Payment Options

Small businesses are reporting on average 30 percent of monthly invoiced sales are overdue, which presents a difficult reality for owners struggling to keep their business afloat in what is presently a volatile economy. One of the first steps to mitigate financial risk in this situation is to adopt a buy now, pay later (BNPL)…

As digital assets become more mainstream, businesses are exploring practical, low-risk ways to enter the crypto economy. Stablecoin payouts and loyalty rewards have emerged as some of the most accessible options, offering immediate operational benefits and deeper engagement with digital-native consumers. Meeting Digital-Native Expectations Millennials and Gen Z are leading the adoption of crypto wallets…

Retail heroes love the hustle of the job. Whether it’s running a cozy boutique, a bustling farm stand, or a specialty shop close to the heart, retailers pour all their energy into the business because they believe in what they do. But let’s face it: in today’s world, every dollar counts more than ever. Economic…

The retail landscape is undergoing a rapid transformation driven by evolving customer expectations and technological advancements. According to a recent KPMG report, a significant majority of financial institutions (93 percent) and retailers (87 percent) are actively modernizing their payment infrastructure or planning to do so within the next six months. This requires significant investments to…

Checkout is no longer just the final step in a transaction — it’s where customers decide if they’ll return. And increasingly, it’s where artificial intelligence (AI) is raising the bar. Whether you run a neighborhood boutique or a growing e-commerce brand, AI is transforming the checkout experience from a routine transaction into a powerful competitive…

Credit cards and e-commerce now dominate modern retail, making cash increasingly obsolete and payment processing critical to a retailer's financial health. Yet many small and medium-sized businesses still do not fully understand how processing fees impact their bottom line.

According to the American Express 2024 Shop Small Impact Survey, 90 percent of Gen Z and millennials report that they have discovered new businesses while exploring their local communities. This would seem to cut against the widespread notion that younger generations live increasingly online, buried in their phones and bereft of real-life connection. Indeed, if…

According to research by PwC, overall spending will surge this holiday season to an average of $1,638 per shopper, a 7 percent increase from 2023 and a 15 percent increase from 2022. While this is good news for a recovering economy, 34 percent of Americans went into debt over Christmas in 2023, with 67 percent…

Every holiday season, retailers look forward to a surge in consumer spending — only for swipe fees to barge in like the well-known green grouch, swiping away hard-earned profits one tap, insert and swipe at a time. With consumer spending expected to jump by 7 percent, the average shopper is ready to spend an impressive…

The National Retail Federation (NRF) welcomed a lawsuit announced Tuesday by the Department of Justice accusing Visa of violating federal antitrust law in its debit card practices but said the card network’s anticompetitive practices go further. The DOJ has filed a lawsuit against Visa alleging that some of its practices involving debit cards are anticompetitive and…