Consumer Financing Options Help SMBs Compete

  The ability for small to mid-sized businesses to offer financing to its customers can’t be understated. With impressive percentages like the 77% of consumers saying the availability of financing drove their choice of retailer. That means while visiting a merchant’s shop, on-the-spot decisions are being made based on financing options. And then there’s the topic of spending totals — […]

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False Declines Hurt Card Issuers, Too

  In 2015, an estimated $40 billion in total was lost globally due to fraud. Of that, $18 billion were losses associated with false declines, as Card Not Present reported a couple of days ago. Perhaps even more interesting was the fact that it was a 29% increase from the year before. As National Merchants reported in a December 2016 […]

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Survey: Consumers Dictating Payment Methods For Merchants

  “Cash, check or charge.” It used to be that the owner of an establishment was the one who decided how their goods or services would be paid for during a transaction. Their word was final and it was based on which method the merchant was most comfortable with. According to a recent survey by ControlScan and the Electronic Transactions […]

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Samsung Pay Making Its Mark

  Nearly a year after the launch of Apple Pay, Samsung unveiled Samsung Pay, their mobile payment solution. That was in 2015. How is Samsung Pay faring so far in 2017 and what does the future hold, anyway? According to an announcement made by Nana Murugesan, Samsung America’s Vice President and General Manager of Services and New Business at CES […]

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Payment Industry Predictions for 2017

  Now that 2016 is in the rearview mirror, it’s time to take a look at 2017. What does the future hold for the payments industry? CardNotPresent.com asked several merchants and service providers in the card not present (CNP) space to examine the current environment and comment on what they think is likely to happen in 2017. On most minds […]

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