Perficient

JULY 11, 2022

BNPL companies exploded during the pandemic when many were struggling financially and doing more online shopping, and they have continued to grow in popularity among practically all industries. Afterpay is offered at thousands of merchants – notable names include Nordstrom, Bed, Bath & Beyond, and Nike.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

SEPTEMBER 3, 2020

The app was crafted to support the hospitality industry including restaurants, cafes and pubs for a fast and easy way to pay the check. It is estimated the industry lost nearly 30 billion pounds ($39.3 The remote payments app allows merchants to charge customers by sending a payment link via SMS, Whatsapp, email or social media.

social media 298

social media Taxes Payments Online 298

PYMNTS

NOVEMBER 5, 2020

As an industry, we’ve got to make it not only stupid-simple for the consumer, we’ve got to make it stupid-simple for the merchant, too,” Marraccini said. Now I think it’s something that will stay, because it’s also a third option for merchants to make additional funds” in addition to in-store and online shopping. We leave.”. “As

Payments 277

Payments Industry Mobile Retail 277

PYMNTS

NOVEMBER 19, 2020

Bluestone Payments, founded by Linda Rossetti and launched in 2006, connects merchants in niche markets to payments programs through a referral system. Payroc processes payments for over 66,000 merchants in 46 countries and also offers full-service merchant acquiring solutions and card brand network payments sponsorship registrations.

Payments 251

Payments Cards Branding System 251

Payments Dive

SEPTEMBER 6, 2019

Governments, industry organizations and financial institutions have been looking for ways to strengthen these vulnerable systems to make sure consumers and merchants can continue to function during disaster recovery periods. Banks and payment networks found themselves highly vulnerable to the recent spate of major hurricanes.

System 285

System Industry Payments 285

Accenture

JULY 20, 2020

This time, we’ll shift focus to the future and unpack what the pandemic will mean for key industry verticals and channels in Europe. The projections will focus on the card issuing and merchant acceptance segments…. My previous post looked at the tremendous impact the COVID-19 pandemic has had on consumer spending in Europe to date.

Payments 243

Payments Cards Industry 243

PYMNTS

SEPTEMBER 15, 2020

Rising eCommerce volumes and an embrace of the direct-to-consumer (D2C) sales model has led merchants to shift their own payment strategies — and seek out banking providers that can address those changing needs. Merchants didn’t realize how important it was to have a backup. Diversifying Risk. A Single Digital EU Market.

Payments 299

Payments Risk Management Management Compliance 299

PYMNTS

JANUARY 25, 2021

Jonathan Hughes, co-founder and CEO of Pollinate , shares his thoughts on why, and how, the payments industry must support the small businesses coming out of the crisis. The good news is that throughout 2020, the payments industry has been rapidly innovating and seeking to simplify and automate processes for merchants and consumers alike.

Industry 155

Industry Payments Fraud How To 155

PYMNTS

MARCH 11, 2020

The journey toward frictionless payments has raised the bar for merchants and their financial institutions (FIs) to be ready for the shift. Good said that for merchants, processors and FIs, the investment in terms of technology and time is significant. Projections show that less than half of all POS merchant terminals in the U.S.

Payments 259

Payments Mobile Trends Apple 259

PYMNTS

NOVEMBER 6, 2020

Merchant acquirer Payroc announced that RewardPay , its signature payment processing product, is growing its processing features. Payroc said that RewardPay is a “card brand-compliant” surcharging program that lets merchants have cardholders pay all or a portion of their credit card processing fees.

Cards 193

Cards Branding National Payments 193

PYMNTS

JULY 7, 2020

Merchants’ needs have changed dramatically due to the pandemic. Digitizing operations tops the list of merchant imperatives, but getting there can be a struggle — especially when it comes to digitizing the checkout experience for a post-pandemic age. The checkout experience is changing and evolving,” Park told PYMNTS.

Video 284

Video Tools Mobile Online 284

PYMNTS

SEPTEMBER 17, 2019

The multi-channel commerce platform Shopify is rolling out new features to help merchants sell hemp and hemp-derived cannabidiol (CBD) products online and in physical stores wherever it is legally allowed, Shopify said in a press release on Tuesday (Sept. sellers succeed in the flourishing but regulated CBD industry.

