We’ve partnered up with WooPOS to be able to offer our omnichannel merchants a POS system with integrated payments that can manage their inventory in real time between their retail store and their e-commerce store when using the WooCommerce shopping cart. This value add service aligns with our goal to make our clients’ lives easier…
Big Tech and their lobbyists came out guns blazing to contest the constitutionality of Maryland’s first-in-the-nation Digital Ad Tax. The US Chamber of Commerce and the Internet Association were among those who filed suit against the Old Line State. This tax would be levied against digital ad providers who make more than $100M a year…
The super smart folks in the Maryland legislature who know more than the rest of us *sarcasm detected* are at it again! Somehow, they think that imposing a 10% tax on Facebook and Google for the digital ads they sell in Maryland is a good idea. We’re literally going through a pandemic and small businesses…
The United States Postal Service is causing many merchants to get chargebacks from their customers due to their inability to do their job and deliver packages in a timely manner with accurate tracking information. When a consumer purchases something from a business, they expect the item to be shipped and delivered in a timely fashion….
Maryland’s House Bill 777 was signed into law on April 30, 2019 and took effect October 1, 2019. Jaron Rice, Founder & CEO of Magothy Payments, authored this bill to help protect Maryland small businesses from the predators in the payment processing industry. In times past, big banks and merchant services providers could lock small…
The Better Business Bureau of Greater Maryland is doing a Black-Owned Business Spotlight to bring awareness to accredited, black-owned businesses in the Greater Maryland area. Our Founder & CEO, Jaron Rice, did an interview with them to talk more about our company, our beliefs, and the keys to our success. Magothy Payments is Maryland’s highest-rated…
If you regularly order carryout from a local restaurant, considering ordering from them directly through their website or over the phone as opposed to using DoorDash, GrubHub, Uber Eats, and the like. These companies can charge 30% to the business for orders that come through their platform even if the customer is coming to pick…
While we’re all stuck inside, let’s take a look back and remember how much fun we had celebrating our 5th birthday back in September of 2019 before masks and social distancing were a thing.
While the world is still amidst a global pandemic, many of us in the payment processing industry are seeing the effects on the business community in a way that no one could’ve predicted. BEGIN TRANSCRIPT: Good afternoon. Jaron Rice, founder and CEO of Magothy Payments. Today is April 17th and I wanted to give you…