News - Part 41

  • Comparing Card Processing Rates As a Merchant: Getting the Best Deal

    If you’re a merchant that accepts credit cards, you undoubtedly know exactly what your card processing rate is. You know it’s called a merchant discount rate, and it’s some percentage of the total bill, maybe a flat fee per transaction is also attached. If you did a little research, you would even know exactly how…

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  • Connecting With Customers: The Future of Mobile Payments

    Google Wallet, PayPal, Square, MasterCard, Visa’s V.me, LevelUp. The mobile payments space is becoming more competitive by the day, with both established leaders and savvy upstarts staking their claim for market dominance and consumer mindshare. Already the range of choice seems overwhelmng, yet we are only at the start of the mobile payment revolution. What will fuel this…

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  • PayPal experiments with facial verification payments

    Lots of companies are toying with digital wallet systems. Besides vendor adoption and consumer education, security concerns seem to be standing in the way of widespread adoption. But if PayPal‘s new experiment proves successful, that point may become moot. The online payment company has been testing a new mobile app functionality that would require shoppers to…

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  • Plastic Preferred: Cash To Decline to Just 23% of Purchases

    You know the old saying: “Cash is king.” But with cash transactions in decline, “Plastic is preferred” would be a more accurate adage these days. In 2011, cash transactions made up 27 percent of point of sale purchases. By 2017, that number is expected to plunge to 23 percent. Credit card purchases, on the other…

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