![]() For the businesses that took cash only, they missed out on 2 to 3 times the volume of sales they could have generated. The lack of credit card processing for CBD products forced a lot of legitimate businesses to either only accept cash payments, find less than scrupulous backdoors to getting through the bank’s underwriting processing, or unfortunately, many ended up closing their CBD shops. It was nearly impossible for smaller businesses to get a bank account or apply for merchant services to accept credit card payments. And although knowledge of the distinctions between CBD and THC spread throughout the public, large financial institutions wouldn’t risk getting involved with CBD businesses. For years, CBD was tied directly to marijuana at the federal level. However, operating a business in the CBD industry was not always as easy as it is today. Thanks to this revitalization of the industry, CBD merchant accounts, CBD point of sale equipment and software like Lightspeed® are available to thousands of merchants previously left in the dark. This is also thanks to the 2018 Farm Bill changes that removed hemp from the list of controlled substances, everybody has been seizing the opportunity to grow their stake in the green rush. The industry has seen a huge boom in the last few years with experts estimating about $591 million in hemp-derived CBD products for 2018. Before you can pair your V400m terminal with your Lightspeed account, youll need to insert the receipt paper and power the terminal.Whether you’re a startup or a seasoned brand, today is an exciting time to be part of the CBD revolution. ![]() This article describes how to set up a card reader for use with Lightspeed Retail POS for the purpose of processing credit card payments. SETTING UP REMOTE ACCESS FOR LIGHTSPEED ONSITE HOW TO Unlock the paper compartment by pulling up the latch and swinging the door downwards. Load the paper roll with the edge of the paper on the top of the roll. NOTE: Due to how they are encrypted, card swipers must be purchased directly from your payment gateway/processor. Assign the card reader in Lightspeed Retail POS.Ĭontact your payment gateway/processor directly to inquire whether or not they support magnetic strip card swipers.Before connecting your card reader, you must have already configured your payment processing in your account.Connect the card reader to your iPad as follows.Launch Lightspeed OnSite, click Servers, and then select your Lightspeed server, login with the username/password, then click Connect. MagTek iDynamo: Insert the card reader into your iPad's dock connector.To connect to your server using an IP address, click on 'Add' For a remote connection to allow client computers to access the Lightspeed OnSite server on your local area network (LAN), your network administrator must open your server port on your router. MagTek uDynamo/ID TECH Shuttle: Insert the card reader into your iPad's headphone jack.NOTE: The Magtek uDynamo is not compatible with the iPad Pro. Modern Retail can seamlessly integrate your Lightspeed point of sale system with BigCommerce, Magento, Shopify and WooCommerce. For MagTek uDynamo and ID TECH Shuttle card readers only, go to your iPad iOS Settings screen, and enable Lightspeed in Privacy > Microphone, and then increase your iPad’s volume to maximum level.The volume setting sets the voltage for the card reader and must be set to maximum.Īssign the card reader in Lightspeed Retail POS Tap Payment Terminal on the profile screen. Select the appropriate card swiper from the list of available options. The swiper you selected in option 2 will now appear on the profile page under Payment Terminal with a green Online status indicator. You are now ready to accept card payments. SETTING UP REMOTE ACCESS FOR LIGHTSPEED ONSITE HOW TO.
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