Payment Options

Benefits of Working With an End-to-End Payment Technology Company
July 10, 2018 at 9:13 am

Business owners are often surprised by what’s involved in setting up a merchant account for payment processing. While some decide to use numerous vendors to provide a processing gateway, platform, settlement services and equipment, it isn’t the most efficient strategy. In the long run, working with an end-to-end payment technology company can save time and…

2 Supreme Court Rulings That Will Impact Retail's Future
June 29, 2018 at 8:43 am

In this week's episode of Retail Right Now, Total Retail's Caitlin Sullivan and Joe Keenan discuss two Supreme Court rulings in the past week that will have an impact on the retail industry going forward. First up is the High Court's decision to side with states in the South Dakota vs. Wayfair case — giving…

Choosing the Right Payment Processor for Your Retail Business
June 28, 2018 at 4:20 pm

Business owners are often surprised by what’s involved in setting up a merchant account for payment processing. While some decide to use numerous vendors to provide a processing gateway, platform, settlement services and equipment, it isn’t the most efficient strategy. In the long run, working with an end-to-end payment technology company can save time and […]

Supreme Court Rules Against Retailers in Amex Credit Card Case
June 25, 2018 at 12:13 pm

The Supreme Court handed American Express a win Monday in a lawsuit over rules it imposes on merchants that accept its cards. Under their contracts, merchants which accept American Express generally can’t encourage customers to use other credit cards, even though they charge merchants lower fees. The federal government and a group of states sued over…

Payments Technology: Merchants’ New Customer Service Frontier
June 25, 2018 at 9:24 am

Let’s face it, as consumers we all want a quick and easy experience when it comes to making purchases online or in-store. To provide this desired experience, merchants are under increasing pressure to improve security measures and exceed customer expectations while also controlling cost, and many of them have already taken notice. New research from…

E-Commerce Trends and Instant Financing
June 20, 2018 at 10:26 am

Instant financing enables online merchants to offer consumers the ability to spread payments over time with low or no APR financing offers when paying for purchases. The tactic represents an attractive alternative to credit and debit cards. How do retailers feel about this new payment method and assess its affect on their bottom lines? Elizabeth Bramlage, Klarna’s head of U.S. marketing, presents key data from a recent merchant survey the company conducted that indicates instant financing is seen to increase consumers’ buying power and reduce friction at checkout. Despite this, only 26 percent of e-commerce executives indicated they currently offer this alternative payment method. This leaves the door open for savvy online retailers to gain a competitive advantage.

Report: Microsoft Working on Technology to Eliminate Cashiers, Checkout Lines in Stores
June 15, 2018 at 11:34 am

Microsoft is reportedly working on technology that would eliminate cashiers and checkout lines from stores, six people familiar with the matter told Reuters this week. More specifically, the software giant is developing a system that tracks what shoppers add to their carts. Reportedly, Microsoft has shown sample technology to several global retailers and has had talks…

ACI Worldwide and Ovum’s 2018 Global Payments Insight Survey: Merchants
May 31, 2018 at 2:35 pm

ACI Worldwide’s joint report with Ovum, 2018 Global Payments Insight Survey: Merchants, discusses how retailers and other merchants are tackling challenges in an industry where a consumer’s experience with customer service is now held to the highest standard. This survey is the third portion of this research series and highlights some of the key findings from the fourth year of this research. It provides an analysis of the views and plans of this part of the value chain, as well as a sense of how these perspectives have changed over time. This data sheds light on the importance of using new digital payments systems to glean better insights from consumers, the impact of real-time payments on consumers’ use of credit cards, and why merchants should implement fraud prevention measures.

Experience (Not Price) is What Wins Over U.S. Shoppers
May 24, 2018 at 10:31 am

Thanks to technology, shoppers have more power than ever. Prices and products are no longer enough to cement buying decisions. Instead, American consumers place higher value on — and demand more from — the shopping experience. This shift toward experience is one of the key findings in a new study that tracked the opinions, preferences…

Walmart Abandons Scan & Go Checkout
May 17, 2018 at 12:10 pm

Walmart has decided to cancel an app that let shoppers scan and pay for items with their smartphones so they could skip waiting in line at checkout registers, the company confirmed to Business Insider on Tuesday. The decision to kill the app, called Scan & Go, comes just four months after Walmart announced it would expand…