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Traditionally, the term “contactless payments” referred to EMV payment solutions based on near-field communication (NFC) technologies. Almost every payment card or app user nowadays is familiar with such technologies as Visa payWave or MC PayPass, not to mention Apple Pay and Google Pay. From cardholder’s perspective it is easy: you just “tap” the terminal with […]

Date posted: May 5, 2020 | Author: | Comments Off on Contactless Payments for Contactless Times

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Virtual reality and augmented reality are perhaps the next big revolution coming to the retail industry. Not since online shopping changed the face of retail has something this important, and this market-changing comes along. But what are VR and AR – and are shoppers ready for these new ways to shop? Online shopping hasn’t evolved […]

Date posted: February 19, 2020 | Author: | Comments Off on VR and AR: What Do These Terms Mean? And Are Shoppers Ready?

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Ecommerce continues to evolve, and 2017 is likely to be an essential year for ecommerce and the payment industry. While we can’t offer an exhaustive list of everything that’s likely to change this year, we can offer some comments on ecommerce trends 2017 is likely to see along with some ideas about how things will […]

Date posted: February 18, 2020 | Author: | Comments Off on Ecommerce Trends 2017: How Will The Payment Industry Be Impacted?

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Contactless payments allow both merchants and cardholders to save time, providing a handy payment tool. Contactless payments are often referred to as near-field contact or NFC payments, as they are based on the NFC technology which works as follows. Once a card gets into the magnetic field of the terminal, card data is read by […]

Date posted: January 13, 2016 | Author: | Comments Off on Contactless Payments Demystified

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What are the options for a merchant when a batch of transactions gets declined? How can a business improve transaction approval rates? How can a merchant avoid unnecessary per-transaction processing costs? Why is it preferable to aggregate charges coming from the same merchant on a customer’s bank statement? The article on credit card batch processing […]

Date posted: August 12, 2016 | Author: | Comments Off on Credit card batch processing optimization

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