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What is an Online Terminal and Why Do Merchants Need One?

Stax

By leveraging online terminals, merchants can enhance their operational efficiency, expand their market reach, and provide an enriched customer experience. As with all digital tools, virtual terminals offer features designed to streamline processes and enhance operational efficiency.

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How to Understand Your Profit and Loss (P&L) Statement

Stax

When regularly reviewed, P&L statements are like a consultant in a spreadsheet, identifying trends in revenue, expenses, and profitability over time. Operating income is a key metric for evaluating operational efficiency and management effectiveness. They set a path for continual improvement.