New Payment Technology Solutions for 2012

There are different payment solutions for different businesses online and different security levels.

When selecting a provider online you should consider 10 different variables.

1. How often are you going to need to use this service?

2. Is the payment system mainly used for credit card merchant services?

3. Do you want to use the system for transferring money?

4. What level of security do you want to have on your payment solution?

5. Do you want to use the system for a specific technology, like selling gaming online?

6. How often are your transactions processed? Monthly, weekly, annually?

Different systems will have different fees depending on usage and volumes.

7. What countries do you want to have your payment solutions available?

8. What currencies do you want to be able to operate in?

9. How big is your payment solutions budget on a monthly or annual basis?

10. How many people are responsible for your payment solutions department?

Now we will review 3 different types companies in this industry you may be interested in briefly and the differences between them.

BOXPAY

Boxpay.com is a solution for mobile technology and gamers. They give E-Business payment solutions technology for their digital wares. This is done through the use of your phone instead of a credit card. Using SMS and Direct Carrier billing. It is available in 35 countries and four continents. For more information on the company take a look at the link above.

00PAY

OOPay.com is a solution for offshore payment solutions. On this site you can accept payments for a variety of credit cards to sell products/services for your business. It is available in 27 different currencies for Merchant Accounts and has a low service fee. There are many benefits to this service and it has an easy application process. For more information see the link above.

PAYPAL

Of course one of the most trusted and used sites is paypal.com that has been around for several years. You can use paypal to send money, buy and sell services and send payments by email. There are over 269M people that use paypal. You can also use your I Phone, Android or Blackberry to have payment technology systems on your phone. Using secure payment technology you can sign up, choose your bank for security and shop online. For more information on paypal see link below.

paypal.com

Enjoy developing your website and make sure to do some research before selecting your payment solutions system, price is not the only decision to base your solution on as per review above and the type of business you operate online.

Service Industry Challenges – How to Step Beyond the Subjective Nature of the Industry

The service industry can be very subjective in nature due to the fact that you are trusting people to perform skills. Trust may not be the biggest issue, however value in the service can be perceived as very high or very low. A lot of that perception has to do with the individual selling the service. This can be a big hurdle to overcome.

Another challenge that faces the service industry is the idea that clients pay for a service or services based on the number of hours the task will take to be completed. In this model, the company is basing its services’ value on the number of hours to complete the work. It would seem that the scope of work should be based on the value that the services provide. While the company may determine the amount of hours to completion for time management and as an estimate, it should not be end price.

To get beyond this low profit margin income model, you as the owner and entrepreneur, must truly believe that your product and services are worth their asking price if not even more. That may sound outrageous, but to some consumers, they will trust companies, services and products that are at the higher end of the price spectrum because to them, they perceive more value in it. As you recognize the value that you have created in your products and services, it will start to come across in your sales pitches. Don’t stop it- that is your passion and drive speaking. That is what will get the sales. No need to be arrogant about the price, just focus on the value that your company is offering, how it will benefit and simplify the client’s life and how you can get started today.

Very simply, change your thoughts, increase your prices, and let your passion shine through. You may start to see a new market to tap that previously would have been out of reach. You may also discover that you were not charging enough for your services.

Why OpenTaps Is Best for Small Business

OpenTaps is an all in all business solution for business organizations. It is an open source tool that is used as a combined source of ERP and CRM solutions for business houses. OpenTaps is free and enables multiple features and functionalities that a business house may require such as warehouse, inbuilt business intelligence solutions, e-commerce, point-of-sales, general ledger, customer management, accounting, mobility integration, and online store. This low cost ERP and CRM solution is integrated with several additional plugins like Google calendar, Microsoft Outlook, and mobile phone. Integrated with Apache OFBiz Foundation, this tool is flexible to use and customize.

There are four basic components in OpenTaps software that works hand in hand to operate all business processes. They are teamwork processes, unified database, operating process, and enterprise teams. These components work in a cyclic manner in order to connect the business processes with customers.

Features of OpenTaps:

The features of OpenTaps software are mentioned below:

  • It is a software that functions as a complete business solution including CRM and ERM systems in an organization.
  • It includes marketing, sales, accounting solutions along with managing all customer services.
  • Supports online and offline stores, and their catalogs, products, and categories.
  • It looks after cross-sells and up-sells of production within an organization.
  • Offers support to product management in various ways such as downloadable products, configurable products, physical products, variant products, and digital products.
  • It sets separate prices for groups and individuals.

Opentaps is one of the favorite ERP and CRM solutions for most of the small and mid-size companies. From the above discussion, it is evident that it provides a number of solutions besides ERP and CRM solutions. Given below are the reasons why it is opted by small enterprises.

  • It is an open source CRM plus ERP system. The small and mid-size business houses do not need to bear additional costs for integrating separate ERP or CRM solution for their business. Moreover, registration and downloading fees are also saved.
  • It is a very low price ERP CRM tool. This one solution facilitates small businesses to use all its features with also no fees. This helps them to fix their budget for business more efficiently.
  • It runs on an automated system. This feature helps business houses to save time and costs, and resources of the enterprise.
  • Runs and supports a dynamic system, since it is a real-time software. The solution can be accessed from anywhere and anytime on the web within the organization.
  • Offers proper security within an organization. It has a strong security plugin.
  • It is supported by an expert and skilled group and developers.