As part of doing business online, merchants have found themselves facing an ever-growing adversary…the chargeback. Launched more than forty years ago as a consumer-protection mechanism when credit cards were still in their infancy, these “forced payment reversals” have become a thorn on merchants’ sides. Not to mention a looming threat…
Fintech is revolutionizing the financial sector at a rapid rate. As described in a Forbes article, Fintech can be found at the intersection of finances and technology, as it seeks to “improve and automate the delivery and use of financial services”. Some of Fintech’s latest innovations include mobile banking applications…
A report produced by PwC Global titled, “Emerging Markets: Driving The Payments Transformation” details how consumers’ needs are driving the revolution in payments within emerging markets. According to the study, 85% of the global population live in countries known as emerging markets. Representing one-third of the world’s population, China and…
Fintechs were seen as a disruption threatening to replace banks a decade ago when they emerged. But it didn’t take long for the counterparts to realize that both sides could benefit from working together. According to a 2017 research by EY dabbed Unleashing the Potential of Fintech in Banking, teaming up,…
Lots of businesses worldwide have already chosen Bitcoin (BTC) as a payment method. It really opens up new doors for merchants. This article will tell you about a Bitcoin payment gateway and its integration so that businesses can keep up with the times. Cryptocurrency Payments Such gateway enables merchants to…
The most recent Online Payment Gateway Market Report assesses Coronavirus’s effect on the industry, including looming opportunities and setbacks, driving factors, risks, and industry growth forecast, depending on different scenarios. The report answers questions like; What will the industry growth rate of the online payment gateway market be by 2026? Which primary factors…
Blockchain and cryptocurrency have been receiving notable press for the past few years and for good reason. It is the ground-breaking payment method that is instant, secure, and anonymous. What’s not to like? If you are looking to reach an ever growing new market of consumers, look no further than…
Today’s modern pace of life has driven more customers to make their purchases online. Even now, with the current pandemic, cautious customers concerned for their health and safety have also taken to online shopping, many for the first time. Due to the pandemic and subsequent closures of brick and mortar…
If you are considering launching an e-Commerce business, know that you are entering a highly lucrative market. So lucrative that in 2019, e-Commerce sales were expected to hit $3.45 trillion worldwide. Online retail has its perks. Customers are drawn to the convenience and the sheer number of products available that…
A Customer Relationship Management system or CRM is a technology that is used to take care of all your business’s interactions with customers as well as potential customers. It helps companies maintain a connection with its customers, all the while simplifying processes, and enhancing profitability. The ultimate goal of the…