Technology continues to shake up the way we receive payments. Acquirers are making strategic plans and their partners can take advantage if they stay relevant. Listed below are 5 ways to meet the challenges and be prepared for the ways businesses choose payment partners today.
Controlling the payment interface and the entire merchant relationship is different today. Merchants are looking for partners that can help with integrations so it’s important today to have a clean API.
When mobile payments solutions were introduced, it helped inspire a flourish of mobile businesses. Food trucks, pop ups, and outdoor markets began appearing everywhere as the ability to take credit card payments on smart phones and tablets went mainstream.
The mobile swiper freed business owners from previously static locations. But, is the mobile swiper only for them? Absolutely not! Not long after Nordstrom Rack introduced the mobile device to ‘bust the line’ and increase customer satisfaction, mobile processing was quickly adopted by other major retailers.
Either you went to SXSW 2015 and are still recovering from the frantic pace, trying to remember the face that goes with each business card you collected; or, you didn’t go and you’re reading all the hype about it and wishing you had. Well, you should have. Epic doesn’t even begin to describe all that is SXSW, and the PayHub crew was out in full force at this amazing event.