Merchant Updates Blog

Payments Projects for the New Year

Posted by Danielle Lafontaine on Jan 3, 2018 11:33:17 AM

Now that the holiday rush is over and you’re back at work focused on improving your business and operations we have some ideas to help you save time, money and improve customer retention by upgrading how your customers pay. Giving your payments infrastructure a tune-up is a surefire way to spark a productive and profitable new year.

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Topics: singular payments, ebpp, payments software integration, akimbo card, ACH, hosted payment page, new terminal

2018 Payments Predictions & Trends

Posted by Danielle Lafontaine on Dec 27, 2017 9:28:58 AM

Closing out 2017 and looking forward to a bustling 2018 in the payments and payment facilitator space we’ve seen a lot of movement regarding platform rationalization due to technology consolidation. Every major player is buying pieces of the puzzle to become the complete end-to-end solution. For example, the following major mergers and acquisitions took place recently. In April of 2014, to kick off the M/A frenzy in payments, Vantiv bought Mercury.

 

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Topics: singular payments, like stripe, custom payments integration, payments predictions, payments acquisitions, stripe, payment data systems

Run Rebates and Rewards with Akimbo Card

Posted by Danielle Lafontaine on Dec 20, 2017 7:01:00 AM

If upping your marketing and incentive rewards game in the New Year is on your list then you need to check out the Akimbo Card program. Akimbo is now part of the Singular Payments + Payment Data Systems Family and we’re excited to share it with you!

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Topics: prepaid cards, akimbo card, prepaid mastercard, incentive cards, reward card, rebate card

WE DO IT ALL | FOR REAL

Posted by Nina Pioletti on Dec 6, 2017 11:07:34 AM

Much like all customer-focused companies, we are in the business of continuous improvement and we appreciate all the merchants who have faith in our vision of transparency through the Flat Rate model. But in addition to the in-person and online processing, that all our merchants know and love, we have found that we could have done a better job for you by driving home that we are in fact a full circle payment solutions provider. Not just a credit card processor.

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Topics: flat rate credit card processing, merchant services, flat rate, ACH, same day debits

Scoping Out Your Ideal Payments Integration

Posted by Danielle Lafontaine on Nov 29, 2017 9:29:01 AM

One of the most fun things we get to do with software developers is go through a scope of work call to review all the bells and whistles of our APIs that they want to integrate into their software solution to WOW their merchant users. Through this process, we explore a variety of the goals and objectives of the integration to ensure once we map out the plan everyone is getting what they want. It’s kind of like building your Christmas list for Santa – but better because you make money on this endeavor month after month in recurring revenue share.

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Topics: payments integration, custom payments integration, scope of work, electronic payments

Tips to stop fraud and avoid chargebacks this holiday season

Posted by Danielle Lafontaine on Nov 22, 2017 6:02:00 AM

Chargebacks will suck the cheer right out of your holiday sales this season which is why we’ve compiled a list of tips to avoid them whenever possible. Reportedly 86% of all chargebacks are probable cases of ‘friendly fraud’ or mistakes by the customer, and at the current rate, friendly fraud will cost merchants upwards of $25 billion a year by 2020. Fraud attempts rose 33% in 2016, while successful fraud attacks increased 32%. Merchants lose out on $118 billion in sales due to false positives each year. So read on because this is important stuff!

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Topics: emv fraud liability, holiday merchant tips, avoid chargebacks, holiday fraud, credit card fraud

Payfac Pete’s Integrated Payment Processing Adventure

Posted by Danielle Lafontaine on Nov 15, 2017 10:10:18 AM

Like most busy business owners, dealing with accounting, merchant services and reconciliation is a major pain. Payfac Pete is constantly looking for ways to simplify and improve these processes, so he can get paid quickly and keep his focus on what he loves- his business and his customers.

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Topics: custom rate payment processing, payfac, payment faciliator, integrated payment processing, custom flat rate

Merchant Holiday Prep List

Posted by Danielle Lafontaine on Nov 8, 2017 8:50:17 AM

Prepare to process big sales this holiday season with these simple merchant tips. According to the National Retail Federation, 20-40% of annual sales for small and mid-sized retailers takes place over the last two months of the year. Now is the time to take some simple steps to prepare for the extra credit card processing and customer traffic to make sure you’ll have a great holiday season.

 

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Topics: electronic payment processing, credit card payments, holiday sales, maximize holiday profits, holiday merchant tips

Post Money 2020- Payments Trends and More

Posted by Danielle Lafontaine on Nov 1, 2017 10:33:55 AM

Fresh off the excitement of Money 2020 in Las Vegas last week we are excited to share what we learned and the trends we’re seeing in payments as more than 11,000 payments professionals gathered for 4-days to meet, share insights and collaborate.

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Topics: credit card payments, payfac in a box, automated onboarding, money 2020

Let’s Talk Money 2020

Posted by Danielle Lafontaine on Oct 18, 2017 7:18:00 AM

Money 2020 is the leading fintech and payments event hosting 11,000+ attendees and 4,500+ companies from 85 countries. This big payments event draws 1,700+ CEOs and Presidents and over 400 of the industry’s best and brightest who speak and educate on innovations across a variety of areas including payments, banking, commerce, lending, security, CX, blockchain, inclusion, regulation, entrepreneurship, and globalization. Aside from the trade show floor where we will be exhibiting our Payfac in a Box™ solution alongside our parent company Payment Data Systems and sister company Akimbo Card at booth 735, there are dozens of exciting learning programs and lectures happening throughout the four-day event Oct 22-25, 2017 at The Venetian in Las Vegas, NV.

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Topics: payfac in a box, money 2020, fintech, payments event

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