Surprising Effects of Rising Gas Prices on Small Businesses

Woman holding empty pockets in front of a gas station while pumping gas

Surprising Effects of Rising Gas Prices on Small Businesses September 6, 2022 Gas prices not only directly affect the American consumer, but gas prices and small business success are directly correlated. So how do rising gas prices affect the economy exactly? The pump’s impact weighs heavily on consumers, strapping them with higher monthly expenses. Moreover, […]

Smartphones the Digital Payments Solutions of the Future

Woman paying for a train ticket on a smartphone

Smartphones the Digital Payments Solutions of the Future September 5, 2022 Smartphones are the modern world’s digital jack-of-all-trades. These small devices facilitate phone calls, texting, e-mail, informational searches, telling time, taking photos, digital payment solutions, and so much more. It is crucial for businesses to offer their consumers digital payment options. Digital payments take on […]

Everything You Need to Know About Merchant Financing

Businessman handing cash to a person

Everything You Need to Know About Merchant Financing September 2, 2022 In any business endeavor, financing can play a key role in the ability to grow. Merchant financing loans, otherwise known as merchant cash advances, are one way our company, ECS, helps our small-business owners acquire the capital they need to succeed. If you are […]

Battle Royale: Small Businesses Fighting Inflation

Family of business owners going over paperwork inside the business

Battle Royale: Small Businesses Fighting Inflation September 1, 2022 Small businesses are currently fighting the market’s heavy inflationary impact. But as we all know, what goes up, must come down. As the old physics saying affirms in terms of gravitational pull, it also rings true for the cycle of economics. When numbers get too high, […]

Covid-19: The Driver of Contactless Payment Adoption

Delivery guy with protection medical face mask and gloves against coronavirus bringing takeaway food

Covid-19: The Driver of Contactless Payment Adoption August 16, 2022 Although contactless payment technology has been around for years, it wasn’t until the eruption of the Covid-19 pandemic, that 80% of consumers began to utilize this available technology and contactless payments skyrocketed to an all-time high. Between March 2019 and June 2020, the United States’ […]

Ecommerce Payment Processing Solutions: A Step-by-Step Guide

Female seller scanning ecommerce shipping box in dropshipping warehouse.

Ecommerce Payment Processing Solutions: A Step-by-Step Guide August 15, 2022 Being a business owner does not mean you need to spend all your hard-earned income on rent or mortgage for a brick-and-mortar storefront. Online shopping is booming, and your digital storefront can rake in the bucks big-time without a physical shop. Once you have your […]

Why Interest Rates Are Going Up and How This Affects Your Business

Growth in income from deposits.

Why Interest Rates Are Going Up and How This Affects Your Business August 12, 2022 Inflation and interest are two words that we may not like to see, yet may not fully understand either.  In 2022, we’ve seen both increase. But why are interest rates going up? If you are a business owner, congratulations on […]

Impact of Inflation 2022: How it Affects Daily Life and Small Businesses

Impact of Inflation 2022: How it Affects Daily Life and Small Businesses

Impact of Inflation 2022: How it Affects Daily Life and Small Businesses August 12, 2022 Over the last year, we have all experienced the impact of rising costs. The inflation rates of 2022 have had a dramatic effect on our daily lives and business. But what caused such a dramatic shift in our economy and […]