Pinelabs

  If you have ever had a business that involved taking payments, than you already know how incredibly important it is to stay in touch with your processors. Most business owners have either used wired connections to take payments or some type of mobile device that was not truly mobile. Enter the pos machine. This wireless device should offer you all of the same access to your processor as the wired connection, but with the mobility to go anywhere and conduct business. The wireless pos machine is easy to use and enables customers to pay for services using a credit card, debit card and optionally using cash. The machine can be used on its own or connected to PC or tablet. After connecting the device to a computer it becomes a full functional POS system with all the necessary software installed. It enables the user to operate business in all possible directions: sales, accounting sale, goods receipt and other operations. How Does Wireless POS Machine Work? The wireless pos machine al...

Top Factors Affecting Debit Card EMI Eligibility The Debit Card EMI is a new EMI method using which consumers can avail EMI on their debit cards. Consumers utilising this method on merchant POS don't need to have the entire amount of the product in their accounts at the time of the transaction.  In addition, such consumers are free to use the existing funds in their bank accounts. By using their bank's pre-approved overdraft facility, they will have their EMI amounts automatically deducted every month from their account, making it simple and completely hassle-free   Let us look into some of the factors that affect debit card EMI eligibility:  Your phone number should be linked to your bank account: Debit card EMI eligibility is determined by the card number and registered phone number. Because of this, consumers should always use the phone number registered with the bank when making a payment. Your account should have sufficient funds: Most banks do not require custome...

QR Code pos payments are now being used in a business's choice of payment processing. Customers will pay through the QR code reader app on their smartphone or tablet and then the funds will be transferred directly into the business account, whether it is a bank account or PayPal. How do they work? You must have come across a QR code or two while searching for something online. These are often found at the end of advertisements, at the bottom of a product page, and even on receipts at online stores. They basically allow you to scan a code to get some more information about a product or service. There are different types of QR codes, in fact there are many types and they can be read by various applications, for example, tracking numbers on a package, Skyping someone, and many other uses. Nowadays, there are also many QR code scan apps available that allow users to scan QR codes with the utmost ease. All the user has to do is open the camera and place it towards the QR code; this wil...

 1.  Buy Now, Pay Later payment is a financial service created by Pinelabs that offers the benefits of instant purchases while helping consumers avoid the pitfalls associated with credit cards and other forms of consumer debt. The service uses a simple interest rate, rather than the typical credit card interest rates, and allows customers to pay off their purchases in smaller increments; consumers pay for what they buy within 12 months as payments become due on a monthly basis. 2. We have found some pretty impressive evidence that anybody can be successful on Buy Now Pay Later payment --if they follow the basic rules. I did that but also found another way. No matter how broke you are, I mean, it's a network effect. The more people use it, the more people get out of credit card debt and the more trust is built in the system. That said, you know, I'm not trying to be a cult leader here -suggesting everyone love me...

POS systems are a great tool for businesses to help boost sales. Used by all types of businesses, POS has many functions in making your customer experience faster, easier and even more convenient. First, it allows you to accept credit and debit cards from your customers, increasing the number of payment options you offer. Second, you can use it to aggregate all of the information about your business in one database. Thirdly, it automatically calculates the sales tax, helping you manage your cash flow and financial information more accurately. And finally, POS makes it easy to fulfill a sale simply by pressing a button! POS working flow The actual way the information passes varies depending on the merchant pos machine. For example, some merchant pos work by having a coded magnetic strip on top of the terminal. When the card is swiped, it passes through this strip which decodes the information and sends it to the server. Another way is to use EMV or Europay Mastercard Visa technology. T...

  “ Shop Now, Pay Later ” solutions offer a new twist on point of sale financing for retailers with simple installment plans. They are designed not only to help consumers finance purchases conveniently but also allow retailers to add new sales channels and manage costly abandoned carts without looking for new sources of capital. Buy now pay later credit solutions are a proven way to increase sales for merchants. In addition to increasing sales, offering this payment option captures the interest of consumers for future purchases. There are many benefits to adding an installment payment solution to merchants, including: Reaching New Customers You want to offer multiple ways to pay, because not all your customers carry credit cards. Younger generations especially like using their debit cards, as well as apps like Paypal to complete transactions.  With Pinelabs Payments, you can accept any kind of online payments that you think will help to build your business with offering buy n...

When choosing a POS system, there so many factors you must put into consideration. These include POS machine cost Payment Gateway So which one should businesses focus on more? Or rather, which one is more relevant? To answer this question correctly, you need to understand both options and their impact on your business. Payment Gateway With so many options available in the market, you want to find the  best payment gateway  that can Process, authorize and accept or decline transactions Accept multiple payment methods, including mobile, credit, and debit card (both physical and online) Secure and can prevent fraud Enhance online security Fast and easy to use Easy to integrate with the rest of the systems in your business and so much more Affordable POS Machine Cost When it comes to business, the cost is always a critical factor worth consideration because it directly impacts the profit. To maximize profit, one has to find a way to minimize the cost of running a business and max...