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new normal after covid epidemic asian female payment progress buy scaning app by smarthine cashless and touchless new lifestyle shopping in department store cashier counter

The Impact of COVID-19 on Payments: Embracing Change

The COVID-19 pandemic unleashed a whirlwind of challenges upon businesses worldwide, and the payment industry found itself at the forefront of significant changes. With lockdowns, restrictions, and shifts in consumer behavior, the way we handle payments went through a profound transformation. One of the most striking changes witnessed during the pandemic was the noticeable decline in cash transactions. Fearing the risk of virus transmission, people increasingly turned to safer alternatives such as mobile wallets and card payments. This sudden surge in contactless payments underscored the importance of modern and secure Point-of-Sale (POS) systems. Convenience stores faced a unique set of challenges as essential businesses that remained open during the lockdowns. They had to rapidly adapt their payment processes to ensure the safety of both customers and staff. Implementing contactless payment options and enhancing hygiene at checkout counters became vital for their survival. Additionally, businesses across all sectors swiftly recognized the immense value of data insights pro樂威壯 vided by payment systems. The ability to analyze transaction data offered invaluable information about shifting customer behavior during this uncertain time. By identifying emerging trends, adjusting inventory levels accordingly, and optimizing marketing strategies, businesses managed to navigate the crisis more effectively. To adapt to the changing landscape, businesses swiftly prioritized upgrading their payment infrastructure with advanced POS systems designed to support contactless payments. Moreover, investing in robust back-office solutions that provide real-time insights into sales performance and customer preferences became crucial. Remaining agile was the key to survival in the face of the pandemic’s upheaval. Businesses had to be ready to adjust strategies based on emerging trends to ensure long-term success in an ever-changing market. Embracing innovative technologies, such as AI-powered fraud detection systems, became a necessity to safeguard against online threats while ensuring secure payments. In conclusion, the COVID-19 pandemic accelerated the digital transformation within the payment industry. Businesses, in the face of adversity, embraced change wholeheartedly, adopting advanced POS systems to facilitate contactless payments and harnessing data insights for informed decision-making. Those who managed to remain agile and invest in technology now find themselves well-equipped to thrive in the post-pandemic payment landscape. The valuable lessons learned during these challenging times will continue to shape the future, ushering in an era of secure, convenient, and customer-centric payment experiences. As the world embraces the new normal, the payment industry stands poised to lead the charge towards a more resilient and digitally connected future.

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The Advantages of Mobile Payments: What Customers Should Know

The usage of Point of Sale (POS) systems has transformed the way businesses execute transactions and conduct their operations. Cloud-based POS systems, which have been developed with advancements in technology, are now considered a potent solution for companies irrespective of their size. In this blog post, we will examine the advantages of cloud-based POS systems and investigate how these systems provide immediate data insights, remote management abilities, and scalability. Convenience at Your Fingertips: Mobile payments offer a hassle-free alternative to digging through wallets for the right card or scrambling for cash. With just a few taps on your phone, you can easily make purchases whether you’re buying groceries, dining out, or shopping online. The convenience of mobile payments extends to travel as well, as several currencies can be used without the need for exchange. Digital wallet software seamlessly integrates with mobile payments, allowing users to manage various payment options in one place. Thanks to digital wallets, credit card information, loyalty programs, and even gift cards can all be stored in one location, streamlining the payment process. Users can also effortlessly switch between multiple accounts and simplify budgeting by accessing and organizing a variety of payment options through a single mobile app. Enhanced Security Measures: When it comes to financial transactions, security is a top priority for consumers. Luckily, many mobile payment systems have innovative security features to protect sensitive data and lower the risk of fraud. These systems often use encryption technology, fingerprint or face recognition identification, and tokenization to safeguard user and payment information. Additionally, because no physical cards are required for mobile payments, there is less risk of card theft or loss. Mobile payments also have the potential to improve security by preserving digital records of transactions. Unlike traditional cash transactions, mobile payment apps can produce electronic receipts that give users a clear picture of their purchasing habits. This feature is especially helpful during tax season, as people can easily access and categorize their spending for accounting purposes. Access to Rewards and Offers: Mobile payment systems often incorporate loyalty programs, special offers, and prizes, which add extra value to customers. By linking their payment methods to these programs, users can earn rewards in the form of points, cash back, or discounts on their purchases. These incentives can then be used to lower the cost of future purchases, enhancing the overall shopping experience. Furthermore, personalized offers and recommendations based on individual shopping patterns are provided by mobile payment apps, which further enhance customer satisfaction and engagement. Mobile payments offer numerous benefits for consumers. They have revolutionized financial transactions by providing fast and convenient payment options, as well as increased security measures. Mobile payments have now become an essential part of our daily routine due to their accessibility in terms of incentives and offers, connectivity to digital wallets, and efficient record-keeping abilities. As technology continues to advance, consumers should embrace the convenience and advantages of mobile payments. By doing so, they can enjoy a streamlined and secure payment process while also gaining access to potential savings, benefits, and better financial organization.

