An effective business strategy for merchant services providers, ISVs, VARs, and other solutions providers is to specialize in a specific vertical or market. Doing so allows them to become experts in the needs of their customers in that niche and the solutions that prove to be the most valuable. However, if a provider focuses on restaurants, it might not be that simple. Different restaurant models operate in very different ways.
It’s back-to-school season, and parents are shopping based on class supply lists and what’s missing from their kids’ closets. But for retailers, the focus is different. The back-to-school season typically generates the second-highest spending annually after winter holiday shopping.
Spa and salon owners know that creating a relaxing atmosphere where customers can find their zen is priority No. 1. They pour all of their time and effort into making a magical experience that’ll lure people to return time and again. And, believe it or not, part of that magic is making salon and spa payments an easy afterthought because that’s what today’s customer demands.
If you’re an ISV or ISO agent looking for opportunities to grow your business, you can find opportunities offering childcare payment solutions. Grand View Research reports that the U.S. market, which includes early education and daycare, was valued at $60.4 billion in 2022 and will grow at a 4.18% CAGR from 2023 to 2030.
Independent software vendors (ISVs) and independent sales organizations (ISOs) both provide merchant services, and often total point of sale (POS) solutions, to merchants. Although they have that in common, they go about it in different ways. While other payment companies prefer working with an ISV vs. an ISO, North American Bancard welcomes partnerships with both and has a track record of helping each type of business achieve success.
The Midwest Acquirers Association’s event is just around the corner. On July 19-20, MWAA 2023 will be held in the Renaissance Schaumburg Hotel in Schaumburg, Illinois, just a 30-mile drive from downtown Chicago. MWAA has been hosting these important events for the payments industry since the first show it held in Chicago back in 2003.
The Southeast Acquirers Association (SEAA) is welcoming hundreds of attendees at the oceanfront Diplomat Beach Resort, June 12-14, in Hollywood, Florida, for its annual conference. The SEAA has been hosting these events to promote education and provide networking opportunities since 2001.
Insights into the factors that small and medium-sized businesses (SMBs) use when choosing a point of sale (POS) system are valuable pieces of data for sales partners and their sales teams. The Strawhecker Group (TSG) recently shared with North American Bancard results from a survey to learn just that — TSG polled more than 600 decision makers in retail, restaurant, services, and professional services (including healthcare) verticals to gain a broad perspective.
