Online retail has never been more critical for small businesses than during this pandemic. That is why Square and Google have teamed up to reveal a new integration with the Google Merchant Center. Its aim is to support Square’s 1.7 million merchants in the search for new customers via Google’s…
Fintech companies are known for bridging the gap between finance and digitization by “disrupting” a very conventional industry with innovative technology. Yet, the question that is commonly asked is why can’t it funnel its disruptive energy in addressing gender imbalances in the workplace? Although there are many women paving the…
The auto industry is shifting from using gas and diesel-fueled cars to electric vehicles or (EV). As part of his infrastructure plan, President Biden has announced that he will be building 500,00 electric vehicle charging stations and is petitioning for billions of dollars to upgrade the electric grid. Americans have…
According to Grand View Research, the global payment gateway market size was estimated at $18.21 billion back in 2020. It has a compound annual growth rate or (CAGR) of 21.7% for 2021 to 2028. Advances in mobile payment technology and the growing use of mobile wallets are two key factors…
On November 17, 2020, Shopify announced its partnership with Alipay, Asia’s most popular digital wallet platform. This collaboration takes cross-border commerce for Shopify’s merchants to the next level. Previously, Shopify merchants offered Alipay as a payment method, but through third-party providers. But now through their gateway, Shopify merchants will be…
A payment gateway is a critical tool that facilitates the ability for a merchant to process credit card payments for their e-Commerce business. It securely captures sensitive credit card data from the customer and where it is then transferred to the acquirer or merchant account. This can result in an…
With the surge in online transactions worldwide, customers are becoming more particular in how they participate within the payment ecosystem. Specifically, they are demanding two qualities that are absolutely non-negotiable: security and convenience. EMV Specifications are answering the call, addressing the issues by filling in the security gaps. What Are…
The COVID-19 outbreak has delivered many valuable lessons to the banking industry. The most critical was that current digital platforms must be carefully scrutinized against consumer demand. Specifically, if a customer needs to perform a certain function and they are unable to because the platform is unable to fulfill that…
As a leading cloud-based website builder, Wix offers its services to more than 200 million users worldwide. It offers an intuitive drag and drop site builder in order to build small websites. They offer a free plan in order to test different templates and a premium plan to use a…
The first half of 2021 has demonstrated an overall decline in the number of breaches. However, “breach severity” and the number of breaches which disclose a substantial amount of data continues to be a “troublesome trend”. According to RiskBased Security’s 2021 Data Breach QuickView/ Mid Year Report, 353 “reported data…