RTP blog

DECEMBER 30, 2019

market for payment systems is complex. We have over 21 million businesses, and every one of them needs some form of a payment processing solution. Payment processing is complex. However, payment technology is perhaps the best it’s ever been. Better Payment Security Credit card fraud is on the decline.

Payment Services 195

Payment Services Merchant Services Cryptocurrencies Mobile Payments 195

Retail TouchPoints

JULY 5, 2023

As the online payments industry continues to evolve, new digital wallet solutions, such as mobile payment apps and e-wallet platforms, are becoming increasingly popular and reshaping the way consumers transact. 4 Pros of Digital Wallets Some of the advantages of digital wallet payment options include: 1.

Merchant Services 279

Merchant Services Payment Services Payments Retail 279

Retail TouchPoints

APRIL 17, 2024

URBN , parent company of Urban Outfitters , Anthropologie , Free People and FP Movement , will adopt Stripe as its primary payments infrastructure for both online and in-store sales, consolidating the majority of its North American payments volume onto the solution provider.

Payment Services 264

Payment Services Merchant Services Banking Customer 264

GetElastic

JUNE 5, 2019

With the increase of consumer online shopping and less cash payments, the importance for businesses to choose the right payment processing solution cannot be overemphasized. and MasterCard to come together and form the Payment Card Industry Security Standards Council ( PCI SSC ). What is the PCI DSS?

Merchant Services 143

Merchant Services Payment Services eCommerce POS 143

Retail TouchPoints

SEPTEMBER 6, 2023

So-called “negative option” services are a controversial yet time-tested method of doing business. Under this model, a customer signs up for a subscription service, typically as part of a free trial offer. The customer is then charged on an ongoing basis unless they explicitly cancel the service in question.

Merchant Services 284

Merchant Services Payment Services Subscription Consumer 284

Ecommerce Platforms

JUNE 1, 2023

Shopify Payments vs Stripe: Which solution should you really be using for your ecommerce store? Both Shopify Payments and Stripe offer very similar services to business owners. Both allow you to accept and process payments online, ensuring your ecommerce company can make a profit. What is Shopify Payments?

Payment Services 104

Payment Services Payments Merchant Services Shopify 104

Retail TouchPoints

NOVEMBER 1, 2023

Experts report that chargebacks will cost merchants over $100 billion in 2023, and false claims and abuse of the chargeback process are a growing threat to merchants. The hidden expenses of wasted time, expensive fees, penalties or additional losses of goods and services add up. Internet payments mean more purchases.

Merchant Services 298

Merchant Services Payment Services Payments eCommerce 298

Ecommerce Platforms

JANUARY 22, 2023

Accepting a payment online is easier than ever before. Whether you’re a retail shop with a simple website, or a startup ecommerce store interested in accepting online transactions, there’s always room to expand your business with help from online payment processing. How Do You Accept Payments Online?

Payment Services 104

Payment Services Merchant Services Payments ACH 104

Ecommerce Platforms

DECEMBER 27, 2019

Whether you’re searching for an offline card reader, a way to take credit card payments online , or a POS app, you’ve probably come across both PayPal and Square in the past. Both Square and PayPal are incredibly popular tools for merchants and business owners. Square vs PayPal: Fees and Processing Rates. Square Fees.

Merchant Services 152

Merchant Services Payment Services PayPal Payments 152

GetElastic

OCTOBER 27, 2021

If you’re launching any sort of business you’ve thought about payment processing. With so many choices in the marketplace, the selection process can be a daunting one depending on what works best for your business. How many types of payment are accepted? Are you adopting a more modern platform or are they legacy?

Payment Services 148

Payment Services Payments Merchant Services PayPal 148

Retail TouchPoints

SEPTEMBER 12, 2023

TikTok Shop will now bring shoppable videos and livestreams directly to For You feeds across the country, and give brands, merchants and creators the tools to sell directly through shoppable content on the TikTok app.” Digital Service (USDS). reads the company announcement. The company also reiterated that all TikTok-protected U.S.

Merchant Services 278

Merchant Services Payment Services Multi-channel Shopify 278

Ecommerce Platforms

OCTOBER 25, 2019

Looking for a simple solution for building a payment processing platform? These days, the digital world, combined with mobile point of sale systems, easy eCommerce management options and a range of other tools means that it's easier than ever to launch your own business online. Aren't we all?

Merchant Services 80

Merchant Services Payment Services Payments POS 80

Korona

FEBRUARY 4, 2023

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.

