Posts in tag

Payment Processing


Mobile

Millennials and members of Generation Z aren’t strangers to the ways of mobile payments processed on their smartphones and mobile devices. Whether by a digital wallet or a brand’s loyalty program/consumer-facing app, 42.2% of people prefer to make their payments via mobile device. With the general public operating so comfortably on their mobile devices, are …

invisible

Invisible Payments are driving more seamless experiences for customers everywhere. From just strictly transactional to more customer-service oriented run-ins, when payment processes involve less human interaction, the better they actually are. Just think about wearable devices, when it comes to a means of paying for transactions; this implementation is growing more frictionless. Disney has actually …

When it comes to retail, POS is the heart of the industry. Major POS vendors offer additional functionalities such as workforce management, customer loyalty programs, and advanced analytics. These one-off applications don’t always meet customers’ needs. In the past, ISVs had to collect their data from the POS via an SDK that cost thousands of …

Mobile Payment is a dream come true. Having the ability to pay bills, make transactions in person, and resolve orders online is the simplest resolution in retail. Could it all be too good to be true? The mobile payment technology is rapidly evolving, but how are the consumers to know what to do when it …

Semi-integrated

EMV seems to have migrated its way into the industry very smoothly, however, some are still hesitant in doing so. Several thousand business owners are on the fence as to whether they would like to hop onboard with the payment processing trend. EMV is seemingly predicted to be the most painless method for accepting and …

Contactless

Contactless? The contactless payment market was led by mobile devices at first, and has leaped towards contactless cards alone. Smart cards are projected to climb and rise in adoption rates, as these cards promise both convenience and speed. In developed countries (comparable to the US) contactless payments have been boosted by over the years. The …

Smarter

In the rise of smart technology, the ability to control the way consumers shop can build loyalty and accelerate the adoption of contactless payments and the accommodating technology. This is likely fueled by big data and the potential for contactless payments.  Smarter shelves, kiosks, and checkout counters, oh my! Unattended retail has the power to …

Members of Generation Z are starting to enter the workplace. As crazy as that sounds, Gen. Z (Born 1997-2015) does include some young adults who are graduating college and applying for entry-level positions. These individuals are earning money on their own and fear the ‘big, bad banks.’ Financial Institutions, ISVs, and VARs alike must learn …

Electronic Payments

Why bother with the traditional way to do anything, when you could make the switch over to electronic mode of making payments? Though it seems like basic knowledge, there are many business owners still writing checks and filling out paper invoices. Electronic payments are here to stay and many companies are benefitting off of their …