Consumer shopping habits are fluid and have been shifting year after year, depending on various environmental and generational factors. Financial turbulence has resulted in many brick and mortar storefronts being closed, in exchange for eCommerce business models...
Payment Solutions
The Power of Infor Cloudsuite to Improve Business and Payment Performance
Infor’s CloudSuite is a vertically-focused collection of enterprise resource planning (ERP) applications. It enables a business to link its data together to be more efficient across financials, supply chains, HR, and product lifecycles. CloudSuite’s value comes from...
What Merchants Need to Know About Payment Gateways and the Mobile Movement
The mobile movement was upon us so rapidly that ecommerce merchants have struggled to keep up. But to stay competitive, they must. Consumers are increasingly using mobile devices to browse and transact, and they expect a seamless shopping and checkout experience while...
Canadian Consumers May Have to Pay Additional Credit Card Transaction Fees, But Will They?
A cashless Canada is looking even more elusive now that a change in Canadian law allows merchants to add credit card processing fees to customer transactions. With the prospect of a 2 to 3 percent surcharge on credit card transactions, the fallout among consumers...
Cartis and Infor: The smarter way to deliver payments for stronger business performance
Modern businesses thrive on three things; data, insights, and automation. Startups obsess over them, enterprises spend years trying to get them all working together, and business leaders rely on them to plan and strategize. Sales are the growth engine for most...
News Flash: Merchants Using Authorize.net as Their Gateway Provider Have Until October 2022 to Find New Processor for 3D Secure 2.0 Protection
Visa and Mastercard have announced that all support for their cardholder authentication programs 3DS 1.0 must be upgraded to the newer Version 2.0 by October 2022. At the same time, the payment gateway Authorize.net has announced that it will no longer support...
Why Buy-Now-Pay-Later Is a Boon and a Bust In the Fight Against Chargebacks
Despite rising inflation, consumers are charging ahead with their spending. With online lenders eager to offer personal loans and buy-now-pay-later (BNPL) schemes now a mainstay of eCommerce transactions, shopping has never been easier. Consumer spending fuels the...
9 Best Practices for Chargeback Management
You might think that fraud prevention tools will take care of chargeback fees, and they may to a certain extent. But they are only a component of a proactive chargeback management strategy. Chargebacks are taking an ever-increasing bite out of merchants’ bottom lines...
From Chatbots to Chargebacks: Recent Developments in Payments’ Innovations
Now that we have emerged from the dark recesses of the pandemic, commerce has changed yet again. Post-pandemic, consumers are unwilling to relinquish the comfort and convenience of digital shopping that they grew to love while on lockdown. However, at the same time,...
Boost Sales with Multi-Currency Conversion (MCC)
Does your business make cross-border sales? If the answer is “No,” is it because you think you can’t afford to open a brick-and-mortar store in another country? Or is it because you don’t want to deal with all the hassles that come with converting your prices into...