How Does Payment Processing Work?
If you own a business, or plan to start one, you will inevitably face the decision of choosing a credit card processor. These companies are a crucial piece of the entrepreneurial team that helps everyday work proceed smoothly. Plus, they do a lot more than just the...
How Does Ach Payment Processing Work
The letters "ACH" stand for "automated clearing house" and are commonly used in the banking and financial industries to describe a specific type of transaction. Simply put, when you use an ACH-type transaction to move money, you are sending it from one bank to another...
The Differences Between a Payment Gateway and a Virtual POS
Consumers have so many different ways to make in-person, online, and over-the-phone payments these days that it's hard to keep track of all the nuances of technology. The good news is that there are certainly lots of options, ways to pay, and super-simple techniques...
What is a P.O.S System?
Point of sale (POS) systems, sometimes called POP systems (point of purchase) are highly sophisticated, computerized components of hardware and software that record the amount, place, and time that a given transaction takes place. In addition, POS systems have the...
Why Consumers Need Contactless Payments Now
Contactless forms of payment, namely the tapping or waving of a debit/credit card over a special kind of terminal, have been around for more than a decade. But, the technology has been in the headlines recently for one major reason: the COVID pandemic. In March of...
Metro Rebranding
Metro is Excited to Announce that We’re Rebranding We’re excited and proud to announce that as of June 2020, we’re rebranding. As part of our rebranding strategy, our company name will change from Metro Merchant Services to Metro Payment Technologies. This name change...
Opening Up America Again
Opening Up America Again - Guidelines On April 16, 2020, President Trump rolled out his "Opening Up America Again" guidelines. He said that the reopening of the US would be done "one careful step at a time" but instructed governors to move "very, very quickly,...
1099/Sole Proprietors & Covid-19
1099/Sole Proprietors & Covid-19 If you are looking for funding for your business / 1099 / sole proprietorship, CLICK HERE to visit the COVID-19 Page at SBA.GOV Visit SBA.GOV We covered 4 key ways that you can get funding as an agent / ISO. Here they are with the...
COVID-19 and the CARES Act
COVID-19 and the CARES Act Businesses need all the support they can get right now, and we understand your commitment to your customers remains a top priority. That’s why we’ve compiled a list of tips and resources that will make it easier for you to navigate through...
8 Things Restaurant Owners Need to Know About Managing Sales Tax During COVID 19
File sales tax returns on-time: Even though states may be delaying sales tax payments, most states are still requiring merchants to file sales tax returns on-time. If you close temporarily, still file your sales tax returns on-time: If you temporarily close your...