Tools 192

Tools Industry Retail Resources 192

Payments Dive

MARCH 17, 2017

If 2015 was a defining moment for mobile use in retail, then 2016 showed the industry what is possible as merchants continued to fine-tune their app experiences for consumers. And they will continue along that path well into 2017 and beyond.

Retail 320

Retail Mobile Industry 320

PYMNTS

NOVEMBER 17, 2020

Adyen , a FinTech whose payments platform is used by merchants and retailers around the world, is teaming up with San Francisco-based installment payment company Affirm in a new partnership, the companies announced on Tuesday (Nov.

San Francisco 243

San Francisco Payments United States Retail 243

PYMNTS

AUGUST 11, 2020

The network said it heard stories of questionable treatment by what are called “merchant cash advance companies” from owners of small businesses in six states. Critics argue that the total cash outflow required of businesses that get money from merchant cash advance companies can be disastrous.

Lending 237

Lending Regulation Philadelphia New York 237

PYMNTS

NOVEMBER 19, 2020

In response to customer demand, our research shows that merchants across the board are improving services to fight churn by turning new customers into long-term subscribers. Sixty percent of merchants have improved their sign-up processes, reducing the time needed for subscribers to gain access to their services.

How To 167

How To Data United States Analysis 167

PYMNTS

SEPTEMBER 30, 2020

Merchants are optimizing their eCommerce operations, but this is posing challenges for some, including luxury merchants. Many consumers are shying away from physical stores, however, leaving these high-end merchants scrambling to develop strong online presences. Around The Buy Now, Pay Later World.

Payments 279

Payments Millennials Retail Trends 279

Payments Dive

JUNE 5, 2018

But the industry could do some things to help bump adoption and incentivize merchants to accept NFC-enabled mobile payments. Apple Pay, Google Pay and Samsung Pay aren't going anywhere, but U.S. consumers are not enthusiastic about using them at the physical point-of-sale.

Industry 257

Industry Samsung Apple Google 257

Bank Innovation

FEBRUARY 20, 2020

Despite the steep price, industry observers say the move allows Ally to build a card and merchant services business, while […]. On Tuesday, Ally Financial announced plans to acquire CardWorks, a non-prime card and consumer finance lender, for $2.65 billion, a price that raised eyebrows among some analysts.

Tools 259

Tools Regulation Cards Industry 259

PYMNTS

OCTOBER 15, 2020

Merchants used to have a tiny conversion rate when offering customers extended warranties by paper, and that only got a little better when they switched to POS systems. He said the 100+ merchants using Extend’s platform typically see 12 percent to 14 percent conversion rates, with some even enjoying rates as high as 30 percent.

Online 334

Online Exercises Retail Capital 334

PYMNTS

OCTOBER 6, 2020

In an interview with PYMNTS, Melissa Jankowski , head of debit and ATM services at FIS , said that as cancellations and postponements mount, financial institutions (FIs) and merchants can be proactive in reaching out to customers in anticipation of disputes – and can effectively battle scammers, too.

Fraud 205

Fraud Exercises Examples New York 205

PYMNTS

OCTOBER 7, 2020

As merchants accelerate their digitization roadmaps, the volume of data they’re able to work with increases. But data in payment transactions provides an often-untapped opportunity for merchants to optimize their payment operations and grow their businesses, Tony Wimmer , head of data analytics for J.P. They are interdependent.”.

Data 258

Data Analytics Payments Operations 258

PYMNTS

APRIL 9, 2020

A deluge of chargebacks is headed toward the payments industry, spurred by the coronavirus, as all areas of the global economy have been upended. The consumer may not have read the terms and conditions of the sale with the merchant,” said Gerber. Thus, the formal process can stretch over months.

Operations 298

Operations Regional Industry Course 298

PYMNTS

MAY 21, 2020

While the travel industry remains decimated due to the pandemic, with businesses just beginning to tiptoe toward some semblance of normalcy, the shift to digital processes is gaining traction. This made the need to optimize operational inefficiencies secondary,” he said.

Industry 237

Industry Payments Online Cards 237

Bobsguide

JANUARY 6, 2021

It is set to be a transformative year for payments say those in the industry. While digital payments have grown over the past few years, they became an essential, as merchants and consumers. The pandemic will continue to have a huge impact, particularly in digital payments and open banking.

