John Skurla turns 90 May 13th! So I am writing this blog to honor my dad and the legacy he created for me, the Skurla's family, and his family and network of friends and business associates.
Recent Posts
We are continuing to receive notices from most of our hardware vendors, like the one below from
Ingenico.
"COVID-19 is continuing to significantly affect electronics manufacturing in 2021. This is impacting not only the payment technology market but
all companies in the technology manufacturing space, from automotive to smart phones, every sector is being impacted. The reality is that while available capacity remains constant, there is a global shortage of components used in semiconductor manufacturing due to the limited availability of raw materials.
As a result, lead times are increasing to 6+ months across all sectors."
We know that you have a million things on your minds right now, so we want to help you and your business with this process.
In this post, we wanted to share the link to the reporting form, as many of you have had questions:
And the link to their website.
Below is the information we have shared before.
Many indicators point to a busy tourism season this summer. After the pandemic, there is a lot of pent up demand for people to get out and see our great state! (Yes, tourism is a season in Alaska, just like breakup is a season.)
Payments are always a hot topic, especially trends in mobile payments. So, we wanted to share some highlights from an article published by RSPA (Retail Solutions Providers Association), written by Mark Bunney, Sales & Marketing Leader at Ingenico:
We have heard from suppliers that an increase in paper prices is forthcoming and wanted to give you a heads-up.
"During the past few weeks, all major Mills that supply thermal and other paper grades to the North American market have announced price increases ranging from 8% to 15% depending on the grade and weight of the paper."
Proactively, we have brought in extra stock before the price increase goes into effect.
So if you want to stock up on a few boxes to save money, please contact us to place an order.
Our friends at Auto-Star recently shared this article about trend for 2021, and we wanted to share with you!
1. More Payment Options at the Point of Sale
The first retail trend that can be expected in 2021 is the innovation of POS systems. If you’re still using an antiquated cash register with a card reader and no other payment options, you’re already behind the times. As the number of people who use smartphones increases every year, more people are storing their card information in eWallets, preferring to pay with their smartphone.
Retailers should anticipate this trend in 2021 and consider accommodating a range of payment options, including contactless, cardless, and eWallet payments. Additionally, retailers will want to consider adopting mobile POS devices to take payments curbside or anywhere in-store. As mobile POS payment transactions saw a 40.2% growth year on year growth, retailers should expect this trend to continue in the coming year.
There are all sorts of credit card gimmicks these days. Are they legit? Do they save your business money? How hard is compliance?
Offering your customers a discount for paying with cash or check is nothing new.
Neither is adjusting how much a customer pays if they use a payment type that results in higher processing costs for the business owner. While these concepts have been around for quite some time, they have recently been brought back into the spotlight, especially for businesses hard hit during COVID.
Today, we are here to talk about one of the easiest ways to save money on your credit card fees - through the Non-Cash Adjustment (NCA) Program:
With a Non-Cash Adjustment, your list prices have a built-in cash discount incentive. Customers who pay with credit and signature debit cards do not receive the discount and will see a Non-Cash Adjustment on their receipt.
On average, businesses can save $9,500 a year simply by sharing their processing costs with their customers.
But make sure use a trusted partner when implementing this programs - you want to make sure you are staying compliant with the program!
