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NOVEMBER 8, 2023

This figure used to be 24% in 2015 which makes it evidently clear that card usage is on the rise. This may be concerning for certain types of businesses as they need to spend more to process credit and debit card payments as compared to cash.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

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NOVEMBER 6, 2023

Fast forward to now where much has changed, and research anticipates contactless mobile payments to exceed one billion users globally by 2024. A lot has changed in 20 years, and businesses must either adopt a modern and mobile payment infrastructure or risk becoming about as relevant as the cash register in a mall department store.

Payment Methods 88

Payment Methods Payment Services Mobile Payments Merchant Services 88

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NOVEMBER 13, 2023

Since the first plastic credit card was issued by American Express in 1959 , payment tech progress has been growing exponentially. Magnetic stripe payments enjoyed a 30-year reign between the ’70s and ’90s. Contactless payments became a must-have during COVID. NFC technology is in the midst of an evolution.

Merchant Services 88

Merchant Services Payment Methods Payment Services Payment Solutions 88

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MARCH 14, 2024

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The chip does not affect the price of processing payments. You will still be subject to the costs of debit vs. credit payments, etc. What Types of EMV Chip Cards Are There?

Payment Methods 88

Payment Methods Merchant Services Payment Services Payment Solutions 88

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JANUARY 24, 2024

Credit cards remain a favored way of making payments among customers. Purchase volumes through credit cards jumped 51% between 2015 and 2021. However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. The rate varies between 1.3 in most US states.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

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JANUARY 24, 2024

Credit cards remain a favored way of making payments among customers. Purchase volumes through credit cards jumped 51% between 2015 and 2021. However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. The rate varies between 1.3 in most US states.

Merchant Services 88

Merchant Services Payment Services Payment Methods Point of Sale 88

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AUGUST 20, 2024

With that, it’s no longer possible for merchants to check ID or signature to ensure that the person making a purchase is who they say they are. This has led to an increased need for security measures to protect both merchants and customers. If 3D is a three-domain process, 2D uses just two: The issuing bank The retailer.

Payment Methods 88

Payment Methods Merchant Services Payment Services Payment Solutions 88