Merchant Account fоr Sаlоnѕ

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Merchant Account fоr Sаlоnѕ

According to the National Hairdresser’s Federation, during 2016 hairdressers in the UK were the fifth most popular startup business and beauty salons the eighth. When it comes to salon merchant account there are different elements t consider, whether you are new to industry, looking to upgrade an ePOS or booking system, or want to save on the rates you pay – There are some guides that are put together to ensure you get the best from your salon merchant account.

Salon ePOS System When using salon

Electronic point of sale systems are more commonly known as ePOS but how do you know which one to choose and what’s right for your salon business now and in the future?

Fully integrated ePOS systems for salon have come on leaps and bounds over the last decade, advances in technology allow businesses to run more streamlined and save both time and money. These systems have functions such as; booking appointments, text message marketing, staff management functions – that allow a clocking in and out facility, and stock control to name but a few.

EPOS systems for beauty salons and hairdressers can be customized to suit your salon business, meaning that the prices and treatments are preprogrammed before the hardware arrives on site. This solution can work with compatible salon card reader leaving minimum room for human error.

The statistics and reporting enable business owners to assess information about what is most profitable and where to focus marketing. The possibilities are huge and this solution really is suitable for salons big and small.

Salon ePOS for iPads are also available and now offer many similarities to the larger integrated systems, such as booking systems and preprogrammed treatments. These are the perfect solution for smaller businesses or home visits, and with the right PDQ machine work as a smaller yet efficient solution. However, it’s worth bearing in mind that when an update is running on iPads or similar this can cause disruption to service.

Salon Merchant Services

Once you have decided which ePOS system you would like, we can then look at options when it comes to salon credit card processing. Take a look at two different elements here; firstly if you want your salon card machine to talk to your ePOS system, meaning there is no need to manually enter the amount when customers pay – equally the reporting process becomes a lot more straightforward.

Secondly and most importantly look at not just the rates being charged by the merchant bank, but the full financial picture and all costs involved/ If you have had a quote elsewhere then you can use this to negotiate a deal which not only suits your salon business but saves your money.

Bankim Chandra
Bankim Chandra
Bankim Chandra is a Merchant Account consultant. He works with merchants globally and helps businesses in getting reliable payment processing solution. He writes extensively on the internet about Payment Gateways, Credit Card Processing, Echeck Processing, Chargeback Alerts, ACH and Business Funding.