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Retail Payments: Consumer Confidence Rises in September Despite Uncertain Outlook

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 …

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B2B Payments: Pandemic Pushes Many Businesses to Automate Accounts Receivables

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 …

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American Express Acceptance is Increasing

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 …

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Four Trends in Point of Sale Systems That Can Benefit Your Business – Fall 2020

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 …

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Contactless Trends in Corporate Cards and B2B Payments

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 …

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How Will the Pandemic Change the Landscape for Restaurants in the US?

The Coronavirus pandemic has been wreaking havoc on the hospitality industry worldwide. However, some unexpected casualties are on their way for the US as a surprisingly large percentage of its restaurants decline and are forced to shutter their doors permanently. Due to a mix of lockdowns and social distancing restrictions, many restaurants have frantically tried …

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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 …

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