Invoicing and billing are some of the most important parts of your business, regardless of whether you are a freelancer or running a small business. Invoices are the documents that you send out to the clients mentioning the services they have paid for.

The mobile payments market is ready for a big shakeup. Mobile applications can now turn any smartphone into a virtual wallet by downloading an application that allows users to pay with their phone at local businesses.

Imagine not carrying enough cash when you're out shopping and want to buy some items that weren't on your list. That's precisely where the ScanPay VISA® Debit Card helps.

Digital wallets are becoming increasingly popular, and with good reason. They make life easier! But before you start using one, you need to know how they work, what they can do, and how they differ from traditional payment methods.

One of the most important aspects of any small business is keeping track of finances. This can be a daunting task for entrepreneurs who often juggle two or three jobs at once, but it's vital to success.

A new technology called contactless payment is a growing trend in the retail industry. This technology utilizes an app on your phone to make purchases, similar to Apple Pay or Google Pay. Contactless payment can also be used in various ways, such as paying bills, buying products online, and even at vending machines.

An automated payment system is a digital payment solution that facilitates enterprises with cash exchange through credit/debit cards and mobile applications. The process ensures cheaper transactions are easily made through card readers and online scanners.

Quick Response (QR) scan codes became increasingly popular with the beginning of the COVID-19 pandemic. These codes either store or link information about a product or service, allowing businesses to accept contactless payments.

QR codes are often used to track product information in a supply chain. Built-in QR readers in smartphones also enable easy marketing and advertising. Moreover, restaurant owners are now using QR codes that offer diners a contactless way to view the menu and place orders. QR codes can connect with any URL to help restaurant owners build customer loyalty in several ways.

A critical step of e-commerce transactions is making payments. Many customers hesitate from making payments online due to a wide range of security and data privacy risks.

The process of managing your business can be made much easier using specialized applications and software. You can also run your handyman business through your phone by managing customers, writing notes, accepting online payments, tracking payments, and creating orders.

Accepting digital payments has become essential for businesses in today's digital age. Here are some best practices to consider when accepting digital payments

Getting a dispute can be really frustrating, especially after all the hard work you put in. Disputes are handled by the cardholders’ bank, and they require evidence to rule the dispute in your favor.

Disputes can be raised by customers in any business transaction, and they can be challenged and eventually won only by sharing solid evidence.

Denver-based Emergency Locksmith wanted a substitute for the card readers he kept forgetting. But he did not think he would end up giving his customers a better experience and more payment choices.

Around The Town Moving & Storage wanted to give customer’s a better, more secure payment solution than calling up the office and giving their card details.

MG Handyman, a Houston-based handyman services company, wanted a solution to the flimsy credit card readers that constantly got misplaced. They didn’t think they would end up saving money too.

In 2020, mobile payment technology collectively welcomed 6.5 million users, most of whom were Gen Z and millennials. They’ve streamlined the technological aspect for several small businesses and professionals.

According to a 2020 report by the Insurance Information Institute, consumers collectively lost $3.3 billion to identity fraud. The scares of Halloween may not be real, but if this statistic is anything to go by, the scare of choosing and using the wrong payment solution is quite realistic.

ScanPay offers a mobile digital payment app for contractors and other service professionals that makes financial transactions easier for all parties involved.

The COVID-19 pandemic has transformed the way businesses operate. Health concerns, the need to reduce human contact, and changing shopping habits have increased the use of contactless payment options.

Household services are jobs of a domestic nature requested by homeowners for the proper running and maintenance of their property. They include everything from cleaning to cooking, and basically, everything else that keeps a house in running order.

QR code payments are short for Quick Response code payments because they allow users to access information almost right away. Like all things electronic, their usage grew by an impressive 11% in the pandemic’s wake.

Mobile POS systems have, by and large, replaced cash registers and manual bookkeeping. These innovations have reduced human error, oversight, and fraudulent activity for smaller businesses that previously lacked a proper payment gateway. And that’s not all these apps have done.

Small businesses have always been first hit by economic changes. The pandemic making maintaining cash flows for small business owners irregular is the most recent example. A report by JP Morgan Chase revealed that many businesses were affected primarily because consumers cut their spending.

On average, small and medium businesses in the US spend 15 days and $6000 in labor costs to chase delayed payments EVERY YEAR. As of 2020, there were 3.7 million micro-businesses. That was 532,800,000 working hours down the drain. Surprising, isn’t it?

In mid-2020, a US Bank study found 82% of the time that businesses failed had to do with the fact that they didn’t understand their cash flow. The lockdown only made things more unpredictable for small businesses and created an 'all bets are off' situation for those who did manage their cash flow properly.

ScanPay helps thousands of businesses in the US accept contactless payments (Apple Pay, Google Pay, Samsung Pay) through the ScanPay mobile payment app.

In February 2021, 85% of Americans were reported to own a smartphone. The statistics were a stark contrast to the 35% of Americans who owned a smartphone back in 2011. The new trend is indicative of the fact that most Americans are well-acquainted with the latest technology. Global statistics are no different.