RedFynn Technologies

Point of Sale | Payment Processing | Business Solutions

"POS" Articles

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4 Ways to Convince Your Merchants to Upgrade Their POS Hardware Regularly Once you complete a sale and sign an agreement with a merchant, it’s often easy to just move onto the next one and focus on finding more of them to sign. Merchants you’ve signed tend to stay happy and complacent as long as their hardware and software are functioning properly and don’t get in the way of their sales. However, there is a lot of value in ensuring those merchants keep their hardware up-to-date, and value … [Read more...]

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4 Ways Cash Discounting Benefits Both You And Your Merchants In a society where fewer and fewer people are carrying around cash on a daily basis, offering cash discounting programs may seem antiquated or a waste of time to some merchants. When there are so many easier ways to pay, from credit and debit cards to just tapping a phone on a card reader, it’s understandable why the old ways of paying with cash (and having to wait for change) have fallen behind. Because of this, even though cash … [Read more...]

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4 Ways to Help Merchants Prevent Costly Outages This past Father's Day, one of the nation’s largest retailers, Target, experienced an outage in their point-of-sale systems which prevented them from accepting credit card payments for over two hours. While the timeframe seemed like an eternity for both employees in the store and their customers who just wanted to check out, a 2-hour outage isn’t a horribly long time in the scale of these kinds of issues. Despite this, it’s estimated, Target lost … [Read more...]

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3 Methods for Innovating in the ISO Payments Space Sometimes in the payments industry it can feel like you’re one in a million other ISOs or agents just looking to make a buck. It can be very difficult to differentiate yourself and stand out from the crowd; why should a merchant choose you to handle their business? In order to stay relevant, make business owners excited to work with you, and ensure they never consider going with someone different, it’s important to always be innovating in the … [Read more...]

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Find out more about our ISO agent program today.       Submit Clicking the submit button means you agree to our privacy policy. If you decide you no longer want to receive correspondence, you can unsubscribe by clicking the "unsubscribe" link, located at the bottom of each … [Read more...]

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Master your Restaurant Inventory with an iPad POS System Your inventory management system is a vital part of your business. If you don’t have a quality system to help keep track of your stock, it could put you out of business. You either buy too many food items that may not sell, requiring you to throw it away because it spoils. On the other hand, you may not realize when you’re running low on one of your most popular food items. Keeping track of inventory is hardly the most exciting part of … [Read more...]

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Patio Season: Prep for Your Busiest Days of the Year Spring is finally here, which means summer is just around the corner too. As the weather starts getting nicer, people start coming out more, and your restaurant needs to be prepared for one of your busiest times of the year. This is especially true if you have a patio. Here are some tips and tricks to make your restaurant the talk of the town for outdoor dining during spring and summer. Freshen Up Your Menu Spring is the perfect time to … [Read more...]

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How to Choose A Point-Of-Sale System For Your Restaurant A point-of-sale system is a software and hardware program that enables restaurants to keep up with competition by providing the best service despite a fast-paced environment. With the right amount of input, a POS system can be very handy for restaurants in minimizing waste, streamlining operations, maximizing payments accepted, and much more. A point-of-sale system encompasses a plethora of business functions that are extremely useful … [Read more...]

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5 Payment Trends That Matter in 2019 In the past, a majority of payments were made by cash or check. However, digitalization is the new way of overcoming the cumbersomeness of cash and offering a more seamless experience. We are now widely a cashless society as the volume of credit card transactions has significantly increased. According to Statista, the number of non-cash transactions in the United States in 2012 was 127.7 billion compared to the projected transactions of 211.7 billion in … [Read more...]

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What is PCI Compliance & why is there a fine? PCI stands for “payment card industry” or you may see it as PCI-DSS which stands for “payment card industry data security standards”,  it sets the credit card payment standards that we, business owners, need to comply with. So if your business accepts credit card or debit card transactions that stores, processes or transmits a cardholders data, you will be required to be PCI compliant. Heading the PCI is the PCI Council, which is composed of the … [Read more...]

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How payment processing should integrate with your business tools Payment processing is a term used in describing processes and services that automate payment transactions used typically between merchants and customers. This is commonly a third-party service that verifies payments, and declines or accepts credit card transactions on behalf of the merchant using secure and reliable internet connections. Payment Processing should be integrated The industry of payment processing has drastically … [Read more...]

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New POS system can give your customers more confidence in purchases Instilling confidence in your customers when they visit your business, as well as providing them with what they want, is imperative. It’s especially necessary for today’s market where consumers do most of their shopping and ordering online. As a restaurant or retail owner, it is essential you be aware of the value a point-of-sale system brings to your business. A point-of-sale system will assist in running your operations … [Read more...]

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When you go to the grocery store or out shopping, you will inevitably make your way to the front of the store to purchase your items at the cash-out area, or the “Point of Sale,” as it’s known to us business folk. It is at this point in the process when you are ready to pay for your items. The point of sale is not only part of the process, it is also the physical place where the transaction occurs. It also refers to the machine or device used to complete the transaction. It used to be … [Read more...]

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POS Systems A POS System has many functions, but the primary function of a “Point Of Sale” system is accepting payments in exchange for goods or services... or, said more bluntly, the primary function of POS systems is taking money! Every business wants to make money. Without the ability to make money, there would be no reason to have a POS system. A POS helps guide both the buyer and the seller through the process of making and accepting payments. The basic function of a POS (accepting … [Read more...]

Filed Under: POS

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All About Point-of-Sale Systems What is a Point of Sale System? In the simplest terms, Point of Sale Systems are the computerized retail management system which allows a consumer to purchase his or her goods or services, whether in a physical store or through a digital interface (like an eCommerce store). Literally, the point of sale is that moment and location when the customer pays for what he or she is buying. So, the system for this point of sale, is what manages the inventory of … [Read more...]

Filed Under: POS

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