6 Benefits of Having a Merchant Account

In today’s digital world, it is hard to believe that a big part of the small businesses still does not accept credit cards. Cash may be the most commonly accepted form of payment for small business owners, but the benefits of accepting credit card transactions outweigh the cons. If you are thinking about starting a business or expanding your current payment options, accepting credit cards is an excellent way to…

Digital Wallet: Why It Matters?

We will soon be forgetting the famous faces on the banknote bills. Get up to speed up the future: The Digital Wallet What is a digital wallet? It is an account we set up with a service provider that digitally mimics our physical wallet. Apart from money, it could contain information associated with our credit cards, bank accounts and loyalty cards. Some digital wallet services for example also let us…

Future of Financial Services Delivery and Role of FinTech Start-ups

Customer demand is shaping the future of financial services delivery and fundamentally changing traditional business models. The battle for the customer is now top of every organizations agenda. Today’s customers expect timely and tailored products and services and the competition across financial services delivery is fierce. To meet this expectation, new ways of engaging with customers are erupting onto the street from start-up firms and big technology businesses. New approaches like…

Key Drivers in Cross Border E-Commerce

„Physical retail will still exist, but it will need a good reason to exist” – Dunkin’ Brands Online moves into the real world The Cross-Border E-Commerce The Internet allows consumers to shop online globally, purchasing products and services that may be unavailable or prohibitively expensive in their home countries from websites in other countries and from marketplaces that host multinational merchants. This phenomenon, known as cross-border e-commerce or international e-commerce,…

Does Next Generation Virtual Payments Platforms Will Transform Card Payments?

Today, consumers are experiencing an explosion of choice when it comes to how they shop, pay, interact and conduct commerce. Every day, new financial and commerce solutions are introduced with a promise to simplify and improve customers’ lives, and change how fundamental aspects of banking, retail commerce and commercial transactions take place. We already know that people are using less physical cash and that this trend is only going to…