Affordable Tablet POS Systems That Support Open Checks and Tips from Groovv and ShopKeep POS

Android and iOS based POS Systems perfect for small and mid-size restaurants, coffee shops, bars or any business that accepts tips or open tabs.

Most mobile credit card processing solutions are not able to handle tips or open checks (tabs) at all, acting strictly as the equivalent of a counter-top terminal for swiping or key-entering a single transaction. This works well enough for most people, who rarely will need modifiers of any sort. However, business owners wishing to move away from or avoid altogether the high-priced POS systems now are seeing viable options appear in the affordable tablet-based solutions entering the market.

While affordable solutions such as Harbortouch have begun presenting themselves in the market for full POS systems required for high-inventory merchants who need extensive employee tracking and reporting for the accountant, the mobile marketplace has seen an explosion recently with excellent retail solutions like

Cash Advances for Merchants

"Merchant Services" are generally understood to center around the processing of payment data from bank cards or gift cards and the like. There is another aspect to these services, however, that some businesses benefit from in ways that can quickly help them expand, cover shortfalls or otherwise access needed resources without having to go through a lengthy process or get tied into bank loans or mortgages.

By getting a cash advance from their processing company, merchants are able to put funds directly into their bank account and have the balance automatically paid off over a short period of time simply by automatically deducting a percentage of the credit card sales made by the merchant's customers (or, to look at it another way, to pay a higher percentage on sales to cover the repayment of the advance).

An advance program can be used to purchase additional inventory, do necessary repairs or upgrades, or simply pay some bills. Funds can be delivered usually within 5-10 business days. Sometimes even in as little as 72 hours.

This is good for merchants who need the money quickly, those with little collateral or if they have limited access to other areas to get the funds. 

In order to get access to this type of funding, a merchant will generally have to work with a sales agent from the processing company they use. These cash advance programs are great for sales agents, because they generally will share in the profits made on interest, get a nice upfront bonus from the processing company, or both.