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3 Advantages of Using a Check Reader
Although contactless payment technology is gaining traction with each passing day, checks are still used in many industries as a popular payment mechanism. If many
Original Credit Transaction (OCT): All You Need to Know
In today’s digital age, customers expect quick, real time payments. It’s the same story when it comes to refunds, disbursements and payouts. However, with credit
Contactless Technology: 3 Things You Should Know
Contactless technology is nothing new. It’s been with us for over two decades now, and countless businesses and institutions around the world use it today
Tips on Boosting Your Payment Acceptance Rate
It’s safe to say that the integration of the internet and smartphones has irrevocably transformed consumer behavior and raised the level of expectations. The modern
A Quick Look into Some of the Features of EMV Chip Technology
Credit card fraud is one of the most common forms of financial crimes reported on a global scale. Back in 2018, nearly $24.26 billion was
The Top Payment Processing Trends in the Hospitality Industry
Digital payments are causing massive shifts in payment processing throughout the hospitality industry. Consumers are increasing pressure on service providers to offer more digital payment
Contactless Payments: A Look at the Benefits
Contactless payment systems are one of the more recent developments in the digital payments industry. Making use of Near-Field-Communication systems that you find in all
How to Improve the Retail Checkout and Payment Experience for Customers
Efficiency, safety, and convenience—these are three fundamental determinants of your customer’s satisfaction with the checkout process. Traditionally, experts suggested that you train your workforce so
Moving with the Times—Why Banks are Incorporating EMV Chips in Credit and Debit Cards
Financial fraud is a growing concern in the modern commercial market. One of the most common targets of financial fraud is theft through credit and
Cashier-less Checkout: Can It Improve The Customer’s Shopping Experience?
It may seem a little harsh to say this—but human processes are always slower than automated ones and a program always does a better job
How To Prevent Contactless Payment Frauds
Evolution of the payment systems from cash registers to e-wallets has made payment methods considerable easier. In the wake of rising digital mode of payments,
Is the Time of the Credit Card Over? A Deep Dive Into Contactless Unattended Payment Systems
If we were to develop a timeline of the evolution of money, it would go something like this: Precious metals—people used precious metal coins as