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Merchant Services Trends for 2021

With the advent of smarter technologies in the financial industry, the payment processing sector has undergone a revolutionary change in recent years. These trends are shaping the way merchants would deal with their everyday business in the upcoming days, especially after the pandemic crisis. Although contactless payments started out as a necessity the previous year

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Hot Fintech Trends Emerging from the Pandemic

Hot Fintech Trends Emerging from the Pandemic [2023 Update]

The pandemic has been harsh on our financial infrastructure and has brought sea changes in the fintech industry. Fintech companies started coming to the forefront since the previous year, helping to shape digital payments. In the previous year, people have taken to online shopping in large numbers, and today, almost every buyer is looking for

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Direct-to-Consumer Brands Flourished in 2020, 2021 Looks Even More Promising

Direct-to-Consumer Brands Flourished in 2020, 2021 Looks Even More Promising

The COVID-19 pandemic has been tough for a whole lot of industries, and in fact, some have yet to recover from the hurt inflicted. However, the previous year has unexpectedly accelerated the growth of some sectors, including the direct-to-consumer (D2C) markets. 2020 witnessed a sudden shift in the consumers’ behaviors, preferences, and purchasing patterns, compelling

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The Best Credit Card Offers for 2020 and 2021

If you have a New Year’s resolution to get your finances in order, that may include finding the right credit card. If you have a high-interest card that doesn’t provide you with any rewards or benefits, you could be missing out. The Top Credit Card Offers for 2020 and 2021. Discover-It Cash Back If you

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Five Ways to Boost Restaurant Sales During COVID19

If there’s one industry that’s been hit the hardest in COVID-19, it’s restaurants. Between the stay-at-home orders, limited capacities, and stark regulations to stay open, many restaurants are suffering with low restaurant sales. Luckily there are ways to save your business and boost sales. Check out our top tips below. Offer online ordering Everyone does

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Tipping Goes Virtual as COVID19 Impacts US Restaurants

COVID-19 has affected restaurants harder than many other industries mainly due to the lack of cash flow. Not that restaurants aren’t making the money, they just make it differently. Most payments are electronic to avoid the risk of passing germs with cash (not necessarily because of the lower accessibility of it). That leaves restaurant owners

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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

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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

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What is a payment Gateway

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

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How Does an EMV Transaction Work?

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,

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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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