Read More
Contactless Payments

The Rise of Contactless Payments: How Businesses Can Prepare for the Shift

Contactless payments have been gaining popularity in recent years, and the COVID-19 pandemic has accelerated this trend even further. With many consumers looking for ways to minimize physical contact and reduce the spread of germs, contactless payments offer a convenient and safe alternative to traditional payment methods. In this blog post, we’ll discuss the growing popularity of contactless payments and how businesses can prepare for this shift. What are contactless payments? Contactless payments are a type of payment method that allows customers to make transactions without physically touching the payment terminal. Instead, the payment is made using a card or device that can be tapped or waved near the terminal. This type of payment is often referred to as “tap and go” or “wave and pay” and is supported by various payment methods, including credit cards, debit cards, mobile wallets, and wearables. The popularity of contactless payments has been steadily growing in recent years, with more and more businesses adopting this payment method. In fact, according to a recent study, contactless payments are projected to grow at a compound annual growth rate of 22.2% between 2023 and 2026, driven by factors such as increased adoption of mobile payments, growth of contactless cards, and the rising demand for fast and secure payment methods. The impact of COVID-19 on contactless payments The COVID-19 pandemic has had a significant impact on the adoption of contactless payments. As the virus spread, many consumers became more cautious about touching surfaces and handling cash, leading to an increase in demand for contactless payment methods. In fact, a recent study found that 63% of consumers are now using contactless payments more frequently than before the pandemic.  Preparing your business for the shift As contactless payments continue to grow in popularity, it’s important for businesses to be prepared for this shift. Here are a few tips for preparing your business for the rise of contactless payments:  Upgrade your payment terminals: Ensure that your payment terminals are equipped to handle contactless payments. This may require upgrading your hardware or software to support the necessary technology.  Promote contactless payments: Encourage your customers to use contactless payments by displaying signage or offering incentives for using this payment method.  Train your staff: Train your staff on how to accept contactless payments and answer any questions that customers may have about this payment method. Keep up with security standards: Contactless payments are secure, but it’s important to keep up with security standards to protect against fraud or data breaches.  Offer multiple payment options: While contactless payments are growing in popularity, it’s still important to offer multiple payment options to accommodate all customers.  In conclusion, the rise of contactless payments is a trend that is here to stay. As businesses continue to adapt to the changing landscape, it’s important to be prepared for this shift and offer the payment options that customers demand. By upgrading your payment terminals, promoting contactless payments, training your staff, keeping up with security standards, and offering multiple payment options, you can ensure that your business is ready for the future of payments. 

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Tipflation and the POS System

