PCI Compliance – Everything you need to know in 2024
November 29, 2023 Only 43% of American businesses are PCI compliant. Why do millions of merchants pay PCI non-compliance fees and how can you ensure your business remains compliant in 2024? Telecommunications giant Verizon recently released its annual Payment Security Report. In 2023, Verizon estimates that only 43% of American merchants are PCI compliant. This […]
Qoin Gateway: The Future of Payments Technology
Qoin Gateway represents a leap forward in Payment Technology, delivering frictionless transactions and next-generation functionality long sought after by merchants and SaaS platforms alike.
Covid and the Rise of Chargebacks
Accepting credit cards is an essential factor in operating a business that many take for granted. The payment industry often centers around payment processing rates, programs and equipment. But what if a credible, popular and well-established business suddenly has their ability to accept credits cards jeopardized? As chargebacks rose to unprecedented heights when orders could […]
Recent Changes in Digital Consumer Behavior Are Here to Stay
Since COVID-19’s arrival, digital engagement has reached record heights among Americans. Although in-person shopping is slowly rebounding, all available evidence suggests that consumer behavior will never be the same. The most recent data shows these lasting digital trends: 72% of consumers are now more inclined to shop via social media than before the Pandemic.1 68% […]
The Mighty Magnetic Card Stripe May Soon Be Gone
Mastercard recently announced they will completely phase out the magnetic stripe on all cards by 2033. Payment technology has rapidly progressed over the past 60 years with magnetic card stripes evolving into EMV chips. Today, Near Field Contact (NFC) payments is quickly replacing EMV transactions. Historically, it has taken the United States years to adapt […]
One of the Quickest Ways to Recover Your Bottom Line from COVID
It never fails to surprise us that 90% of the merchant statements we analyze have hidden fees and excessive processing mark-ups. Most business owners take great measures to ensure they are not overpaying on inventory and taxes – but few realize that the wrong payment processing option could be just as costly. With so much […]
How to Better Manage Your Cash Flow with Advanced Inventory Tracking
45% of small businesses are unequipped with a proper inventory tracking system, and billions of dollars in revenue are being left on the table. Businesses that have implemented such tracking mechanisms have reported added revenue in the form of less expenses – saving as much as 35% in inventory costs. Every merchant needs to know […]
Business Intelligence: How to Attract New Customers and Learn About Them
Many businesses owners think the only way to increase sales is to find new customers. That’s simply not true. Truth be told, existing customers are more likely to buy from you than new customers that are still not sold on your business. Today you’ll discover how to boost your sales by adding business intelligence to […]