DeFi stands for decentralized finance. In the past year, we’ve seen an explosion of new DeFi projects and initiatives launched worldwide. These DeFi trends aren’t something that will go away anytime soon. We are now entering peak DeFi – a decentralized financial ecosystem is now widely recognized as inevitable and imminent. The global financial crisis …
The holiday season is one of the retailers’ busiest times. With so many shopping days packed into such a short period, it’s a critical time for brands to drive sales and stand out from the competition. If you want to leverage the upcoming holiday season to grow your brand or business, read our top five …
5 Key Retail Strategies to Prepare for the Holiday Season in 2022 Read More »
Payments trends have seen so many iterations over centuries, evolving from barter to coinage, to currency notes, then onto checks, charge cards, and debit cards. Fast-forward to today and customers can pay by simply swiping their smartwatch next to a point of sale device at a retailer. Over the past few years consumers have noticed …
Important Retail Payment Trends to Watch in 2022 Read More »
As the pandemic continues and more people turn to online shopping versus running into local convenience stores, the industry has seen a decline of almost 2 percent since 2019. Consumer spending habits changed drastically as everyone tries to stay safe. Fortunately, smart tech helps keep convenience stores relevant in society by thinking outside the box …
Smart Tech Keeps Convenience Stores Relevant as Industry Declines Read More »
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 …
Direct-to-Consumer Brands Flourished in 2020, 2021 Looks Even More Promising Read More »
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 »
As the effects of the pandemic continue, we’ll likely see more changes in the retail industry. Retail merchants had to make major changes while the economy was shut down, but those changes may continue. Retailers need to adapt to what consumers want and what the economy allows. Today, that means a lot more e-tailing than …
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 [2023 Update] Read More »
Among the many industries adjusting to life under the coronavirus pandemic, fitness studios have found ways to compensate for shutdown orders. From online classes to equipment rental, fitness studios remain flexible in their fitness offerings for their clients. Whether studios offer classes on Instagram or interact with students on Zoom, instructors and studios are making …
Fitness Studios Are Adapting Their Business Models to Survive COVID19 Shutdowns Read More »
How Might Coronavirus Affect the Payments Industry? Not handling cash is one measure consumers are taking to avoid the risk of exposure to Coronavirus, or Covid-19. Contactless payments are already on the rise as consumers find avenues that allow them to avoid touching possibly high-risk payment terminals. Payment processing by self-checkout may become more popular …
How Might COVID19 Affect the Credit Card Processing Industry? Read More »
Top E-commerce Trends for 2020 E-commerce trends are making the shopping experience easier for the consumer. Moving in the direction of personalization and new customer experiences, the e-commerce industry is dynamically transforming every year, especially with the assistance of AI. Providing multiple avenues of payment and streamlining payment processes are only part of a merchant’s …
Vendors trying to keep up with the latest trends in payment processing have a few more innovations to adopt in 2020 to evolve with the ever-changing consumer payment habits. Whether their customers want to pay with their phone or bank with their voice, businesses not only need to keep up with various payment methods, including …
Juniper Research analytics estimates two billion people will use mobile banking by 2020. Already outnumbering desktop connections, mobile users’ first banking experience is via a mobile device in developing countries. While dealing with complex regulatory compliance, banks are also charged with creating a more secure authentication system for their mobile banking security. In an ever-changing …
New Mobile Payment Trends Your Business Should Investigate [2023 Update] Read More »
Payment Methods – Credit Card Processing & Beyond Making the shopping experience easier for the consumer is the goal of new e-commerce tools. Every year, the e-commerce industry is dynamically transforming, moving in the direction of personalization and new sleeker customer experiences, especially with the increasing integration of AI. Streamlining payment processes and providing multiple …
Point of Sale and Digital Payment Diversity Keeps Merchants on Their Toes More than halfway through 2019, merchants are responding to the variety of paths consumers are choosing to pay for goods and services. From the mobile point of sale tablets retailers carry around the store to the tap-n-go options from both mobile wallets and …