General Education for Restaurant Owners
Articles to help restaurant owners understand how the world of Point of Sale (POS) sales works from equipment to processing.
Basic Vocabulary Fundamentals
Basic Vocabulary of POS Systems
Merchant services and point of sale systems aren’t that complicated once you understand the fundamentals and vocabulary:
- Processing Vocabulary
- Equipment Vocabulary
- Data Vocabulary
- Cash Discount, what is it?
Understanding the POS and Merchant Services Business
How POS sales people and Credit Card processing make money
Obviously a restaurant owner wants to pay as little overhead as possible to run your restaurant. However working with the right partners isn’t going to happen for free: pos and merchant services sales people need to make money. Working with a merchant services provider is an ongoing relationship, so it’s a good idea to understand how the business works and the different strategies that are charge for the services you need.
How Sales People for POS Systems and Credit Card Processing Make Money
There are many ways a merchant services sales person can make money. This article will examine the top 6. Monthly Fees Merchant services salespeople typically earn a portion of the monthly fees charged to merchants as ongoing residual income. Depending on who they...
POS and Credit Card Processing Cheat Sheet for Restaurant Owners
We have crafted an easy-to-understand vocabulary page to make understanding the world of digital cash registers easier to understand. Enjoy! Equipment Vocabulary Point of Sale (POS) Terminal Think of a POS terminal as the physical centralized digital cash...