Payment Services 52

Payment Services Payments Merchant Services POS 52

Teamwork Retail

JUNE 24, 2020

With EMV or “Chip cards” processing times take on average 17-25 seconds, with poorly configured terminals taking up to 70 seconds. The lengthy processing times of EMV are longer than magstripe, on the surface this “innovation” feels like a step backwards. Increased Security. The solution: contactless EMV. .

Payment Services 48

Payment Services Merchant Services Payments Point of Sale 48

Korona

MAY 30, 2022

If you’re on the hunt for a point of sale provider, chances are you have heard terms like payment gateway, merchant account providers, merchant acquirer, merchant services, and many more. What does “merchant services” mean? What a merchant services provider does?

Merchant Services 52

Merchant Services Payment Services POS Payments 52

Kissmetrics

NOVEMBER 1, 2021

Should you accept Bitcoin and other crypto payments on your website? Whether you choose to accept Bitcoin payments on your site is ultimately up to you, but if you choose to do so, it’s important you get the right setup. choosing to accept crypto payments on your website can be a worrying decision.

Payment Services 209

Payment Services Payments Merchant Services Cryptocurrencies 209

Ecommerce Platforms

JANUARY 27, 2021

If you decide that WooCommerce is your best bet (for its excellent functionality and superior content creation tools,) you'll want to look for the best payment gateway for WooCommerce. It's no easy task, considering there are hundreds, if not thousands, of payment gateways to choose from. Best Payment Gateways for WooCommerce.

Payment Services 104

Payment Services Merchant Services WooCommerce Payments 104

RetailMinded

OCTOBER 21, 2020

Small business owners often have to deal with payment processing. That’s where platforms like Square and PayPal support merchants to have streamlined payments delivered to them from their customers. . On the contrary, PayPal became a popular platform for payments using the online mode. What Is Square?

PayPal 72

PayPal Merchant Services Payment Services POS 72

Korona

SEPTEMBER 30, 2021

Too often we speak with small business owners who underestimate the importance of finding the best credit card processing agreement. Fractions of a percent might not seem like much on a contract you sign with a merchant service provider, but those pennies add up. On average, businesses pay a processing fee of 1.5%

Payment Services 98

Payment Services Merchant Services Payments Small Business Retail 98

RetailMinded

SEPTEMBER 21, 2021

Did you know that point of sale systems date back to 1879 when the first one was invented by American shopkeeper James Ritty. This, as Kamara explains, is a key component to how the pandemic has changed retail and he describes it as “self-service commerce”. Using mobile, for example, became increasingly popular.

Point of Sale 98

Point of Sale POS Merchant Services Payment Services 98

Korona

NOVEMBER 22, 2021

A merchant acquirer, also known as acquiring bank (or simply an acquirer), is a banking institution that processes credit or debit cards on behalf of a merchant or business. On the other hand, the merchant is the seller. It’s the person or company that offers goods or services and gets paid by customers in return.

Merchant Services 52

Merchant Services Payment Services Payments POS 52

FastSpring

JANUARY 9, 2023

Most Stripe alternatives fall into one of two categories: (1) payment processors, or (2) a billing solution that covers payment processing and other aspects of billing such as fraud detection, checkout, and more. A MoR also takes the lead on chargebacks, tax audits, legal compliance, and more. Table of Contents.

Payment Services 116

Payment Services Merchant Services Payments PayPal 116

BigCommerce

DECEMBER 19, 2017

ecommerce platform providers) commissioned by Discover® Global Network, mid-sized merchants with annual revenues of $250 million to $1 billion are seen as the most high-risk targets for fraud over the next 12-24 months. This risk for mid-sized merchants could be caused by two factors. New Payment Methods, New Fraudulent Activity.

Merchant Services 337

Merchant Services Presentation Payments Payment Services 337

Ecommerce Platforms

APRIL 29, 2022

With both Clover and Shopify, you can sell products online and offline, manage payments from a multitude of different sources, track your inventory and so much more. Shopify POS and Clover POS are very similar in a lot of ways, but they do have some distinct differences worth noting if you’re just getting started as a growing merchant.

POS 209

POS Shopify Merchant Services Payment Services 209

Retail TouchPoints

SEPTEMBER 8, 2021

Retail technology is continually evolving in order to boost efficiency and save money for merchants. Deep learning, data analytics, AI and security technologies all are used to fuel this extremely convenient approach. . Security Cameras Make it Happen . Security cameras and AI. The Growth of Self-Checkout .