Many things have changed since the start of the pandemic. But one thing that seems to have confounded most buyers is the sudden appearance of tipping in unexpected places.   Many small businesses upgraded their Point of Sale (POS) systems to meet the demands of contactless payments and online ordering. As a result, businesses now have the ability to gently nudge the customer to leave a gratuity before completing the transaction. The result? Tips inflation, or “tifplation.”   Who to tip, and how much to tip, is something many buyers consider when deciding whether to visit a restaurant or get takeout. Some may even opt out of purchasing altogether. Nearly 70% of Americans report they are dining out less, and many more are tipping less AND less often.   What does this mean for business owners? Should businesses cash in on this tip inflation trend? Read on to see how POS systems and tip management software can affect tipping in your industry. Tips Inflation As many people have been tightening their financial belts in recent years, the question of tip inflation has been on many consumers’ minds. And with the improvement of technology, more and more businesses are prompting their customers for tips.   This phenomenon is not new, as the now familiar tablet-based POS systems have been around for over a decade. But now everyone from the local farmer’s market booth to the liquor store down the street seems to be asking for a tip. Who Should You Tip? There’s not a clear consensus on what is appropriate to tip in many situations. In many countries, like China and Japan, it is actually considered rude to tip.   But in the United States, tipping is both expected and ambiguous. In many cases, it is technically optional. But most buyers express that they feel socially pressured to leave some kind of tip.   So who should you tip? Generally, it’s always appropriate to tip service workers, like waiters and bartenders. Beyond that, this helpful guide may help, although exactly how much you tip — if anything — is up to personal preference. Tip Management Softwares If you’re a business that traditionally receives tips, like a restaurant, a good POS system will make the purchase process simple for your customers, including tip systems that make tipping processes easy and unobtrusive.   Customers can enter their own amount or quickly select precalculated tip percentages. This helps your servers move through lines quickly and provide more efficient service.   And having a good POS system that can manage tips also makes it easier to track earnings and calculate tip credits for your employees. This saves you time and money while protecting you legally as a business owner. Upgrade Your POS Today Tips inflation isn’t necessarily bad for your business. If you are a restaurant, bar, or any type of business that customarily receives tips, a tip system as part of your POS can increase tips for your staff and help your business thrive. Modisoft POS can help your business with tip service, inventory management, and much more. Contact us today to see how upgrading your POS can strengthen your business.

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customer doing online payment using mobile devices

5 Ways Technology Has Changed the Payments Industry

Retail e-commerce sales rose by 9.4% over the last year, according to the US Department of Commerce. The industry drew over $218 billion in the fourth quarter of 2021 alone! That excludes the impact of digital payment processing on physical stores or P2P transactions.   This article explores 5 ways in which payment processing technology has changed the payments industry. Not only that but you’ll also learn how the adoption of mobile wallets has affected payment processing trends. Additionally, you’ll discover the benefits of multi-payment options and see how cryptocurrency will impact 2022 and beyond. 1. Mainstream Adoption of Mobile Wallets Although digital payments at point-of-sale arrived in 2011, it wasn’t until the pandemic that the technology turned mainstream.   Google Wallet was well-received a decade ago but never caught the public’s eye. It morphed into Android Wallet then Google Pay. But it finally gained traction over the past few years when physical transactions became limited.   iPhone and iPad users have Apple Pay, which works seamlessly with iOS. Near Field Communications (NFC) is part of every modern mobile device for quick payment transactions. Simply tap your phone against an NFC terminal and you’re done!   Expect this trend to continue as your mobile device outstrips the demand for traditional credit cards. 2. PCI Compliance Standards PCI or Payment Card Industry standards ensure that card details get stored, processed, and sent securely.   With the rise of online payments, the major credit card companies came to a simple conclusion. They needed an independent body to ensure that customers’ credit and debit card details weren’t leaked online.   The PCI Security Standards Council (PCI SSC) was launched in 2006. It oversees:   ● Who can access customer data ● The update of security software like antivirus and firewalls ● Restriction of physical access to card details   PCI now affects all businesses that work with credit card payments. Merchants must agree to abide by these conditions. That includes both online and offline stores. 3. Bypassing Banks With P2P Payments Peer-to-peer payments or money transfer apps let users send and receive money using their phones. All they need is a valid funding source like a bank account and details for the recipient.     PayPal offers this service, as does Apple Pay Cash and other payment services. Internationally, Alipay and WeChat remain popular, especially in China. In fact, most offline stores in China accept Wechat payments without the need for a card. 4. Multi-Payment Options Creating a cashless society requires multiple technology payment options. Traditional store cash drawers now include POS systems that link with NFC chip-and-PIN terminals. These tie to backend systems so managers can create and analyze reports on sales, stock levels, etc. Modisoft offers a complete package for all industry types to accept payments from multiple sources. 5. Rise of Cryptocurrency Although Bitcoin has recently reduced in value, cryptocurrency is here to stay. More websites are now offering Bitcoin, Ethereum, XRP, and more as payment options. Tesla leads the pack by not just accepting, but encouraging sales in Dogecoin. As more consumers grow comfortable with cryptocurrency, expect the payments industry to promote the technology. Hassle-Free Payments With Modisoft The introduction of new technology continues to impact the payments industry. Mainstream adoption of Google Pay and Apple Pay makes it easier than ever to purchase goods. Cryptos are now viable forms of payment. Yet, accepting money through a digital platform requires PCI compliance. Modisoft offers smart and secure business payment solutions for multiple industry types. Whether you’re a convenience store, bar, or restaurant, our digital suite of services can help. Take payments from our mPOS system or accept online orders through our Cartzie app. Contact us to find out more about our payment processing technology.

