guesswork. All the data you need is upfront. Plus, it ensures that customers will spend their money in your store.

    If you think that gift cards couldn’t get any better, think again. Giving out gift cards also come with very little risk. Through it, your revenue is secure whether or not a gift card will ever be used.

Would you like to give gift cards a try?

Let us know whenever you’re ready. We can also make your cash management solutions a lot easier. Isn’t that great?

Talk to one of our staff for more options you can unlock. You can reach us with a call or email message. (Our contact details a written below, just scroll down.) You can also visit our website. From there, you can gain a quick summary of the other services we have to offer.

Did you find this blog post helpful? Key in your insight on the comment section below. We’re excited to know what you think.

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3 Types of Customer Payment Options http://www.infinitypaymentsystems.com/3-types-of-customer-payment-options http://www.infinitypaymentsystems.com/3-types-of-customer-payment-options#respond Mon, 20 Jan 2020 02:51:24 +0000 http://www.infinitypaymentsystems.com/?p=364 Continue reading ]]> 3 Types of Customer Payment Options

When you start owning a small business, you might be tempted to say that you will accept any type of payment. However, this can be a dangerous practice to set. While payments come in various forms, some methods are more trustworthy than others.

Infinity Payment Systems, an expert source of payment processing solutions in Wilmington, North Carolina, lists down the different types of payment customer payment options – and which ones your business should accept.

  1. Cash

    Did you know? Statistics show that more and more Americans say they do not carry cash. In an average week, approximately 3 in 10 adults said that they make zero purchases using cash. As such, you might consider making cashless transactions.

    However, do not count those paper bills out just yet. Cash still continues to be the most frequently used payment method, representing 30% of all consumer transactions, more than credit, debit, checks, or electronic. Moreover, with cash payments, you do not have to worry about transaction fees, bogus debit or credit cards, bounced checks, and you receive payment immediately.

  2. Credit and Debit Cards

    While credit and debit card transactions come with a lot of fees, running a cash-only business can turn away a significant number of customers who are unlikely to be carrying cash. Statistics reveal that Americans between the ages of 18-29 years (65%), 30-49 years (82%), and 50-64 years old (78%) currently use credit cards. That said, it would be unwise to operate a business that does not accept payments using credit and debit cards.

    Virtual terminals, credit card processors, and payment gateways – these terms may sound intimidating for first-time business owners, but doing careful research can help you find what you need. Also, consider working with our team. Rest assured, we are experts when it comes to your transaction processing in North Carolina and we can help you find a system that is both user- and budget-friendly.

  3. Checks

    Accepting checks can come with significant risks for both businesses and customers alike. They also present risks (i.e. sensitive information, false checks, etc.) beyond those associated with other payment methods, so proceed with caution. Most businesses only accept in-state or local checks. Non-personalized checks, unnumbered checks, and starter checks should not even be considered.

    If you can trust your employees to carefully examine every check you receive, you can consider accepting checks from your customers. However, it is something that you must carefully consider before making any final decisions.

The Bottom Line

Each payment method has unique advantages and disadvantages. No one type of payment method is best – it depends on the needs of your business. When choosing payment methods, think about how their advantages and disadvantages affect your business operations and customers.

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3 Reasons to Reconsider Your “Cash-Only” Policy http://www.infinitypaymentsystems.com/3-reasons-to-reconsider-your-cash-only-policy http://www.infinitypaymentsystems.com/3-reasons-to-reconsider-your-cash-only-policy#respond Tue, 07 Jan 2020 06:27:06 +0000 http://www.infinitypaymentsystems.com/?p=354 Continue reading ]]> 3 Types of Customer Payment Options

Did you know? One survey shows that only 24% of Americans claim to make all/most of their purchases with cash. As a business owner looking to increase their profits, why miss out on the remaining 76% of purchases and consumers?

As more people use credit cards, debit cards, and mobile payment options like Apple Pay and PayPal, paying with cash has become fairly uncommon.

Are you still not convinced about changing your “cash-only” policy?

Infinity Payment Systems, a prominent provider of payment processing solutions in Wilmington, North Carolina, lists down 3 reasons to accept credit card payments from your customers.

  1. Provide Convenience to Customers.

    All too often, when customers are greeted with “cash-only” signs that require them to find an ATM to complete their purchase, most shoppers simply leave and do not return. Instead, they look for another shop where they can conveniently purchase on their debit or credit card.

    Every customer has a preferred payment method. Thus, your business should provide a wide spectrum of payment options for their convenience. Likewise, many people also prefer to use credit cards because of the rewards they get from their banks. So if your business is not accepting credit card payments, you might lose your potential customers to your competitors. 

  2. Encourage Impulse Buying.

    When paying with cash, customers need to have the exact amount of their purchase (or more) with them. On the other hand, paying with a debit or credit card provides them with more freedom and they have to face fewer limits on their spending. In fact, a study shows that when paying by credit card, shoppers have a tendency to spend more and are more likely to make impulse purchases.

  3. Less Cash In Your Business Premises.

    When you only accept cash, it means that all of the money you make is in your business premises. This can be a bad idea as having large sums of cash on hand can put you at risk for internal and external theft. Potential thieves will be likelier to target a cash-only business that they think will have plenty of cash to take from the register. Also, even your own employees might be tempted to steal cash from the register. On the other hand, if you were to accept cashless payments, these potential thieves may overlook your store because most of your cash is not there.

The Bottom Line

Today, more and more people are leaning towards cashless payments and businesses that do not adapt to this are getting left behind. As an expert in cash management solutions and transaction processing in North Carolina, we make it easier and more affordable for you to set up your business to accept credit cards.

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