Payments 182

Payments Industry 182

South State Correspondent

MARCH 19, 2024

The banking industry is unlike many other industries when analyzing how cross-sell drives profitability. For the banking industry upselling and cross-selling have a high and disproportional impact on profitability. In the banking industry, the time factor is extremely important.

Community Bank 195

Community Bank Community Industry Cards 195

PYMNTS

MARCH 27, 2020

In the latest Merchants Guide to Navigating Global Payments Regulations , PYMNTS examines the latest data privacy and online banking regulations taking shape in the United States. merchants are remaining compliant without losing their competitive edge, visit the Tracker’s Feature Story. Around The Data Protection And Security World.

Data 199

Data Retail US California 199

PYMNTS

NOVEMBER 4, 2020

As a result, the retail clients of Epos Now will be able to tap into the worldwide jump in eCommerce sales demand and diversify their sales channels at a key moment for the industry. Our customers must move to capitalize on the growing demand for online retail,” Epos Now Chief Growth Officer Barbara Staruk said in the announcement.

Payments 222

Payments Retail Online Software 222

PYMNTS

SEPTEMBER 2, 2020

As consumers seek payment options and merchants try to meet the demand, Mastercard announced Wednesday (Sept. It supplements Mastercard’s merchant offerings through application programming interface (API)-based solutions, commercial partnerships and acquisitions, the company said.

Payments 221

Payments Massachusetts Lending Meeting 221

PYMNTS

SEPTEMBER 18, 2020

Combining these elements, we are creating a broad platform with faster technology and smarter and better services that the industry can trust as a foundation for innovation towards their own end-clients," he added. EVO Payments Wields Visa Rails for Merchants. VSoft Debuts Real-Time Platform.

Innovation 291

Innovation Payments cryptocurrency Cards 291

The Paypers

SEPTEMBER 20, 2016

(The Paypers) National Merchants Association (NMA), a global merchant advocacy group and merchant services provider, will address Members of Congress and federal regulators on a number of payments industry issues.

National 28

National Industry US Payments 28

PYMNTS

NOVEMBER 23, 2020

Merchants and their banks must therefore keep a close eye on how privacy and open banking trends are changing, as well as what data they can use to help authenticate these customers under these emerging laws. It also examines how these shifts are affecting merchants as they look to compete within this changing environment.

Industry 298

Industry Regulation Data Study 298

PYMNTS

MAY 8, 2020

She noted that merchants need to be able to fulfill orders with the inventory they have on hand, even as they keep the health of their customers and employees top of mind. But there was, and continues to be, a shift for merchants with hybrid models. As she told Webster, “The last leg can be fulfilled in a whole host of ways.”.

Cards 260

Cards Fraud Online Operations 260

PYMNTS

DECEMBER 9, 2020

Square is offering merchants in the beauty and wellness industry a point of sale (POS) tool that integrates appointments, payments and checkout for a streamlined, secure process. . Square just teamed up with DoorDash to give online merchants the ability to fulfill orders with on-demand deliveries.

Tools 283

Tools Online Wyoming Software 283

PYMNTS

JANUARY 23, 2019

Subscription merchants have duplicated this simple formula within every industry imaginable, but few today offer subscription services that resonate with what consumers want. Seventy percent of Top Performing subscription merchants allow customers to test products before purchasing. percent of B2C merchants did.

Report 189

Report Industry Examples Data 189

PYMNTS

JANUARY 7, 2021

But they weren’t totally ignored in the country, with individual brands and merchants using them in specific one-off applications. merchants were quite distracted over the last couple of years, because the industry gave them other solutions in terms of [contactless] mobile payments at the point of sale,” Huang said. “I

Maine 283

Maine Payments Software Meeting 283

PYMNTS

JANUARY 13, 2021

As COVID has battered the economy and changed the way merchants do business, the time has come for them to analyze their clients and customers to see if recouping some or all of their transactional costs makes sense. But if and when merchants do make the change, Payroc Chief Financial Officer Kevin Hodges said, it must be done correctly. “We

Cards 227

Cards Regulation Training System 227