Read More
new normal after covid epidemic asian female payment progress buy scaning app by smarthine cashless and touchless new lifestyle shopping in department store cashier counter

The Impact of COVID-19 on Payments: Embracing Change

The COVID-19 pandemic unleashed a whirlwind of challenges upon businesses worldwide, and the payment industry found itself at the forefront of significant changes. With lockdowns, restrictions, and shifts in consumer behavior, the way we handle payments went through a profound transformation. One of the most striking changes witnessed during the pandemic was the noticeable decline in cash transactions. Fearing the risk of virus transmission, people increasingly turned to safer alternatives such as mobile wallets and card payments. This sudden surge in contactless payments underscored the importance of modern and secure Point-of-Sale (POS) systems. Convenience stores faced a unique set of challenges as essential businesses that remained open during the lockdowns. They had to rapidly adapt their payment processes to ensure the safety of both customers and staff. Implementing contactless payment options and enhancing hygiene at checkout counters became vital for their survival. Additionally, businesses across all sectors swiftly recognized the immense value of data insights pro樂威壯 vided by payment systems. The ability to analyze transaction data offered invaluable information about shifting customer behavior during this uncertain time. By identifying emerging trends, adjusting inventory levels accordingly, and optimizing marketing strategies, businesses managed to navigate the crisis more effectively. To adapt to the changing landscape, businesses swiftly prioritized upgrading their payment infrastructure with advanced POS systems designed to support contactless payments. Moreover, investing in robust back-office solutions that provide real-time insights into sales performance and customer preferences became crucial. Remaining agile was the key to survival in the face of the pandemic’s upheaval. Businesses had to be ready to adjust strategies based on emerging trends to ensure long-term success in an ever-changing market. Embracing innovative technologies, such as AI-powered fraud detection systems, became a necessity to safeguard against online threats while ensuring secure payments. In conclusion, the COVID-19 pandemic accelerated the digital transformation within the payment industry. Businesses, in the face of adversity, embraced change wholeheartedly, adopting advanced POS systems to facilitate contactless payments and harnessing data insights for informed decision-making. Those who managed to remain agile and invest in technology now find themselves well-equipped to thrive in the post-pandemic payment landscape. The valuable lessons learned during these challenging times will continue to shape the future, ushering in an era of secure, convenient, and customer-centric payment experiences. As the world embraces the new normal, the payment industry stands poised to lead the charge towards a more resilient and digitally connected future.

