Inventory management basics for small Canadian retailers
A practical guide for small retailers on stock control, reorder points, carrying cost, shrinkage and the role of a POS inventory management system.
Moneris offers a competitive foreign exchange rate in real time, which means we can share the benefit with you. You can earn up to 1%* of the foreign exchange revenue share on eligible foreign transactions opening up a new revenue stream.
You can reduce cart abandonment with Multi-Currency Pricing, as customers are more comfortable and receive less of a shock when shopping in their own currency.
Have you ever made a purchase at an American ecommerce website where it wasn’t made implicitly clear that the prices were in USD? It can sometimes be a jarring experience when you receive your next bank statement.
By implementing Multi-Currency Pricing you can help minimize misunderstandings and chargebacks resulting from price misinterpretation by making it clear at checkout how much your customer is actually paying—in their own currency.
Log in to our web portal Moneris Portal and get access to detailed reports at any time, including a customized pricing revenue share report with revenue share information from each MCP transaction as well as other standard reports.
Sign up today!
To learn more about Multi-Currency Pricing and how it can benefit your business, check out our video:
At Moneris we understand that as a business owner, it is important for you to be able to focus on running your operations as smoothly as possible.
Our integrated tools are designed to help you increase your income and achieve success. We believe that you deserve products that are always connected and consistently perform at a high level, just like your business.
Get started with Moneris today.
Moneris is a leading provider of payment processing solutions in Canada. Our blog is your go-to resource for insights into the ever-evolving world of payments. We cover everything from the latest industry trends and technologies to practical advice for businesses of all sizes. Our blog's mission is to spotlight small businesses and provide resources that help them succeed in today's economy. Blog articles are written by members of Moneris' in-house marketing team with support from internal product and industry experts.
A practical guide for small retailers on stock control, reorder points, carrying cost, shrinkage and the role of a POS inventory management system.
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