article thumbnail

Exclusive Q&A: Venmo GM on the Company’s ‘Natural Extensions’ into Business Payments

Retail TouchPoints

That inherent distaste for the transaction phase is one reason payment companies are so eager to expand into other parts of the shopper journey. Embedded finance has become big business: McKinsey estimated that the sector reached $20 billion in revenue in the U.S. Denise Leonhard, VP and GM, Venmo.

Payments 318
article thumbnail

What Is a Third-Party Payment Processor? The Ultimate Guide

Korona

One of the numerous challenges facing small and medium-sized businesses (SMBs) lies in processing cashless payments such as credit cards. Despite it being an afterthought for many businesses, processing payments is a major decision. However, the use of payment processors is not without cost.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Braintree Payments Reviews (Nov 2020) – Everything You Need to Know

Ecommerce Platforms

Here we look briefly at Chicago-based Braintree Payments, highlighting some of the features a merchant might consider when picking a payment processor. Today, Braintree is one of the biggest payment solutions in the landscape, offering an excellent selection of tools for business owners to explore.

article thumbnail

Striking the Balance Between Fraud Prevention and Seamless Customer Experiences

Retail TouchPoints

Today, nearly two-thirds of adult consumers globally use digital payments, and by 2027, digital revenue is predicted to exceed $14.9 But this growth also has made retailers’ digital payment processes a target for credit card fraud, online payment fraud, identity theft and account takeovers.

article thumbnail

Dwolla Review 2019: ACH Payments Made Easy

Ecommerce Platforms

If so, you'll need to find and use a top-notch payment platform. This solution helps to simplify automated clearing house payments (ACH) and white label bank transfers for businesses. It’s especially handy for companies who want to use bank transfers as a cheaper, easier way to make payments. Facilitate payments.

ACH 134
article thumbnail

Trends Analysis: Should eCommerce Brands Get Serious About Crypto Payments?

ESW

What about payments, though? While brands and retailers can accept crypto payments today, that doesn’t mean it’s viable. Volatility is a significant roadblock preventing cryptocurrency from becoming a practical payment method, writes the team at Blockpit.io. Few people are going to use it as a payment method, anyway.

article thumbnail

Alternative Payments Review: Catering to Customers Who Don’t Like Credit Cards

Ecommerce Platforms

Some commons problems often arise when ecommerce professionals look for payment processing: There are too many fees. Payment processing may not be offered in your country or region. Credit cards are the only payment option. Sometimes you can't process recurring billing or subscriptions. Fraud is high.