Read More

The Advantages of Mobile Payments: What Customers Should Know

The usage of Point of Sale (POS) systems has transformed the way businesses execute transactions and conduct their operations. Cloud-based POS systems, which have been developed with advancements in technology, are now considered a potent solution for companies irrespective of their size. In this blog post, we will examine the advantages of cloud-based POS systems and investigate how these systems provide immediate data insights, remote management abilities, and scalability. Convenience at Your Fingertips: Mobile payments offer a hassle-free alternative to digging through wallets for the right card or scrambling for cash. With just a few taps on your phone, you can easily make purchases whether you’re buying groceries, dining out, or shopping online. The convenience of mobile payments extends to travel as well, as several currencies can be used without the need for exchange. Digital wallet software seamlessly integrates with mobile payments, allowing users to manage various payment options in one place. Thanks to digital wallets, credit card information, loyalty programs, and even gift cards can all be stored in one location, streamlining the payment process. Users can also effortlessly switch between multiple accounts and simplify budgeting by accessing and organizing a variety of payment options through a single mobile app. Enhanced Security Measures: When it comes to financial transactions, security is a top priority for consumers. Luckily, many mobile payment systems have innovative security features to protect sensitive data and lower the risk of fraud. These systems often use encryption technology, fingerprint or face recognition identification, and tokenization to safeguard user and payment information. Additionally, because no physical cards are required for mobile payments, there is less risk of card theft or loss. Mobile payments also have the potential to improve security by preserving digital records of transactions. Unlike traditional cash transactions, mobile payment apps can produce electronic receipts that give users a clear picture of their purchasing habits. This feature is especially helpful during tax season, as people can easily access and categorize their spending for accounting purposes. Access to Rewards and Offers: Mobile payment systems often incorporate loyalty programs, special offers, and prizes, which add extra value to customers. By linking their payment methods to these programs, users can earn rewards in the form of points, cash back, or discounts on their purchases. These incentives can then be used to lower the cost of future purchases, enhancing the overall shopping experience. Furthermore, personalized offers and recommendations based on individual shopping patterns are provided by mobile payment apps, which further enhance customer satisfaction and engagement. Mobile payments offer numerous benefits for consumers. They have revolutionized financial transactions by providing fast and convenient payment options, as well as increased security measures. Mobile payments have now become an essential part of our daily routine due to their accessibility in terms of incentives and offers, connectivity to digital wallets, and efficient record-keeping abilities. As technology continues to advance, consumers should embrace the convenience and advantages of mobile payments. By doing so, they can enjoy a streamlined and secure payment process while also gaining access to potential savings, benefits, and better financial organization.

Read More
Contactless Payments

The Rise of Contactless Payments: How Businesses Can Prepare for the Shift

Contactless payments have been gaining popularity in recent years, and the COVID-19 pandemic has accelerated this trend even further. With many consumers looking for ways to minimize physical contact and reduce the spread of germs, contactless payments offer a convenient and safe alternative to traditional payment methods. In this blog post, we’ll discuss the growing popularity of contactless payments and how businesses can prepare for this shift. What are contactless payments? Contactless payments are a type of payment method that allows customers to make transactions without physically touching the payment terminal. Instead, the payment is made using a card or device that can be tapped or waved near the terminal. This type of payment is often referred to as “tap and go” or “wave and pay” and is supported by various payment methods, including credit cards, debit cards, mobile wallets, and wearables. The popularity of contactless payments has been steadily growing in recent years, with more and more businesses adopting this payment method. In fact, according to a recent study, contactless payments are projected to grow at a compound annual growth rate of 22.2% between 2023 and 2026, driven by factors such as increased adoption of mobile payments, growth of contactless cards, and the rising demand for fast and secure payment methods. The impact of COVID-19 on contactless payments The COVID-19 pandemic has had a significant impact on the adoption of contactless payments. As the virus spread, many consumers became more cautious about touching surfaces and handling cash, leading to an increase in demand for contactless payment methods. In fact, a recent study found that 63% of consumers are now using contactless payments more frequently than before the pandemic.  Preparing your business for the shift As contactless payments continue to grow in popularity, it’s important for businesses to be prepared for this shift. Here are a few tips for preparing your business for the rise of contactless payments:  Upgrade your payment terminals: Ensure that your payment terminals are equipped to handle contactless payments. This may require upgrading your hardware or software to support the necessary technology.  Promote contactless payments: Encourage your customers to use contactless payments by displaying signage or offering incentives for using this payment method.  Train your staff: Train your staff on how to accept contactless payments and answer any questions that customers may have about this payment method. Keep up with security standards: Contactless payments are secure, but it’s important to keep up with security standards to protect against fraud or data breaches.  Offer multiple payment options: While contactless payments are growing in popularity, it’s still important to offer multiple payment options to accommodate all customers.  In conclusion, the rise of contactless payments is a trend that is here to stay. As businesses continue to adapt to the changing landscape, it’s important to be prepared for this shift and offer the payment options that customers demand. By upgrading your payment terminals, promoting contactless payments, training your staff, keeping up with security standards, and offering multiple payment options, you can ensure that your business is ready for the future of payments. 

