Archives

A major change happened in credit card processing late last year. Instead of swiping a magnetic strip through card readers, shoppers in businesses across America now “dip” their cards. New card [...]

Electronic payments can speed things up, eliminating the slowdowns that come with printing and mailing paper-based checks. For a business with suppliers, though, convincing each of those vendors [...]

The way businesses pay each other has evolved in recent years. Instead of mailing a check once services are rendered, businesses pay their vendors electronically, transferring money much more [...]

Smartphones have been seen as a cash killer. Between person-to-person payments and mobile pay at the register, consumers may eventually have no need to carry cash around. However, even with all [...]

At one time, employee theft was fairly straightforward. Cash could easily be intercepted, whether it was being exchanged through a cash register or in a back office. As consumers exchanged cash [...]