by Bruno Farinelli As more commerce moves online, customers expect merchants to recognize them. McKinsey found that in November, 71 percent of customers expect personalized interactions with companies, and 76 percent “get frustrated when this does not happen.” Personalization typically involves marketing messages, email campaigns, and product suggestions, but what could be more personal — […]
by Mastercard Consumers are shopping with intention this holiday season and prioritizing small and local businesses, according to a new Mastercard survey. In response to this growing desire to support Main Street and shop with meaning, Mastercard is rewarding cardholders when shopping local through a series of holiday campaigns in select cities nationwide. Unique Shopping […]
More and more retailers are allowing customers to pay for products in installments, with big players such as H&M, ASOS and Topshop having the service readily available for shoppers. Research from Splitit, a global installment payment solution provider, found that 35 percent of shoppers are more likely to make a purchase online if retailers offered […]
Recently, Bank of America announced that it will be reissuing four million Visa debit and credit cards for account holders in the NYC, San Francisco and Boston areas, changing them over to contactless cards. Following the growing trend of tap-to-pay transactions, customers will soon have the option to try out the new payment method at […]
While the idea of your business accepting credit and debit card payments is nice, it’s important to fully understand the cost of such a venture.
With the number of cyber attacks being launched every day and the success hackers are having against large, heavily guarded businesses, it’s no wonder cyber criminals are finding even more success at the small business level.
Retailers know there is a major shift currently underway in the payment industry.
Ben, a retailer, tells his entrepreneur friends to stay away from the last merchant service provider he tried.
The past two years have been anything but quiet for the retail industry, with some high-profile cases shining a spotlight on fraudulent use of or access to credit/debit cards and personal information.
Did you know that 78 percent of smartphone data goes across Wi-Fi?