contactless payments

credit card processing trends

Trends in Mobile Credit Card Processing for Fall 2021 and 2022

Over the last 12 months, almost every retailer felt the need to shift from the in-store traditional payment methods to the new-age digital methods. Businesses have also understood that this shift has a vast scope – it is not just a momentary reaction to the prevailing coronavirus pandemic, but a long-term trend. IBM’s U.S Retail …

Trends in Mobile Credit Card Processing for Fall 2021 and 2022 Read More »

nfc vsqr code

NFC vs QR Code

With the COVID pandemic still being a major concern of people, sharing essential information with the citizens through effective means has become a necessity for the government. People are now more concerned about their safety than ever before. A report published by Walker shows that customer satisfaction and their experience will become the major factor …

NFC vs QR Code Read More »

pos terminal smartphone smartwatch contactless payments set 103888539

MasterCard Introduces Next-Generation Contactless Payments

On 26th January 2021, MasterCard made the announcement that it is going to apply for the revolutionary range of quantum-resistant technologies for the development of next-gen contactless payments. The Ecos or Enhanced Contactless specifications will be the first-ever such technology in the industry. It helps in ensuring that as the dynamic digital landscape continues to …

MasterCard Introduces Next-Generation Contactless Payments Read More »

Minneapolis Minnesota Usa July 7 2019 Person Using Apple I Phone To Press And Access The Venmo App Application 152698592

More Consumers Want to Use Venmo at Retail Stores

Venmo started as a fun way for peers to pay one another, but it’s quickly becoming the payment method of choice at retailers too. Venmo has become a household brand – it’s the brand consumers trust when paying friends and family, and now they want retailers to use it too. While contactless payment options are …

More Consumers Want to Use Venmo at Retail Stores Read More »

Hand Holding Mobile Smart Phone On City Background With Application Icons 109635266

MasterCard Takes Contactless Payments to the Cloud

The past few months, especially since the pandemic outbreak, saw rapid development in contactless payments. The rising need to accept or adopt the contactless or cashless payment modes was mainly in response to prevent the spread of coronavirus. Nowadays, more advanced and smarter technologies are being deployed across several mobile devices, mostly due to factors …

MasterCard Takes Contactless Payments to the Cloud Read More »

Pick Up Point In Food Supermarket Safe Shopping During Coronavirus Covid 19 Quarantine 179777094

Consumers Can Now Pay With SNAP EBT For H-E-B Curbside, Home Delivery

San Antonio-based grocery company H-E-B has recently announced that all of its stores will now accept SNAP EBT (Supplemental Nutrition Assistance Program Electronic Benefit Transfer) payments directly via its mobile app or website, heb.com, for all curbside and home delivery orders. The Process To do so, customers need to already have or sign up for …

Consumers Can Now Pay With SNAP EBT For H-E-B Curbside, Home Delivery Read More »

Boy Internet Starbucks Coffee 25182893

Restaurant Trends for 2021 – How Restaurants will Succeed

COVID-19 has changed the way restaurants operate in a big way. In some states, they still aren’t fully operating, which leaves restaurants thinking outside the box longer than they ever thought necessary. 2021 looks like it will shape up much how 2020 ended, which means restaurant owners must continue being creative and figuring out ways …

Restaurant Trends for 2021 – How Restaurants will Succeed Read More »

Chef In Hotel Or Restaurant Kitchen Cooking Only Hands Prepared Beef Steak With Vegetable Decoration 81415061

Restaurants Feeling the Negative Effects of the Pandemic as Winter Approaches

More than 100,000 restaurants have closed since the start of the pandemic and as many as 40% of restaurant owners don’t think their restaurant will make it through the winter if things continue the way they are going according to the National Restaurant Association. The pandemic isn’t just affecting independent restaurants either. Chain restaurants are …

Restaurants Feeling the Negative Effects of the Pandemic as Winter Approaches Read More »

Business Accounting Team Meeting In Room Office Using Pen Pointing At Paperwork Finance Concept 154771088

Chinese Fintech Firm, Ant Group, Forced to Postpone Record IPO

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 »

Covid 19 Business And Financial Crisis Concept Dollar Money Bill With Coronavirus Icons 3d Illustration Covid Impacts Global 180851930

COVID19 Drives Adoption of Contactless Payments and Curbside Pickup

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 »

Everything You Need to Know About Contactless Payments During COVID-19

Contactless payments allow consumers to pay for goods or services without needing to physically swipe a card in a machine or pass the card to another person. By tapping a phone or card on or near a terminal, near-field communication (NFC) enables the consumer to transmit payment information without physically touching anything. For a variety …

Everything You Need to Know About Contactless Payments During COVID-19 Read More »

Google Pay to Offer Digital Bank Accounts by 2021

In early August 2020, eight banks in the US have announced that they are partnering with Google to offer digital-first bank accounts directly in the Google Pay app. The partner banks will manage the financial side of these accounts while Google will provide the front-end, intuitive user experience, as well as financial insights exclusive to …

Google Pay to Offer Digital Bank Accounts by 2021 Read More »

Coca-Cola Introduces New “Pour by Phone” Contactless Technology

Contactless payments have been there since the 1990s, but the COVID-19 pandemic has brought it to the limelight. Moreover, the trend is here to stay for a more extended period, given the circumstances. Recently, the global beverage brand, Coca-Cola, is all set to add a variant by launching a contactless option for its consumers’ feasibility …

Coca-Cola Introduces New “Pour by Phone” Contactless Technology Read More »

Accepting Contactless Payments. What You Need to Know.

Your customers don’t want to touch your credit card machine. It’s nothing personal, they don’t really want to touch anything that they don’t have to these days. Luckily for those of us that still use hand held or counter top credit card machines to either swipe or dip the chip to accept payment, contactless solutions …

Accepting Contactless Payments. What You Need to Know. Read More »

Contactless Payment Trends in 2020 – Apple Pay, Google Pay, NFC, and More

Amidst the global pandemic, many countries are resuming the routine life and easing the lockdown. However, recent studies have shown that around half of the US population is still worried about their health and how shopping, eating, and social interaction can affect it. Therefore, many businesses and shoppers are more inclined to make contactless payments, …

Contactless Payment Trends in 2020 – Apple Pay, Google Pay, NFC, and More Read More »

Should my Business Adopt Contactless Payments?

A Guide To Contactless Payments What are contactless payments, and how do they work? Are they completely safe, and should you opt for the convenience of contactless payments? Over the years, technology has changed, and it has brought innovations in the way we conduct business and also in the way we many things. One of …

Should my Business Adopt Contactless Payments? Read More »

Merchant Services and Payments Impacted by COVID19

The COVID-19 pandemic and the resulting stay-at-home orders across the globe and country during the past few months has led to a significant reduction in both the number of merchant services transactions and dollar sales in our country. With predictions of a global decline in GDP, there are few bright spots in the economic fallout. …

Merchant Services and Payments Impacted by COVID19 Read More »