The Covid-19 pandemic has taken a fearful toll on payments processing, and on Thursday, in its first earnings call as a publicly held company, Shift4 Payments Inc. proved it’s no exception. Stay-at-home orders and business shutdowns, with tentative reopenings, clipped the company’s full-service, lucrative end-to-end payment volume in the June quarter …

Here it is August, and the world is still reckoning with the impact of the Covid-19 pandemic. Indeed, the world will be at that grim task for many months to come, we fear, until researchers develop, test, and mass-produce an effective vaccine. In the meantime, the business of payments goes …

Given the challenging set of circumstances we are all currently facing, time is of the essence. That is why it is absolutely imperative that payments technology companies equip both Sales Partners and their merchants with the solutions, programs, and support they need to compete right now. At North American Bancard, …

With the Covid-19 pandemic forcing merchants to beef up or add an e-commerce channel to service customers disinclined to enter a physical store, processors that have partnered with or acquired independent software vendors (ISVs) specializing in the online sales channel are well-positioned for growth, according to The Strawhecker Group. Since …

As businesses start to reopen, independent sales organizations and other payment providers are rolling out programs suited to the new reality faced by both proprietors and their customers. The latest example comes from VizyPay, which on Tuesday announced a service it says will help merchants attract old customers and pull …

Before being upended by the Covid-19 pandemic, the payment choices U.S. consumers made were fairly stable. The biggest changes from 2018 to 2019 were an upswing in online bill payments and continued slippage in cash usage, according to new findings from the Federal Reserve Bank of Atlanta. Based on a …

The pandemic accelerated developing trends at the point of sale. POS vendors that have mastered hardware, software, and processing could be best positioned to benefit. When the novel coronavirus struck in March, it drove consumers into their homes, leading to a surge in e-commerce spending. Brick-and-mortar merchants soon learned the …

Yet another unwelcome effect of the Covid-19 pandemic is a wave of chargebacks. What can acquirers, merchants, and issuers do to limit the damage? An increasingly serious manifestation of the economic damage caused by the Covid-19 pandemic is chargebacks, and plenty of them. With the outbreak freezing the economy for …

Konnect Solutions Inc. introduced a mobile-payments service for restaurants that allows customers to pay inside or in drive-throughs by choosing the restaurant’s local WiFi wireless access point to view a menu, place an order, and access the restaurant’s point-of-sale system. They can pay on their phone or use options offered by …

One of the great lessons for merchants coming through the Covid-19 experience is that one sales channel is not enough. As the impact of the shelter-in-place rules and the closing of non-essential businesses rippled through the economy, one payments technology began to grow in importance: integrated payments. And it took …