One year ago today, The Clearing House debuted RTP, its Real Time Payments system for the US financial market. Supported by all the member banks of The Clearing House, RTP is off to a strong start. It’s estimated that 50% of eligible demand-deposit accounts will be able to receive an
It takes a lot of hard work and long hours to make your dreams come true. C-Store owners everywhere know this to be true. There are different challenges you face everyday, but the success you see makes it all worth while. In a competitive business like the c-store industry, there are
UPDATE: This year, Halloween spending is expected to reach $9 billion. This number is second in 14 years only to last year’s record of $9.1 billion. While $6.3 billion is expected to be spent on costumes, decorations, and greeting cards, there is still $2.6 billion dollars left to be spent on
In today’s highly personalized and competitive retail world, data is gold. Modern POS systems specialize in collecting data so that merchants can improve business operations and profitability. But there’s another valuable tool that your merchants may overlook: the IoT.
In payment processing, acquiring new merchant accounts is time consuming and costly. And with churn rates running up to 22% every year, it’s a never-ending hassle. But there is one profitable vertical that acquirers have yet to tap: mobile merchants.
Many c-store owners think that signage is something they don’t really have to focus their attention on. However, that couldn’t be farther from the truth. Signage is how you communicate with your customers when you can’t speak with them directly. The signage outside your store is how you communicate with
Since the early 2000s, Amazon has been disrupting and challenging businesses in most consumer product and service industries. The ecommerce giant has single-handedly transformed the way that consumers choose to spend their money, find the products they want, and get the products to their homes. For some time, the businesses
We’ve talked about the changes in the way c-store customers shop quite a few times. What you may not be aware of is the fact that in the past four years, overall consumer trips to any retail location have steadily declined. Even during the holiday quarters, trips are down three
It’s no surprise that consumers prefer establishments that are clean and safe, even convenience stores. No one wants to risk getting sick simply from using the restroom or grabbing a snack. If you aren’t keeping your c-store clean and complying with regulations, you are not only putting the health and
One of the best parts about operating a c-store is that they are universally recognized across the world as a place to pick up quick essentials. Chances are international customers shop at your convenience store or small grocery store every day. You might wonder how you can best serve them,
Knowing the importance of your convenience store’s location is key to the business’ success. Your location will determine how you run your business and allow you to make better decisions. When determining the key factors in the success of your business, here are 5 things you should know about your
Over the past 29 years, we’ve been hard at work providing a wide range of customized solutions to payments providers and other partners in the industry. Because the industry moves quickly and is almost always changing, staying ahead of the curve in technology, security, and processes has always been our
The lottery has long been a staple of convenience stores across the nation. It appeals to a wide range of customers, and although it doesn’t offer the highest commissions for stores, it is a great traffic driver.
The meteoric rise of bitcoin over the past year has led to all sorts of exciting predictions about its takeover as a mainstream currency. But is that hype or fact? We’ve sorted through the stories to let you know what practical use bitcoin may have for your merchants.
The shelves in your c-store are more important than you might think. Yes, they’re what hold your products, but many retailers are finding a competitive advantage by following and implementing the latest shelving innovations. Their shelves attract customers to products; they make shopping more natural, and they’re boosting sales. Don’t
Stay powered up with goEBT! Get the latest news, trends, and tips to grow your business – delivered right to your inbox.
