With the rise of e-commerce, online payment fraud has also increased, becoming one of the most frequently occurring and damaging illegal activities on the internet. In fact, experts estimate that e-commerce credit card processing fraud could top $25 billion by 2024. E-commerce payment fraud encompasses almost any kind of unauthorized or illicit online transaction made...Read More
In an increasingly contactless world, more and more business is being done remotely. Merchants need to keep up with their customers, and a virtual terminal for credit card payment processing can help them expand their options and grow their business. Enabling greater convenience, mobility and efficiency, virtual terminals optimize business operations. These modern systems make...Read More
For business owners, credit card processing is an occupational hazard, and for many, an irritating, unclear and expensive one. While card processing is quite literally one of the costs of doing business, it doesn’t have to be as high a cost, or as confounding an experience, as you might think. Any time a merchant accepts...Read More
In 2017, half of all Americans said they usually did not carry cash, rarely used it, and given a choice between paying someone with paper money or an app, would choose the digital option. And that was before COVID-19. More than ever, we are living in a paperless world and a contactless society. For businesses,...Read More
More and more, consumers are watching their favorite shows on Netflix, waiting on Amazon Prime deliveries and eagerly awaiting their next Hemp Crate CBD box. From Birchbox to Blue Apron, Spotify to Dollar Shave Club, it is remarkable how much people’s daily lives have come to be dominated by subscriptions. With customers’ habits increasingly trending...Read More
The COVID-19 pandemic has disrupted so many industries, and the payments sector is one of them. Consumers are shying away from using cash or interacting with Point-of-Sale (POS) machines for fear of catching or spreading the virus. These health and safety fears have led to an increase in the number of consumers who use contactless...Read More
Phone technology has exploded over the past few decades. Consumers use their phones to handle payments for all kinds of goods and services, every day. So, why not introduce that technology into your own business? Adding alternative payment methods can only increase overall customer satisfaction, and for businesses in certain fields, it can be the...Read More
These are tough times for any business, but the ones that seem to catch the brunt of any economic downturn are small companies. Low turnovers or high-risk industries make them less appealing to lenders, which can mean disaster when times get tough. All is not lost though. With the right investments and processes in place,...Read More
Business owners understand why it’s important for customers to have the ability to pay for goods and services quickly and easily. A 2019 study found that 51 percent of consumers are paying with debit or credit card over cash and check, with card payments accounting for $6.48 trillion in the U.S. in 2017, according to...Read More
