Merchants are looking for ways around the issues created by the Covid-19 pandemic, and this has been especially true for restaurants. That’s creating a wide range of opportunities for merchant-service firms. On Wednesday, Square Inc. said it has added DoorDash to Square Online as a delivery option for eateries and …
Read More »Search Results for: covid
Payments 3.0: Covid-19 And the New American Wallet
We are all living digitally infused lives as a result of the pandemic, and as the promise of a vaccine suggests that this may end in the coming year, the question is: will the changes stick? One area of keen interest to retailers and the payments industry is mobile payments, …
Read More »Covid and Online Fraud; Applause for Halting the Visa/Plaid Deal, Part 2; Shopify’s Black Friday Volume up 75%
How Criminals Are Leveraging Covid to Get Personal Data From Consumers
With consumers shifting more of their transactions online due to the Covid-19 pandemic, criminals continue to target card-not-present transactions and step up their efforts to deceive consumers into giving up their account information, says Feedzai Inc.’s latest quarterly Financial Crime Report. The three leading factors contributing to the increase in …
Read More »COMMENTARY: Three Things C-Stores Must Do Now to Contend With Covid-19
The pandemic has forced the world—individuals and businesses alike—to reassess their approaches toward life and reevaluate daily processes. The same goes for convenience stores with a particular focus on solution-driven innovation and adaptation. They must evolve their businesses with modern technologies, such as contactless payment processing, pre-store visit staging, and …
Read More »Gateways’ E-Commerce Adaptations Amid Covid-19; XTM’s Bold Credit Card Step; Plus Weekly Recap
Gateways Adapt to E-Commerce As They Contend With Covid-19’s Impact
The Strawhecker Group’s most recent analysis of 100 payment gateways found that half of them charge a monthly fee, down from 74% in 2019. That is potentially because of the impact of the Covid-19 pandemic, the report says. Other findings show that 52% of all gateways focus on retail, followed …
Read More »Rapyd Takes on Fraud; A Covid Surge Could Spur More E-Commerce; Small Business Transaction Update
Eye on Digital Payments: How Covid Is Impacting Business Payments; Contactless Guidance Emerges
The Covid-19 pandemic, which is surging again in many parts of North America, has proven to be a tipping point for digital business payments, says a white paper released Monday from WEX Inc., a provider of payment technology for fleet operators and travel and health-care businesses. Of the 308 senior …
Read More »Small Sellers See Higher Tickets And Fewer Transactions, But Is Covid’s Surge the Culprit?
October ended on a whimper for small-business payment volumes, but whether that’s because of a new surge in Covid-19 or due to seasonality is hard to tell, experts say. CardFlight Inc., which supplies point-of-sale technology for small businesses and has been tracking their sales since the Covid-19 pandemic set in …
Read More »