7 Popular Clover Apps

The best thing about Clover is that there is an App Market that you can customize your point-of-sale terminal to do exactly what you want and need.  Almost any feature you could think of is available for download to your Clover terminal. We wanted to share with you some of our favorite Apps that we think are the most helpful and beneficial to business owners.

Online Store

This app allows you to create a professional quality e-commerce site and serves as your direct gateway.  You can start adding profit to your business by adding your good and services online.

Gift Cards

Adding gift cards to your business can help increase your offerings and overall profit.  Statistically, gift cards improve customer loyalty rate along with spending rates. 

Print Customer Info

This app allows a business to print all the information needed on one receipt.  Your business customizes and and all information that you want printed for your customer (and for your own records)!

Social Branding

This app allows you to promote your social media presence on your customers’ receipts. You can add up to four logos or icons that you can print on receipts with a custom message for each one.  With the rise in social media this can be crucial for any business.

Appointments Pro

This pivotal app can schedule customer appointments for multiple employees and view appointments by day, week, month and/or agenda. You can also send customers appointment reminders through Google Calendar and manage customer contact information and appointment history – you can also view appointments from anywhere using Google Calendar.

Analytics Connector

The application submits sales data directly to the Google Analytics service where you can track sales data by product, time and location. You can combine it with your online and multi-channel sales data for the ultimate in visibility.

Ping Me If

A business owner wants to feel like they can leave and feel that they will be notified of any big happenings and with Ping Me If, it is possible.  The app allows you to receive alerts when specific events (set by you) happen in real time.  This makes leaving a little bit easier for owners and managers.

It is important to note that there are over 100 apps in the Clover App Market and some will serve your business better than others.  It is important for you to have a merchant service partner that can help you find the apps that are crucial for your business.  Apex Payment Solutions is dedicated to helping you maximize your business through the Clover POS and the Clover App Market.  Contact us today to see how Clover can help your bottom line!

Merchant Service Lingo

When you are reading your processing statement, it is important to understand the lingo…so you know exactly what you are getting charged for each time!  We are here to give you a little insight and breaking down the terms so that you can read and interpret your statement with ease.

POS

POS is simply an acronym for point-of-sale – the place where customers make their payments.  With credit card processing it refers to where the credit card is swiped.  This can include mobile, wireless and virtual terminals.

Card Not Present (CNP)

This refers to when a credit card is manually inputted because either the cardholder or the credit card is not present during the transaction.

Batch Fee

These fees are charged each time money gets deposited into your bank account.  The batch is a sum of all the earnings during a given period of time – most commonly each day.

Transaction Fee

This fee is charged every time that a payment is processed.  These are usually anywhere between $.05 - $.30.

Average Ticket-size

This refers to the average dollar amount of each credit card transactions. 

In order to get your average ticket-size, you simply take a monthly processing volume by the number of transactions to arrive at the average ticket size.

Monthly Processing Volume

This is the sum of the monthly credit/debit card sales (in dollars) that a merchant processes.

Qualified vs. Non-qualified

This classification that a processor decides what qualifies for the lower rate and what does not for the lower rate and what doesn’t.   With this classification so many different things apply – business cards, swiped vs. keyed or AVS verification.

Basis Points

This s the percentage a merchant is charged on a credit card transaction.  One basis point is equal to 1/100^th of 1% (i.e. 25 basis points = .25%).

It is important that you are confident and knowledgeable about your merchant services.  It is essential that you are able to read and understand your statements.  Apex Payment Solutions is here to answer any and all questions you may have about credit card processing.  Contact us today so that we can help make all of your credit card processing as simple as can be for you!

Seven 4th of July Fun Facts

Since we celebrated our Nation's birthday yesterday, we thought that we would have some fun on the blog today and give you 7 fun facts that you may not know about the 4th of July!

Fact 1

According to some historians, July 2^nd is the actual day of Independence, but it is celebrated because that’s when congress agreed and accepted Jefferson’s declaration.

Fact 2

The “Star Spangled Banner” was not declared the official national anthem until 1931.  It was originally written as a poem but was later put to music.

Fact 3 

Three U.S. presidents have died on July 4^th – John Adams, Thomas Jefferson and James Monroe.  One president was born on July 4^th – Calvin Coolidge.

Fact 4 

97% of fireworks in the United States are imported from China.

Fact 5 

Over 150 million hot dogs are consumed each year on July 4^th!

Fact 6

July 4^th wasn’t deemed a federal holiday until almost 100 years after declaring independence in 1870.

Fact 7 

When watching fireworks, you do see the sky light up faster than you hear the booming sound because lights travels about a million times faster than sound.

We hope you enjoyed our little 4th of July trivia.  Check back next week as we look into how we dive into the back end of a credit card transaction.  Contact us if you have any questions about your processing needs.