Wednesday , September 18, 2024

Search Results for: churn

The Advantage of Cloud-Enabled Payments for ISVs

By Tom Byrnes, SVP, Marketing If you are an ISV, you know that adding payments to your solution adds value and gives you a competitive edge in the marketplace. Whether you like it or not, if your user base accepts payments, you are – by default – in the payments …

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The Transformation of Business Payments

The pandemic sped adoption of digital payments, but it also revolutionized supply chains. The pandemic accelerated the digitization of business payments. Companies are seeing new cost and process efficiencies from their digitization efforts, especially with T&E cards and vendor payments. But most exciting are the new possibilities that open up …

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Processing Innovation: Automating Integrated Payments

By Tom Byrnes, SVP, Marketing If you’re an Independent Software Vendor (ISV), one of the necessary elements of the business you’re in is a relationship with a payment processor. While the rest of the technology landscape has shifted to cloud-hosted platforms, processors have clung on to their mainframe-based legacy stacks …

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POPcodes And Arcum Take on ISO Attrition Rates with Targeted Messaging

Having made a sale, independent sales organizations and merchant acquirers are loath to lose merchants to a competitor but they must contend with this turnover, called attrition, every day. POPcodes Inc., a smart point-of-sale terminal service provider, and Arcum Partners, an artificial intelligence firm, say they are working on reducing …

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The Price of Malware? Just $10

The proliferation of plug-and-play software has revolutionized the computing experience, mostly for good. But bad actors, too, are able to take advantage of the plug-and-play experience and purchase malware kits that require little to no coding expertise, which can retail for less than $10, according to a new report from …

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Chargeback Mitigation: How to Scale up Without Slipping up

As transaction volumes grow ever larger, applying technology the right way becomes critical. Chargebacks are the black sheep of the payments industry. While new technologies have changed the payments space dramatically in recent years, chargebacks have barely evolved. For both merchants and card issuers, they are still almost always handled …

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Klarna Teams With GoCardless to Ease Installments Via Account-to-Account Transfers

Sweden’s Klarna AB has 21 million users in the U.S. market for its buy now, pay later app, but it wants a lot more. On Tuesday, it announced it will ease payments for its users by letting them pay off installments via direct transfers from their bank account. The service …

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Failed Payments Cost Banks, Fintechs, And Companies Nearly $120 Billion Last Year

As banks, merchants, and fintechs scramble to win share in the payments business, they can easily lose sight of the fact that not all payments process properly. In fact, many don’t. Some two-thirds of organizations sustain more than 20,000 failed payments each day, while the toll taken globally by all …

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Clearent’s ISV Virtual Summit

Even though the event is over, all panels are available on demand. Learn how to reduce customer churn and create a steady stream of recurring income with integrated payments. Watch the panel discussions at clearent.com/isv-virtual-summit.  

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Merchants Turning to Small Business Credit Cards to Improve Cash Flow

ISOs tap into card issuing revenue One of the biggest challenges for small businesses is the availability of credit according to a recent study* by the Federal Reserve. Many merchants address this by taking out short-term business loans or using personal credit cards to bridge the gap. While credit cards …

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