Recent content by Steve.L

So, got some big and “exiting” news from our “friendly” yelp! In case you haven’t heard, Yelp is preparing to add a function for its users, which will allow them to label any business they don’t like as RASIST! Yup, you heard right! And, you don’t have to take my word for it. Just look it up...

Hey Steve, I hope you’re doing great! Here’s a link to Binance US where you can trade crypto: https://accounts.binance.us/en/register?ref=35369230 You need a crypto exchange for trading and there are plenty, but the most secure I know are Binance US, Coibase and Kraken. However, each exchange...

Hello all, I haven’t seen a post regarding the FedNow, so I though I’ll start one. I’m guessing that many of you don’t know what the “FedNow” is or you haven’t heard of it yet. FedNow, is a new payment model, introduced by the federal reserve back in 2015 or so, but now is officially announced...

What about a smoker? It might take ours to cook but you could prepare them and cook them a day in advance, store them in baskets in your cooler and throw them on the Charcoal broil for few minutes prior to serving. Just an alternative option to consider.

Ok, so let’s try to clear things up a little bit. First of all, in the following link is the PAYCHECK-PROTECTION-PROGRAM-PPP BILL, for anyone that hasn’t looked it up yet. I strongly suggest that you do! Just to be clear, this bill and the information below refer to the PPP that has currently...

My recommendation would be to open a separate account for the PPP loan so you can use it for payroll and have accurate tracking of your spending. As for any other institutions, the only one I know that accepts PPP applications is the Workers Credit Union. You can find all the related information...

Well, here are some updates for things I learned over the last few days. First of all, there are no more applications submitted anywhere for either the PPP or the SBA EIDL, since the programs run out of money! In more details, only 4% of the 11k approved businesses received funding for the PPP...

Unfortunately, you’re not alone. I had customers who closed their businesses for 2-3 weeks and they opened back up. It’s a tough time for everyone, that’s for sure. I tried to provide as much information as possible, so anyone could take advantage of such programs. I applied for the EIDL on...

Hi all, I hope everyone is doing ok and staying healthy & safe. Read bellow if interested, for some important information regarding the assistance every small business can receive due to Covid-19. There are at least 3 types of funds/loans available for all small businesses, affected by...

Hi there, You shouldn’t have 3 merchant IDs for any reason, unless you specifically wanted to have it that way. Swipe, dip (EMV/Chip), NFC (contactless), and Keyed tranasactions are all included under one Merchant ID. In addition to that, you could have had an Autorize.Net account (Payment...

Sure, no problem! Anytime you want! Sent from my iPhone using Tapatalk www.poweruppos.com

@Steve[/USER] & @December: The only major issue you’ll have by switching processing companies will be your gift cards if any of you has any and are being issued through world pay There is no way to transfer that information to any other platform. As for the kiosk service, since it’s a 3rd party...

I posted an update couple months back about their upcoming pricing increase. Feel free to reach out to me if you need new processing company. I can do 0.10% + 4 cents per transaction, on a month to month contract, no cancellation fees. Contact me for more info if interested. Steve. Sent from...

Here is some information for WorldPay/Vantiv: Price increase, effective Jan. 1st, 2020. All merchants that process under 1m. The rates will increase 30 basis points (0.3%) for mid-qualified transactions and 60 basis points (0.6%) for non-qualified transactions. A monthly minimum bill of $35...

There are many posts here related to cc rates and to offset the fees to customers, that could offer a lot of information. To sum it up however, surcharge to a customer for using a credit card as a form of payment, is not allowed and it’s illegal. What’s allowed to do is to offer a cash discount...