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When you’re running a business, choosing the right option for taking payments can become overwhelming. If you’ve been getting by with a simple payment terminal to process transactions not only are you settling for a lower threshold of security, but you are missing out on an opportunity to grow your business using the data automatically generated by using a point of sale system instead. Like traditional terminals, a point of sale system gives you the ability to process credit and debit cards, but comes with enhanced security through more options for taking payment and dozens of applications that will help run your business more efficiently. The team at SilverEdge is trained to help you make the right choice for your business needs.

No matter the industry you’re in, all business owners have one common goal and that’s to make money. If you allow yourself to be too distracted by your big idea or the excitement of making a sale, but don’t pay close attention to the finances,...

Over the past few decades consumer credit card use has risen exponentially. While some businesses still only accept cash, the truth is, that allowing credit cards increases profit. Why? Because by accepting credit cards you’re able to accommodate more buyers. That being said, accepting credit cards is anything but free. To offer credit cards you have to work with a credit processor, who adds fees to your account and every transaction. Luckily, you have a wide variety of credit processors to select from. By understanding their merchant processing contracts and identifying important criteria in their contracts, you can select the best processor for your needs with the lowest cost per transaction.