In the most recent years, you can already see how the purchasing behavior of customers continues to lean towards cashless payments. More importantly, the industry already predicts a booming trend towards cashless payment...
Merchants old and new usually have a one-track mind when it comes to their business, and that is to generate profit. One key component is to equip yourself with the capability to accept payments how, when and where your clients need. With the rapid expansion of...
Gone are the days when customers would just rely on cash or their handy cards to make payments. We are now entering a very exciting stage of making purchases where mobile and online payments take center stage. Mobile payments encompass another payment method that...
Any business owner or merchant would always look at their return on investment or ROI as their main measure of success, and one of the fool-proof ways to secure their ROIs is to make sure that money keeps pouring into the business from all directions. This is...
Payment processors are companies, usually third-party, that handle payment transactions between the merchant and customer by relaying payment information from the customer to the merchant’s bank account. They enable merchants to receive debit or credit card payments online by providing a connection to an acquiring bank.
Since late September, the financial services world was a bit shaken up when popular mobile payment company, Square Up (or simply known as Square), just hit its small business owner clients with an enormous price increase. Merchants, most of which with low volume...
One successful development in the world of entrepreneurship that made the payment process easier and more secure is the presence of the ACH system. Some of us may have used ACH and eChecks interchangeably but both are different when it comes to the payment process....
Considering accepting mobile payments or upgrading your system to accept mobile wallet? Utilizing the technology in your processing hardware and accepting Apple Pay, Samsung Pay, or Google Wallet can vastly improve the experience for both the customer and the merchant.
On our blog, we’ve talked a lot about emerging technologies, their pros and cons, how to ease into them, and also how to future proof your business to accept these technologies. Recently Bank of America published their annual Trends in Consumer Mobility Report. In it,...
A question we've received recently was whether Apple Pay, Samsung Pay, etc. (NFC) were secure, and where the liability fell. To explain this let's first explore how these payments work. Apple Pay and Samsung Pay are considered mobile wallets. On...
