Payments | Credit Card Topics

Initiative Q Aims to Simplify Payment Solutions, Lower Transaction Costs, and Improve Ease of Use by Applying Modern Technology and Eliminating Legacy Issues

By: Adam West, 8/15/2019

In a Nutshell: Credit cards have been a standard payment method for more than 60 years, but Initiative Q aims to usher in a new era of digital transactions. Its planned platform, which will rely on a groundswell of popular demand, seeks to save consumers time and money by eliminating the legacy infrastructure required to process credit card payments. The secure, cutting-edge network aims to protect users as an independent committee will ensure its proprietary digital currency — the Q... read more »

Gravity Payments: Purpose and People Above Profit for a Transparent Experience Focused on Community Business and Client Needs

By: Matt Walker, 2/20/2019

In a Nutshell: Gravity Payments is not your average credit card payments processor. Since its Founder and CEO Dan Price started the company at the age of 19, Gravity has been about giving clients a seamless payment solution without the headaches and fees of other processors. Gravity works closely with clients and identifies needs to get them up and running so the companies can stay focused on the day-to-day of running their own businesses. Price’s honest approach and strong sense of... read more »

Pantheon: Why E-Commerce Platforms Choose This Turnkey Solution for Boosting Conversions, Scalability, and Uptime Without Traditional Server Worries

By: Matt Walker, 1/14/2019

In a Nutshell: With so many options available, companies may have a difficult time determining where to turn for their web hosting needs. While some catch-all web hosting services provide the basics, services like Pantheon set companies up for success with a speedy and highly scalable infrastructure. Pantheon emphasizes security and maximum uptime and works to understand the unique needs of its clients, which allows companies to focus on sales and not worry about technical issues. And,... read more »

Omnyway Leverages Chinese Payment Technology to Help American Retailers Easily Accept Mobile Payments

By: Ashley Dull, 11/29/2018

In a Nutshell: When it comes to building an interoperable ecosystem for mobile payments, the US lags far behind China. Last year, more than 1 billion Chinese consumers transacted more than $3 trillion using nothing but their phones and QR codes. The straightforward process leverages China's simpler fee structure, saving businesses money and allowing them to offer consumers more compelling incentives to use their phones at checkout. Meanwhile, US consumers seem content using older POS... read more »

The World Payments Report 2018 from Capgemini and BNP Paribas Evaluates the New Payments Ecosystem as Non-Cash Transactions Increase and Banks Learn to Adapt

By: Matt Walker, 11/28/2018

In a Nutshell: Each year, the World Payments Report from Capgemini and BNP Paribas evaluates the current state of the payments ecosystem, identifying notable trends, and offering industry advice based on its findings. The latest report revealed that the rate of non-cash transactions is increasing rapidly and will continue to increase into the next decade. Banks must learn how to be an anchor in the industry by offering the most up-to-date products and services, and leverage the latest... read more »

Modo Helps Financial Institutions Connect the Dots Between Payments Systems to Send and Receive Money More Efficiently

By: Matt Walker, 11/20/2018

In a Nutshell: Payments systems have evolved rapidly in the digital age, and banks and other financial services companies have had to utilize multiple legacy systems from various companies to keep up with demand and preference. Modo helps companies with technology that allows for interoperability between multiple payments systems. The company currently focuses on, pay-outs, pay-ins, and checkouts for financial services institutions. It maintains high security standards through its... read more »

A Recent Javelin Strategy Report Reveals Mobile Wallet Adoption Has Been Slower Than Expected, but Closed Merchant Ecosystems Have an Advantage

By: Adam West, 11/9/2018

In a Nutshell: Analysts have predicted that each new digital wallet release or update from tech giants like Google, Samsung, and Apple would usher in “the year of the mobile wallet.” But, as a recent Javelin Research & Consulting report shows, consumers have been slow to use mobile payment apps. Drawing from a proprietary survey of 3,000 consumers across the U.S., the Javelin study suggests several reasons for the delay in digital wallet adoption, including consumer distrust... read more »

Fattmerchant’s Subscription-Based Model Modernizes Payment Processing, Boosts Transparency, and Saves Businesses Money

By: Matt Walker, 11/8/2018

In a Nutshell: With its innovative subscription-based model, Fattmerchant is helping bring the world of credit card payment processing into the modern era. The company makes payment processing simpler and more transparent so merchants can process payments however they'd like and then manage those payments, customer data, analytics, and more, frome one, easy-to-use platform. With its disruptive subscription business model, a strong focus on technology, and emphasis on top-quality... read more »

With Its Turnkey Service for Zelle, Fiserv Fosters Ubiquity in Real-Time P2P Solutions for Financial Institutions

By: Matt Walker, 10/18/2018

In a Nutshell: It wasn’t that long ago that sending or receiving money from friends and family was a time-consuming affair, requiring sending checks in the mail or meeting up in person. A number of online money transfer solutions have emerged over the years providing varying levels of convenience, security, cost, and speed. Now, Zelle has risen to prominence as the financial industry’s go-to P2P service because it offers a branded and secure customer experience in real time.... read more »

Process Payments Anywhere: TSYS earns our Editor’s Choice Award™ for Its WebPASS Virtual Terminal Solution

By: Matt Walker, 10/1/2018

In a Nutshell: Credit card payments have come a long way since the early days when card imprinters etched card numbers onto carbon paper to today’s swipe-and-go methods. Getting to this point has taken a lot of hard work to advance technology and find solutions that work well for both businesses and consumers. With its WebPASS virtual terminal, TSYS provides a convenient product that makes accepting multiple types of payments easy for the back-office industry and beyond. For... read more »

All articles tagged Payments (58)