Yes, for safety and tax purposes, always request ID for cash payouts above $100 or anytime you don’t know the consignor personally. Log ID type and signature for your records.
Make card payment visible and easy. Display “Cards Accepted” stickers and keep your reader ready by the register. Many shoppers will use cards if they see it’s welcomed.
Keep records! If mail is slow, resend after a waiting period. For bounced checks, contact the consignor and resolve directly. Digital payments need double-checks for correct account info before sending.
Yes, but only if this is clearly stated in your consignor agreement. Many offer a higher percent for store credit compared to cash payout as an incentive.
One-time payment, lifetime tracking, and no required support prepayments mean more money in your pocket. Best Consignment Shop Software makes handling every payment and payout fast, accurate, and easy. Track cash, card, check, or digital payouts for each consignor, see reports instantly, and manage every record in one place. Since 2002, BCSS has helped hundreds of shops stay organized, confident, and secure.