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Posted on October 31, 2023Managing Demographic Payment Changes with the Cloud
Cloud technology has become integral to the payment processing industry, transforming how transactions are conducted across various sectors. Traditional payment processing methods have several challenges, including high costs, slow transaction speeds, and security concerns. Cloud-enabled platforms address these issues by leveraging the power of cloud computing to streamline payment processing, enhance security, and deliver value-added … Continued
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Posted on October 25, 2023Proactivity in Payments: 7 Tips Merchants Can Use for Higher Conversions
In today’s fast-paced digital economy, merchants and e-commerce platforms must be proactive in their payment strategies to ensure business growth. A well-planned payment approach is not just about accepting money; it’s about enhancing the customer experience, converting first-time shoppers, retaining loyal customers, and doing everything within budgetary constraints. In this article, we’ll explore how to … Continued
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Posted on October 24, 2023Understanding Payments: How to Remain Competitive in a Changing Market
The global payments industry is transforming with technological advancements, evolving consumer preferences, and regulatory changes. Based on the insights from the 2023 Global Payments Report by Worldpay from FIS, this article explores the key trends shaping the future of payments, providing a comprehensive understanding of the current landscape. By understanding these trends, small businesses can … Continued
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Posted on October 5, 2023The Finance Revolution: The Rise of Real-Time Payments and the Transformation of the B2B Landscape
The financial world is undergoing a transformation that is redefining the way businesses transact and manage their financial operations. At the heart of this transformation lies Real-Time Payments (RTP), a system that enables the immediate transfer of funds, breaking free from the delays and inefficiencies of traditional payment methods, such as credit cards or paper … Continued
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Posted on September 19, 2023The Evolution of Customer Loyalty Programs
The post-pandemic world fostered a seismic shift in the payment landscape as businesses and consumers wholeheartedly embraced digital and contactless transactions. This transition, largely due to health precautions and quarantine measures, introduced a new wave of payment modalities, leading to an unprecedented surge in the use of contactless payments, online payments, and digital wallets. In … Continued
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Posted on August 17, 2023Key Payment Methods Used by Gen Z
From their early youth, Gen Zers, defined as those born from the mid-to-late 1990s to the early 2010s, have been exposed to technology, social media, and mobile devices. This demographic is coming of age in a world where technology is not just an advantage but a way of life. Now, this generation’s approach to payments … Continued
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Posted on August 16, 20236 Technologies Shaping FinTech and How They Will Affect Your Business
Traditional financial systems have often been rigid and slow to adapt in our fast-moving world, causing inefficiencies and challenges for businesses and individuals. Luckily, financial technology (FinTech), an innovative intersection of finance and technology, has been at the forefront of disrupting the traditional financial landscape, responding to the changing needs and demands of the modern … Continued
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Posted on August 16, 2023How to Make the Returns Process a Win for Everyone
The ongoing revolution of the e-commerce sector has streamlined the shopping experience, offering unparalleled convenience and an abundant variety of products to the customers’ fingertips. However, one aspect of the retail process that often remains a challenge for both retailers and consumers is product returns. The conventional return process has long been seen as a … Continued
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Posted on August 10, 202312 Ways to Leverage Payments and Increase Revenue
In the dynamic landscape of today’s global economy, payment systems have transformed into much more than mere transactional tools. Now, payment systems have become an integral part of businesses’ operations and growth, providing new avenues to enhance customer experience and ultimately increase revenue. In this blog post, we’ll explore the 12 payment strategies that businesses … Continued
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Posted on July 31, 2023Avoid Security Risks This Holiday Season with Integrated Payments
The holiday season is a time of joy and celebration for many. However, it can also be a time of increased vulnerability regarding financial transactions. Why? Because statistically, the increased number of transactions during this time of year increases the odds of fraud. As a business owner, ensuring the security of your customers’ payments should … Continued
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