Payment Options

Visa and Mastercard, the two biggest U.S. credit card networks, are preparing to raise certain fees levied on U.S. merchants for processing transactions starting this April, The Wall Street Journal reported on Friday, citing people familiar with the matter. Some of the changes relate to so-called interchange fees, the report said. Interchange fees are what merchants…

The holiday season is the busiest time of year for retailers, when amidst all the festivities and cheer, consumers are spending big. In 2018, the National Retail Federation forecast consumers would spend an average of $1,007 on decorations, candy, gifts, and more. However, the end of the year is also a critical time for retailers because…

Target will soon accept Apple Pay, Google Pay, Samsung Pay, and other mobile payment options in its stores, the company announced in a blog post Tuesday. The retailer is striving to offer more convenience and faster checkout experiences to customers. Target has offered mobile payment via its Target App since 2017, and the addition of…

2018 was a whirlwind year for retailers across the globe. We saw e-commerce retail disruptors like Amazon.com continue to make headway into physical retail, while several other retailers such as Toys"R"Us shuttered their doors after decades of providing unique products to shoppers. What’s more, in the latter part of 2018, we continued to see retailers…

The adoption of disruptive and innovative technologies will be what sets apart the retailers that thrive from those that fall behind.

While nations across the world have traded purchasing and sharing goods for thousands of years, only recently can they do so instantaneously. It’s a potential game changer for online retailers across the globe. From telecommunications to healthcare, the global marketplace continues to offer more and more innovative ways to bring people together. So why aren’t…

Let’s look at three major trends merchants should be aware of when determining how to approach omnichannel for the holidays.

Consumers who have their sights set on buying premium items will be drawn to more modern payment options as they head to checkout. 

The holidays are nearly upon us, and brands have begun gearing up to knock down prices and pull as many people into their stores during the biggest shopping season of the year. Drawing the biggest crowds could be as simple as offering the lowest prices, but are there better ways to draw everyone in? Marketers…

According to a recent Ipsos study of 10,500 consumers across the U.S., U.K., Germany, Australia, Italy, Spain and Brazil, consumers are much more likely to buy from an online business that offers PayPal. On average, there’s a 54 percent increase in consumer willingness to buy when PayPal is available as a checkout option. When buying in situations where consumers have increased concerns — like on mobile, across borders, from unfamiliar brands and when buying high-priced items — the effect of accepting PayPal is even greater.