Square, a popular credit card processing system, announced last week that it is updating its processing fees from 2.75% to 2.6% + 10c per transaction. While this increase doesn’t sound significant, it has a very significant adverse effect on coffee shops—whose average transaction size is generally smaller but whose total transaction count is generally high. Take, for example, a coffee shop making $40K a month … Continue reading What Coffee Shops Should Know about Square’s New Pricing
Short answer is NO. But let’s see why: Last week, Square announced the launch of Square Register—the company’s first fully integrated POS system, built completely in-house and tailored for retailers looking for a more robust and “professional-looking” register. The new register seems to be checking off all the boxes: it’s elegant, clean, packed with ports, has a second customer-facing screen and yes‚ offline mode! It’s … Continue reading Should You Get Square’s New POS System?
Is tea not really your cup of tea? Why tea should be included in your coffee shop’s lineup. Here at CUPS, we drink a ton of coffee. (Like, a TON. Can you blame us?) We know coffee shops love coffee, too. So why might you offer teas if coffee-drinkers are the primary clientele? Many coffee-drinkers down the stuff to get through a long day. But … Continue reading Brew-d Awakening: Why Tea Isn’t Just for Sleepytime