In events not seen since the Great Depression, the U.S. economy suffered a massive shock due to the Covid-19 pandemic. A record number of businesses shut their doors both temporarily and for good. Now, as we enter the post-pandemic age, many businesses have reopened and are beginning to thrive, yet…
Cryptocurrency is quickly becoming a popular consumer payment method. Retailers around the world are beginning to adopt this digital currency at a rapid pace, and its impact could no longer be ignored. Merchants and consumers would do well to learn as much as they can about cryptocurrency as it presents…
As e-Commerce continues to burst at the seams with growth and profit, it is only reasonable that high-risk merchants would want a piece of that lucrative pie. Traditional payment processors do not want to engage in any type of business where great risk is involved, and therefore, do not accept…
The pandemic made a significant impact the world over, affecting how most people lived and how they worked. More people took advantage of contactless online and mobile wallets to make their payments. According to the UK Payment Market Summary 2021, more than 52% of payments were made by cards in…
COVID-19 was responsible for massive shifts in our society and economy. It has especially increased consumer reliance on subscription-based services for goods, food, and entertainment. Why the surge in interest? Customers have the flexibility to try out new products and services without commitment. Companies benefit from this popular business model…
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…
eCommerce merchants running a Facebook or Instagram shop can integrate with Shopify and offer Shop Pay to their customers on the internet. This way, the conversion rate is estimated to increase by 1.72x. This article is about Shop Pay and its benefits, as well as an innovator in payments that…
In spite of efforts to legalize cannabis at the national level, “state-legal” cannabis businesses are still struggling to obtain regular access to banking services. The root cause for this hindrance is the current federal status of cannabis. It is still labeled as a Schedule I substance under the Controlled Substances…
According to Oberlo, in 2021 alone, there were 900 million more online buyers than in the year 2020. This was a 4.4 “year-over-year” increase. As of 2021, the total number of online shoppers globally is estimated at 2.14 billion. This makes up just over a quarter of the world’s population. …
Any business in existence wants to ensure that they continue to grow and remain profitable. However, simply hoping for this outcome is not going to make this a reality. The key to accelerated growth requires continuous innovation in both business and technology. If there are any limitations found within current…