Wednesday , October 30, 2024

Search Results for: merchants

How Merchants And Networks Can Transform Shopping

Most merchants can’t afford Amazon Go technology. But that doesn’t mean it’s out of reach. It’s the end of a long day at the office, and you swing into a pharmacy on the way home to pick up toothpaste. You’re not out yet, just running low and being proactive. You …

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COMMENTARY: Why Cryptocurrency at the Point of Sale Is the Next Contactless Step for Merchants

How people purchased goods and services online, at the in-store point of sale (POS), or on mobile devices changed significantly during the pandemic. Whether or not businesses closed their brick-and-mortar storefronts, they experienced a shift to contactless and online channels as a safer way to transact for businesses and consumers.  …

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RocketFuel Becomes the Latest Facilitator of Cryptocurrency Acceptance by Merchants

The drive to build merchant acceptance of cryptocurrency continues to gain momentum with RocketFuel Blockchain Inc.’s announcement on Wednesday that it is rolling out a one-click, blockchain-based payments solution for e-commerce transactions. RocketFuel’s service supports payments or direct bank transfers in 43 cryptocurrencies. The first two merchants to adopt the …

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Splitit Signs More Merchants and other Digital Transactions News briefs from 3/18/21

Buy now, pay later provider Splitit Payments Ltd. announced new merchants Giant Bicycles, Super73, Mate Bike, Michael’s Jewelry and others now offer the installment payment service. Spliltit also reiterated that its service can be used with credit cards.Boutique marketplace Jane has integrated Klarna for buy now, pay later transactions.Fintech Rapyd said it is waiving up to …

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Interchange Adjustments Will Add a Net $889 Million to Merchants’ Costs, an Analysis Says

With the two big payment networks set to raise by hundreds of millions of dollars the cost U.S. merchants pay for card acceptance, e-commerce merchants could see fee boosts while some segments—like travel-and-entertainment and low-ticket-value, quick-service merchants—could see some reductions.  In total, rate tweaks scheduled by Visa Inc. and Mastercard …

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How OLB Group Hopes to Win Over Merchants for Cryptocurrency Acceptance

Betting that consumer demand to use cryptocurrency as a payment vehicle will rise over the long term, payments provider The OLB Group Inc. announced Wednesday that its SecurePay payment gateway will support the acceptance of Bitcoin and other digital currencies at the point of sale regardless of the merchant platform. …

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COMMENTARY: How Merchants Are Methodically Moving Issuing Under Their Tent

Little by little and step by step, merchants have been taking tighter control over their payments businesses. No longer merely the endpoint in a cardholder’s lifecycle, merchants are leveraging fintech in ways not possible just a few short years ago. This is why we’re seeing the big fintech-centric acquirers like …

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Digital Transactions