If you’re still asking for signatures to complete credit card transactions, you may be getting strange looks from an increasing number of customers. That’s because signatures are no longer required from the major credit card processing companies for EMV chip card transactions, so most businesses have stopped asking for them.

Businesses that accept payments from customers must be aware of NAICS, MCC and SIC codes. These codes can affect how the Internal Revenue Service (IRS) classifies a business, tax payments, and interchange rates.

Consumers are tipping more than ever these days, but it's not always because they want to. Point-of-sale machines that suggest tip amounts to customers based on what they purchased is facilitating a trend The New York Times calls “tip creep,” where tipping $3 on a $4 cup of coffee isn't unheard of anymore.

If you accept credit cards at your store or business venue, you might use a desktop point-of-sale machine or some other plugged-in form of EMV equipment. But keeping your staff behind a counter or tethered to a single location may not be working for your customers, or your business, anymore. Having to wait for a countertop point-of-sale system to open up can cause long lines, confusion, and frustration in your store – meaning missed sales for your business. There are other payment devices available to help optimize your business.

Get an at-a-glance view of how we compare to competitor merchant services solutions providers. From rate differences to equipment set-up, get the information you need to make an informed and strategic decision. Some of the brands that will be compared include: Square, PayPal, QuickBooks Payments, Dharma, Fattmerchant and Cayan.