Payment insights, practical business guides and news from the Gulf Management Systems team.
Digital Wallets | Why Your Business Should Accept Mobile Payments
If you have ever gotten to the checkout line at the store only to realize that you’ve left your wallet at home, you are not alone! Thankfully, paying for transactions with your phone or other…
Giving Tuesday | 10 Campaign Ideas
Giving Tuesday is celebrated on the Tuesday after Thanksgiving every year. This year, we will celebrate this day of giving on December 3rd. Giving Tuesday was founded in 2012 by New York’s 92nd Street Y…
Payment Gateway | 5 Benefits of using a Payment Gateway
What is a payment gateway? A payment gateway is the technology responsible for authenticating and securely transmitting payment data between parties involved in the payment process. Essentially, a payment gateway is the “virtual” equivalent of…
Chargebacks | What is a Chargeback and how can I prevent them?
As a business owner, you are probably aware that your relationship with a customer doesn’t end right after they’ve completed their transaction. As soon as a customer decides to make a purchase, a series of…
ACH Payments | How to Set Up ACH at your Business
Do you collect recurring payments from customers or clients? Does your business accept large ticket purchases for products or services? If so, your business should be accepting ACH payments! In an ever-changing world of financial…
ACH Direct Deposit | How Does It Work?
Over 90% of Americans receive their pay by what is commonly known as direct deposit – a payment method that runs off the Automated Clearing House (ACH) network. The ACH system has become a vital…
Credit Card Reader | Best Credit Card Readers
Today, consumers have the convenience to pay for goods and services using a variety of payment methods. Consumers can pay by credit card, debit card, or even near-field communication with a credit card reader. The…
Clover POS System | 3 Types of POS systems by Clover
Do you have a restaurant, retail, eCommerce, or service business? For many businesses, the point-of-sale software (POS) is much more than just a piece of hardware – it’s the lifeline of your business operations! Luckily,…
Payment Methods | 6 Common Types of Payments
What is a payment? A payment is the transfer of money in exchange for goods and services that have been previously agreed upon by all parties involved. There are many different types of payment methods.…
The Best Gym Software | Top 10 Gym Solutions
Are you in search of the best gym software for your fitness business? Whether you’re running group fitness classes, a martial arts studio, or a 24-hour gym, you need some type of gym system to…