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 »
The past year has been full of surprises for merchants, processors, and everyone involved in the payment processing ecosystem. There have been many unexpected highs and lows, but overall the trajectory of the industry has been positive despite some immense challenges. We saw the evolution of payment channels to handle consumer demands and COVID-19 threats.
Top Merchant Services Trends to Watch in Fall 2021 and 2022 Read More »
QR or the quick code has become a popular technology used extensively by many retailers around the world recently. Unlike the regular bar codes located on the commercial packaging, the QR code is a comprehensive code that can be scanned and decoded with smartphones. The best example of a company using QR codes for in-store
Advantages and Disadvantages of QR Codes Read More »
You can collect credit card payments from anywhere with a wireless card machine. Wireless models are among the top credit card machines you can utilize today. These connect online and help you manage payments from anywhere. How Does This Work? A wireless credit card machine uses the same standards for processing a payment as any
Today’s Top Credit Card Machines Are Wireless Read More »
Mobile payments have never been more popular. People are using mobile payments these days to complete quick transactions through their mobile devices. You’ll notice a few distinct differences when looking at mobile payments vs. credit card payments. Many of these entail the technologies used and how people may find mobile payments to be more useful
Mobile Payments vs. Credit Card Payments Read More »
Quick Service Restaurant or QSR fraud is a concern for businesses that has become increasingly common as more QSR locations focus on delivery and carry-out services. QSR chains are experiencing more online orders than ever before. The risk of fraud increases as these entities do more business online. QSR fraud often entails someone breaking into
The Benefits and Shortcomings of Multifactor Authentication For QSR Fraud [2023 Update] Read More »
Mobile payments have never been more popular than they are now. Mobile payments are extremely valuable in the United States, as the mobile payments market is valued at about $1.5 trillion in 2020. The industry will likely grow by more than three times that value before 2026. Many startups are introducing new ways for how
Future Trends In Mobile Payments We Can’t Ignore Read More »
Technology and trends change with each generation, a point that is true about millennials. The millennial generation has some unique preferences surrounding how they handle their finances that are different from what other people have used in the past. These points are especially true for credit cards. Millennials have unique ideas for what they want
Gen Z Millennials’ Changing Preferences Drive Financial Technology Read More »
QR codes are already helpful for containing more data than UPCs, plus they are encrypted and more secure than UPCs. QR codes have been critical for many touchless payment activities. Businesses are looking to facilitate more touchless payment solutions, so QR codes have never been more of a necessity. Programs like Venmo have especially been
Facebook Pay Tests Use of Personalized QR Codes Read More »
Are you planning to use your iPhone as a POS system for accepting payments from your consumers? Congratulations, you have made a good decision! Accepting payments from an iPhone has the potential to grow your business. One can pay for their purchases using an iPhone compatible credit card reader literally from anywhere! The best part
Using a Credit Card Reader with Apple iPhone Read More »
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, www.heb.com, for all curbside and home delivery orders. The Process – HEB.com To do so, customers need to already have or sign
HEB Consumers Can Now Pay With SNAP EBT For H-E-B Curbside, Home Delivery Read More »
Mobile technology continually improves and 2021 is bound to see some of the greatest changes. As we move into another year of living with social distancing, consumers want contactless payments and more capabilities from the comfort and safety of their own homes. Mobile Wallet Security It’s not enough to offer mobile wallet payment options next
Mobile Technology Trends for 2021 Read More »
The cashless paradigm has gone from credit and debit cards to smartphones, and the next logical step appears to be wearable devices such as smartwatches and fitness trackers; however, it should be noted that wearable digital payment systems do not necessarily need to be part of smart devices. In early 2017, market research firm Tractica
Wearable Devices Are Becoming More Attractive as Digital Wallets Read More »
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 »
Those who’ve spent any time in China as a tourist will know first hand just how difficult it can be to perform the seemingly simple task of paying for things with a format other than cash. One of the most popular forms of mobile payments in China is Alipay, and most people will use Alipay
Various technology giants have been looking at the emerging mobile payments sector with great interest, particularly if they have already claimed some market share with regard to mobile devices, apps, and services. The big three in this regard are Apple, Google, and Samsung, and it could be said that Apple is in the best position
ApplePay Faces Challenges in Europe Read More »
PayPal’s international money transfer service Xoom has this week made the announcement that, for the first time, their customers will be able to make money transfers to recipients in the United States. These P2P mobile payments will occur in a matter of minutes thanks to strategic alliances set up with Walmart and money transfer company
PayPal’s Xoom Launches Domestic Money Transfers with Walmart Read More »
According to recent data released by Adobe Analytics, American shoppers will be going online to spread the holiday cheer among retailers in 2019. The Adobe study was published a few weeks ahead of Black Friday and Cyber Monday, two of the most active and lucrative shopping events in the United States. As has been the
US to Spend Record 126 Billion Online This Holiday Season [2023 Update] Read More »