Read More

Tipflation and the POS System

Many things have changed since the start of the pandemic. But one thing that seems to have confounded most buyers is the sudden appearance of tipping in unexpected places.   Many small businesses upgraded their Point of Sale (POS) systems to meet the demands of contactless payments and online ordering. As a result, businesses now have the ability to gently nudge the customer to leave a gratuity before completing the transaction. The result? Tips inflation, or “tifplation.”   Who to tip, and how much to tip, is something many buyers consider when deciding whether to visit a restaurant or get takeout. Some may even opt out of purchasing altogether. Nearly 70% of Americans report they are dining out less, and many more are tipping less AND less often.   What does this mean for business owners? Should businesses cash in on this tip inflation trend? Read on to see how POS systems and tip management software can affect tipping in your industry. Tips Inflation As many people have been tightening their financial belts in recent years, the question of tip inflation has been on many consumers’ minds. And with the improvement of technology, more and more businesses are prompting their customers for tips.   This phenomenon is not new, as the now familiar tablet-based POS systems have been around for over a decade. But now everyone from the local farmer’s market booth to the liquor store down the street seems to be asking for a tip. Who Should You Tip? There’s not a clear consensus on what is appropriate to tip in many situations. In many countries, like China and Japan, it is actually considered rude to tip.   But in the United States, tipping is both expected and ambiguous. In many cases, it is technically optional. But most buyers express that they feel socially pressured to leave some kind of tip.   So who should you tip? Generally, it’s always appropriate to tip service workers, like waiters and bartenders. Beyond that, this helpful guide may help, although exactly how much you tip — if anything — is up to personal preference. Tip Management Softwares If you’re a business that traditionally receives tips, like a restaurant, a good POS system will make the purchase process simple for your customers, including tip systems that make tipping processes easy and unobtrusive.   Customers can enter their own amount or quickly select precalculated tip percentages. This helps your servers move through lines quickly and provide more efficient service.   And having a good POS system that can manage tips also makes it easier to track earnings and calculate tip credits for your employees. This saves you time and money while protecting you legally as a business owner. Upgrade Your POS Today Tips inflation isn’t necessarily bad for your business. If you are a restaurant, bar, or any type of business that customarily receives tips, a tip system as part of your POS can increase tips for your staff and help your business thrive. Modisoft POS can help your business with tip service, inventory management, and much more. Contact us today to see how upgrading your POS can strengthen your business.

