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If you’re setting up a new business or looking for a new payment system, it can be hard to parse through all the different merchant processing terms. You need to know what kind of solution will work for your business before you can decide what to buy.
There are several ways to process payments at brick-and-mortar stores, online, or on-the-go. The best option will depend on where you’re selling your goods or services.
Brick-and-mortar locations: POS integration
POS integration is a connection between your point-of-service (POS) software and your company’s platform for accounting and operations. With a good integration system, your operations team can grab detailed info from the POS with minimal effort.
POS integration software makes it easy to centralize key data about sales, labor, and other important parts of your operations. It saves time for your employees and eliminates the need for manual data entry, which means you’re less likely to end up with data errors. Reporting is much faster, which means you can make informed decisions faster as well.
At LG Resources, we can help you find a great POS integration system for your brick-and-mortar business. We’ll show you user-friendly terminals and software solutions that make it easy to process payments, manage inventory, track sales, and generate reports.
Mobile businesses: Virtual gateways
Virtual gateways allow you to take payments from customers on the go. They securely transfer payment information between a mobile payment portal, such as a phone app or mobile card reader, and the payment processing company. With a virtual gateway, it’s easier and faster to collect payments, and it doesn’t matter where your business is located.
Virtual gateway systems also help you protect your customers’ credit card information. They come with a variety of security features, including encryption for card numbers and other sensitive information. Many systems can also automatically screen orders for fraud.
With LG Resources’ virtual gateway solutions, you can accept credit and debit cards anywhere with unmatched performance using a phone or tablet. Our mobile card readers, virtual terminals, and mobile apps let you process payments anytime, anywhere. This is a great payment processing option for mobile businesses.
E-commerce: Online payment platforms
At LG Resources, our online payment platforms are secure and efficient. We provide secure payment gateways, shopping cart integration, and customizable online stores that enable you to reach customers globally, 24/7.
We can help you handle subscriptions and recurring billing, as well as one-time payments. Our tools can keep customer information in a secure, centralized database and bill them automatically. You can set up simple monthly payments or specialized payment plans — it’s up to you!
We can also help you add a user-friendly online shopping cart to your website. Customers can easily select the items they want and pay using a secure gateway.
Ready to see our merchant processing solutions?
LG Resources offers a wide range of innovative payment solutions to help businesses save time and fuel growth. Our consultants can help you find the best option for your needs.
Get in touch with us today to schedule a demo.
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