China made a surprising decision when they postponed Ant Group Co.’s IPO. The decision caused Hong Kong shares to plummet and made investors wonder about the financial future of the fintech company. The postponement came after a meeting between one of Ant’s founder and Chinese regulators. The Shanghai Stock Exchange also removed the company from […]
Chinese Fintech Firm, Ant Group, Forced to Postpone Record IPO Read More »
Today, shopping retail and even picking up food at a restaurant looks different. Most customers prefer contactless payments and curbside pickup. They are the norm – they are expected. Contactless payments are just one more way to reduce the risk of sharing the virus. With less cash flowing around, the risk lessens, especially when consumers
COVID19 Drives Adoption of Contactless Payments and Curbside Pickup Read More »
This is an article about how Merchants can succeed during the 2020 Holidays
Top Ways Merchants Can Succeed During the Holidays in 2020 Read More »
If you accept credit card payments you’ll likely use a payment gateway whether you accept credit cards in a brick-and-mortar store or online. The gateway is responsible for conducting the electronic transaction, much like a standard cash register would conduct a cash transaction. Gateways are most important for online or phone transactions, check out what
What is a payment Gateway Read More »
If you accept credit cards, you must understand and implement PCI compliance – it is required by all merchant services providers. The good news is that it’s not as hard as you think to comply, and there is plenty of support available to help you. What is PCI Compliance? Payment Card Industry Compliance (PCI) is
What is PCI Compliance and Why is it Important? Read More »
The latest introduction to credit card safety includes the EMV transaction or Europay, Mastercard, and Visa. EMV represents every chip card in existence today and offers more security than magnetic card transactions. Chip card technology, as EMV is known, offers a more secure way to process credit card transactions. Most consumers today have converted to this technology,
How Does an EMV Transaction Work? Read More »
As we work our way through the pandemic, it’s common to look at consumer confidence to see where consumers stand. The good news is that September saw an uptick in all areas of consumer confidence, giving retailers hope as we enter the holiday season and retail payments quickly become a hot topic. In fact, the
Retail Payments: Consumer Confidence Rises in September Despite Uncertain Outlook Read More »
Chasing money from clients is probably one of the least desirable parts of owning a business. It takes away from many other tasks you could be doing – tasks that may grow your business rather than give you tedious or repetitive tasks to manage, but getting B2B payments is a part of doing business. The
B2B Payments: Pandemic Pushes Many Businesses to Automate Accounts Receivables Read More »
The 2020 holiday shopping season is going to look a lot different this year. As we make our way through the pandemic still, retail trends are quickly changing. It wasn’t only during the stay-at-home orders that retailers had to focus on online orders and curbside pickup – those trends are continuing throughout the holiday season
Retail Trends: What to Expect for the 2020 Holiday Shopping Season Read More »
Now you can turn your hand into a credit card, literally with Amazon Payments. Amazon One allows consumers to pay with their palms, but only at select Amazon Go stores in Seattle for the time being. But they do plan to expand its use in other Amazon stores soon. Beyond its own retail stores, Amazon
Amazon Unveils New Technology Allowing Consumers to Pay with their Palms Read More »
Overcoming the impression that American Express acceptance is rare among merchants, especially compared to Visa and MasterCard, the credit card company is in the middle of a five-year campaign to increase acceptance at merchants across the globe. From increased fraud protection to the business-friendly OptBlue program, Amex has invested heavily in building relationships with merchants
American Express Acceptance is Increasing Read More »
In the wake of the World Health Organization (WHO) declaration that the COVID-19 outbreak was a pandemic, U.S. consumer reaction transitioned daily activities from the physical world toward a digital existence. Turning to solutions minimizing human touch, retail merchants quickly switched to touchless payments, and no matter the outcome of the pandemic, the post-pandemic market
The Impact of Touchless Payments on Retail Read More »
With a 15 percent market share of mobile devices, Apple/iOS possesses a massive potential for Apple Pay users. More than 50 percent of online purchases are estimated to be made from mobile devices since late-2014 when Apple Pay made its debut. Analysts estimate Apple Pay could account for 10 percent of all card transactions by
Apple Pay Trends and Updates – Fall 2020 Read More »
…and Why Your Business Should Accept It! Accepted across the country by 99 percent of merchants who accept credit cards, Discover is a lot more popular than people think. While some merchants may not display the Discover decal on their window or point-of-sale register, Discover does go by several decals, including Diners Club. Customers are
5 Benefits of Using Discover Card Read More »
The mobile and smart point of sale terminal, PAX A920 offers an all in one retailcloud solution. While it looks like a smartphone, the A920 combines the features of an Android tablet with all the bells and whistles of a robust POS terminal. With a stylish and compact design, the A920 offers mobility, high speed
The Benefits of the PAX A920 Terminal Read More »
From smartphones with card readers to traditional point of sale (POS) terminals with near-field communications (NFC) capabilities, the future of payment technology is literally flying through the ether. Offering flexibility and versatility to businesses and customers alike, the trends that can benefit your business provide a win-win for everyone. 1. Near-Field Communication While most credit
Four Trends in Point of Sale Systems That Can Benefit Your Business – Fall 2020 Read More »
On Tuesday, August 18th, the Department of Commerce’s U.S. Census Bureau reported that retail eCommerce sales for the second quarter were up 37 percent from the first quarter of the year. And as measured year over year, eCommerce sales were up 44 percent while the total US retail sales were down 3.4 percent, to $1.1
Retail Ecommerce Sales Booming with 44% Year Over Year Growth in Q2 Read More »
Both banks and B2B FinTechs are integrating vendor payments and employee expense management into the mobilization and digitization of the corporate card. With contactless payments accelerating among retail customers, commercial card innovation is following suit with card payment capabilities across a variety of scenarios. Bank of America Expands Contactless Business Cards First launching a mobile
Contactless Trends in Corporate Cards and B2B Payments Read More »