Read More
customer doing online payment using mobile devices

5 Ways Technology Has Changed the Payments Industry

Retail e-commerce sales rose by 9.4% over the last year, according to the US Department of Commerce. The industry drew over $218 billion in the fourth quarter of 2021 alone! That excludes the impact of digital payment processing on physical stores or P2P transactions.   This article explores 5 ways in which payment processing technology has changed the payments industry. Not only that but you’ll also learn how the adoption of mobile wallets has affected payment processing trends. Additionally, you’ll discover the benefits of multi-payment options and see how cryptocurrency will impact 2022 and beyond. 1. Mainstream Adoption of Mobile Wallets Although digital payments at point-of-sale arrived in 2011, it wasn’t until the pandemic that the technology turned mainstream.   Google Wallet was well-received a decade ago but never caught the public’s eye. It morphed into Android Wallet then Google Pay. But it finally gained traction over the past few years when physical transactions became limited.   iPhone and iPad users have Apple Pay, which works seamlessly with iOS. Near Field Communications (NFC) is part of every modern mobile device for quick payment transactions. Simply tap your phone against an NFC terminal and you’re done!   Expect this trend to continue as your mobile device outstrips the demand for traditional credit cards. 2. PCI Compliance Standards PCI or Payment Card Industry standards ensure that card details get stored, processed, and sent securely.   With the rise of online payments, the major credit card companies came to a simple conclusion. They needed an independent body to ensure that customers’ credit and debit card details weren’t leaked online.   The PCI Security Standards Council (PCI SSC) was launched in 2006. It oversees:   ● Who can access customer data ● The update of security software like antivirus and firewalls ● Restriction of physical access to card details   PCI now affects all businesses that work with credit card payments. Merchants must agree to abide by these conditions. That includes both online and offline stores. 3. Bypassing Banks With P2P Payments Peer-to-peer payments or money transfer apps let users send and receive money using their phones. All they need is a valid funding source like a bank account and details for the recipient.     PayPal offers this service, as does Apple Pay Cash and other payment services. Internationally, Alipay and WeChat remain popular, especially in China. In fact, most offline stores in China accept Wechat payments without the need for a card. 4. Multi-Payment Options Creating a cashless society requires multiple technology payment options. Traditional store cash drawers now include POS systems that link with NFC chip-and-PIN terminals. These tie to backend systems so managers can create and analyze reports on sales, stock levels, etc. Modisoft offers a complete package for all industry types to accept payments from multiple sources. 5. Rise of Cryptocurrency Although Bitcoin has recently reduced in value, cryptocurrency is here to stay. More websites are now offering Bitcoin, Ethereum, XRP, and more as payment options. Tesla leads the pack by not just accepting, but encouraging sales in Dogecoin. As more consumers grow comfortable with cryptocurrency, expect the payments industry to promote the technology. Hassle-Free Payments With Modisoft The introduction of new technology continues to impact the payments industry. Mainstream adoption of Google Pay and Apple Pay makes it easier than ever to purchase goods. Cryptos are now viable forms of payment. Yet, accepting money through a digital platform requires PCI compliance. Modisoft offers smart and secure business payment solutions for multiple industry types. Whether you’re a convenience store, bar, or restaurant, our digital suite of services can help. Take payments from our mPOS system or accept online orders through our Cartzie app. Contact us to find out more about our payment processing technology.

Read More

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About Altria

Altria Group, Inc. is one of the world’s largest producers and marketers of tobacco and related products. They have been the undisputed market leaders in the U.S. tobacco industry for decades.

Altria Group is known for owning the most enduring names in American business including but not limited to Philip Morris USA, John Middleton, and U.S. Smokeless Tobacco Company.

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Benefits

  • Monitor and track all promotional efforts by directly integrating deals into insights
  • Receive Altria rebates smoothly by sharing scan data reports
  • Generate Altria scan data report program at a click

Pricing

Included in Advanced Plan

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About Cartzie

Cartzie is a loyalty application designed by Modisoft, with you in mind. It is a one-stop loyalty and online ordering solution that is fully equipped with all the tools needed to make your business grow.

With Cartzie, you can do curbside pickups, delivery, and drive-thru ordering. Cartzie has revolutionized the way businesses interact with customers.

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Benefits

  • Add delivery options for your customers
  • Boost your marketing efforts through targeted campaigns
  • Take your business online in a few clicks
  • Receive payments online for your orders

Pricing

+$49 per month with Retail Plans

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About Comdata

COMDATA has been serving businesses for over 45 years and is recognized as a leading provider of commercial payment solutions. They specialize in serving the trucking industry and are known as an issuer of fleet fuel cards, trucking permits, corporate spend cards, and paperless payroll cards.

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Benefits

  • Automatically transfer sales data from the Comdata POS into Modisoft back-office software
  • Get an all-in-one solution to monitor and track your sales separately
  • Easy accessibility to manage all your fuel sales

Pricing

Included in Advanced Plan

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About DoorDash

DoorDash, Inc. is a food ordering and delivery platform based in San Francisco. It is the largest food delivery company in the United States with more than 50% of the market share in the convenience delivery category. It provides an on-demand food delivery service to restaurants and stores. Their services help businesses innovate, grow, and reach more customers.

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Benefits

  • Receive order directly into your POS System
  • Manage your online DoorDash menu
  • Enable DoorDash orders for your customers

Pricing

+$69 per month for Third-Party Order Management

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About Fintech

Fintech has been dedicated to serving the beverage alcohol industry for the last 30+ years. Established in 1991, Fintech operates from its headquarters based in Tampa, Florida. Supported by TA Associates and General Atlantic, Fintech automates alcohol invoice payment, streamlines payment collections, and facilitates comprehensive data capture for 1 million B2B business relationships.

