It is known that August is a crucial month for business. Although it is a month of high economic impact due to the back-to-school sales, it also welcomes the most anticipated season of the year, the Christmas season. The Christmas season extends much further than one day in Puerto Rico and other Caribbean and Latin […]
Small businesses, restaurants, and retailers were among the first to feel the effects of the COVID-19 restrictions to control the pandemic. While many were negatively affected, the crisis uncovered a remarkable resiliency within the segment due to technology and digitalization. By: Javier Rivera Giménez; Chief Executive Officer/Co-Founder, Dynamics Payments The Connected Commerce Council surveyed business […]
Customers have been known to behave badly from time to time. They’ve yelled at employees. They’ve attempted to return used or damaged products, sometimes outside the return policy. They’ve launched frivolous lawsuits. Over the years, customers have proved that despite the motto “the customer is always right,” it doesn’t always mean their actions put them […]
According to the determination of the Puerto Rico Government, the temporary exemption of the IVU for prepared foods and certain essential items is effective at 12:01 a.m. Friday, March 20, 2020, and concludes at 11:59 p.m. April 19, 2020. At Dynamics Payments, we are ready to assist you, so you can continue to offer an […]
As entrepreneurs and business owners, we are rapidly shifting away from a traditional “front-Store” operation, and our strategic sales plans are evolving towards Online platforms and secure custom applications. Online sales figures have significantly increased over the past 5-10 years. It is estimated that 18% of sales are completed on an online platform or business, that’s roughly 1 […]