Merchant Services 245

Merchant Services Technology Retail Mobile 245

Retail TouchPoints

NOVEMBER 4, 2020

Further, making purchases online has become even easier with the emergence of point-of-sale (POS) lending, which allows consumers to split the cost of purchases into regular installments — even for a purchase as small as a $75 sweater. Because of this ease, merchants have begun relying on POS financing to drive sales growth.

Merchant Services 317

Merchant Services Payment Services Payments POS 317

Ecommerce Platforms

OCTOBER 12, 2022

It’s secure, affordable, and an all-in-one ecommerce store builder that’s suitable for beginners and advanced users alike. So, what’s the point of learning about the Shopify pros and cons? The whole idea behind Shopify is for merchants to have all the tools they need to launch an ecommerce website for selling products.

Payment Services 211

Payment Services Shopify Merchant Services Payments 211

GetElastic

DECEMBER 18, 2020

As Gartner aims to prepare application leaders for the accelerated shift towards digital, they predict that, “ By 2024, leading commerce organizations will generate 10% of online revenue from services attached to physical products.”. Payment services. 56% of millennials rate convenience highly when shopping online.

Merchant Services 148

Merchant Services Payment Services Payments Subscription 148

FastSpring

SEPTEMBER 13, 2018

It doesn’t matter if you’re an established digital business or an up-and-coming online store looking to sell software, digital downloads, or digital content, a key part of selling online is making sure you’re familiar with how online payment processing works. So, what is a payment gateway anyway? How are card payments validated?

Payment Services 63

Payment Services Merchant Services Payments Banking 63

Ecommerce Platforms

OCTOBER 29, 2018

This Worldpay review evaluates the entire Worldpay payment ecosystem- it discusses its features, functionalities, pricing and possible drawbacks. Not so long ago, cards were at the center of digital payments. Now, let’s shift to mobile payments. It was the first payment service provider in this space.

Payment Services 91

Payment Services Merchant Services Payments POS 91

Ecommerce Platforms

MAY 31, 2019

If we are to hunt for the most elite ecommerce payment solution in the market, we ought to scrutinize a couple of attributes. Admittedly, any customer is always on the run for a secure checkout payment tool. And my point is? I need to work with a payment software which connects my clients to diverse facilities.

Merchant Services 138

Merchant Services Payment Services Payments eCommerce 138

Ecommerce Platforms

DECEMBER 9, 2019

However, you won’t be able to pluck success from the ecommerce world until you’ve got one more thing right: your payment gateway. The payment gateway on your ecommerce site is how you accept and process payments from your customers when they visit you online. Stripe vs PayPal: Features and Services.

Payment Services 138

Payment Services Merchant Services Payments PayPal 138

Korona

SEPTEMBER 15, 2022

Providing your shoppers with the option of Google Pay is a convenient way to increase sales and improve the customer experience. Not only do millions of people around the world use Google Pay, but it’s also a contactless payment method that has surged in popularity over the past few years. million customers between 2020 and 2025.

Merchant Services 52

Merchant Services Payment Services POS Banking 52

Retail TouchPoints

AUGUST 15, 2023

In 2017, Polywood had a great product sustainability story (its outdoor furniture is made from 100% recycled plastic and comes with a 20-year guarantee) and a solid launching pad for direct-to-consumer sales (a 27 -year history of selling through big box, home improvement and specialty patio stores). It was an involved, intense process.

Merchant Services 237

Merchant Services Payment Services Customer Experience Payments 237

Ecommerce Platforms

MAY 3, 2019

As a merchant, this is the question which ultimately comes up. Credit card payments from customers are actually, an inevitable encounter. Think of it as a bold step to enhance a secure checkout for your business. It is a cloud-backed platform which lets me process credit card payments. But don't worry, be happy.

Point of Sale 80

Point of Sale Merchant Services Payment Services Shipping Costs 80

Korona

MARCH 3, 2022

At the same time, this growth in online sales and other transactions has led to an uptick in e-commerce fraud. Last year, eCommerce losses stemming from online payment fraud hit a record high of approximately $20 billion globally, increasing more than 14% from the $17.5 eCommerce fraud is also sometimes referred to as payment fraud.

Merchant Services 52

Merchant Services Payment Services Payments eCommerce 52

Ecommerce Platforms

NOVEMBER 12, 2020

Rather than having to carry your wallet, credit card, and debit card wherever you go, you can use your google pay app as your payment method. This gives modern merchants more flexibility when it comes to offering customers the payment options they want most. In-store and in-app online payments. What is Google Pay?

Merchant Services 104

Merchant Services Payment Services Banking PayPal 104