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Benefits

  • Import vendor invoices directly into your back office
  • Optimize purchase order management
  • Improve your alcohol vendor management

Pricing

+$5 per month

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About Gilbarco Veeder-Root

Gilbarco Inc. is a supplier of fueling equipment including fuel dispensers, payment systems, point-of-sales systems, and support services. The company operates from Greensboro, North Carolina.

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Benefits

  • Effortlessly connect your POS data from the Gilbarco system to Modisoft Insights

Pricing

Included in Advanced Plan

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About Instacart

Instacart is a delivery company that operates a grocery delivery and pick-up service in Canada, and the United States. It is one of the largest grocery marketplaces in North America. Instacart makes the delivery process easy for store owners.

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Benefits

  • Monitor and manage your Instacart inventory levels from Modisoft Insights
  • Updated Instacart inventory levels in real-time
  • Avoid stockouts by ensuring accurate inventory levels

Pricing

+$19 per month

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About Retalix

Retalix Ltd was established in 1982 and is now owned by NCR Corporations. It develops licensed and supported software applications for retailers, wholesalers, and distributors of fast-moving consumer goods.

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Benefits

  • Easily Import sales data for reports and analytics from the Retalix POS system
  • Monitor sales in real-time

Pricing

Included in Advanced Plan

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About Paycue

Paycue is Modisoft’s preferred payment processing provider. It helps businesses to streamline their setup process to be faster and more efficient. Paycue assists businesses with faster payments and smoother customer interaction.

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Benefits

  • Enjoy minimal fees on transactions
  • Seamless integration
  • Speedy transactions
  • Secure payments

Pricing

No monthly fee. Only pay when you sell.

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About Plaid

Plaid Inc. is a financial service company that builds a data transfer network that powers digital finance and fintech products. Plaid assists businesses in connecting their financial accounts to fintech services. The company's product enables applications to seamlessly connect with the user's bank account.

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Benefits

  • Build a quick and secure connection to your bank account
  • Easily manage your bank reconciliation to match your book records
  • Experience an easier way to connect with your bank account

Pricing

Included in Advanced Plan

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About RJ Reynolds

R.J. Reynolds is a leading tobacco manufacturing company in the United States. Founded by R.J. Reynolds in 1875, the company is a subsidiary of Reynolds American. RJR holds the largest brand portfolio including but not limited to Kent, Pall Mall, Camel, and Newport. The company is based in Winston-Salem, North Carolina.

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Benefits

  • Offer tobacco loyalty from the industry's leading brands
  • Monitor all promotional efforts in just a few clicks
  • Get your rebates easily

Pricing

Included in Advanced Plan

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About Uber Eats

Uber Eats is an online platform that focuses on food ordering and delivery. The company offers easy online delivery and logistics operations. It was launched in 2014 by Uber company. The company operates by allowing foodies to order the food they love. Uber Eat connects businesses to millions of customers while providing a hassle-free delivery solution to restaurateurs.

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Benefits

  • Manage the Uber Eats menu through a single dashboard
  • Have online orders automatically sent to your POS system
  • Increase the number of online orders you receive

Pricing

+$69 per month for Third-Party Order Management

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About Verifone

Verifone, Inc. Is an American multinational corporation based in Coral Springs, Florida. It sells merchant-operated, self-service, and consumer-facing payment systems to the different industries.

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Benefits

  • Import data easily from the Verifone POS system into Modisoft Insights
  • Keep a record of your data in one software
  • Manage sales data at a glance

Pricing

Included in Advanced Plan

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About VusionGroup

VusionGroup is the global leader in digitalization solutions for commerce. It provides IoT and Data solutions for physical commerce, serving over 350 large retailer groups around the world in North America, Asia, and Europe.

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Benefits

  • Get the flexibility to update prices across thousands of products from one central dashboard
  • Implement digital price tags in your retail location
  • Limit the need for traditional label printing

Pricing

Available upon request

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