| January 3rd, 2019 |
Did you know that certain reasons restrict a merchant services program from expanding? If you don’t, take out a few minutes and roll your eyes over the four major reasons behind declining or stagnant merchant services programs. 1. Low Merchant Retention — 70% is the annual merchant retention of the industry on average. Having said […]
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| December 27th, 2018 |
Be it any business, it is categorized as either high-risk or low-risk. However, in the middle of these two categories is one more category: medium-risk business. Not everyone knows, but explaining medium-risk is the most complex thing. Businesses that deal in card-not-present payments do not come under the high-risk category. However, without the right Chargeback […]
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| December 12th, 2018 |
Somewhere in the world, a doctor or a healthcare expert is lecturing a patient about staying at bay from their annoying habit of ignoring trouble symptoms that need attention. Much like how patients overlook signs like shortness of breath, pain, or focus problems, businesses often overlook essential tools like merchant services that can streamline operations […]
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| December 4th, 2018 |
Payment industry is unpredictable and changes in its trends happen at an unprecedented rate. Evolving payment technology is one of the main reasons behind these sudden shifts. However, change in customer behavior and expectations are also the key players. While this results in challenges for the credit unions, it does open up a bag of […]
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| November 28th, 2018 |
Security technology and the ever-changing habits of customers have made the payment processing industry evolve more quickly than ever. Evolving millennial and Gen Y populations have increased the fame of wallets and mobile payments with biometric authentication. Steal a few minutes and go through this infographic to discover the future of payment processing. Do check […]
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| November 21st, 2018 |
Online shopping fever has risen in today’s economy, resulting in the setting up of digital shops to accept online payments. Success is extending friendship hands to businesses that are incorporating online payment processing. Feeling like starting? Understand the essentials 3 P’s first: Players — In terms of processing credit and debit cards, there are three […]
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