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Consumers for Contactless Payment Options

Visa Inc.’s survey conducted in June 2020 shows that the majority of consumers would purchase from merchants offering contactless payments. This article will tell you more about the study and help you with payment processing services. Consumers for Contactless Payments CNP (card-not-present) transactions for card networks surged during COVID-19. This can’t be said about CP… Read More »Consumers for Contactless Payment Options

Will Customers Return to Their Usual Payment Habits Post-Corona?

Pre-pandemic, the preferred payment alternatives among US customers were somewhat predictable. According to the Fed Reserve Bank of Atlanta, the most noticeable trends from 2018 to 2019 were a surge in online bill payments and a persistent drop in cash payments. Based on a countrywide representative survey poll of almost 3,400 clients, the average monthly… Read More »Will Customers Return to Their Usual Payment Habits Post-Corona?

Wirecard North America in Search for a New Buyer, While Rivals Plot to Steal Away Customers

The consequences of Wirecard AG’s misconduct are currently affecting the financial market in the USA. Several unethical and discreditable accounting behavior has left the firm’s North American subsidiary insolvent. The firm is now looking for serious potential buyers. Wirecard North America, whose offices sit in Pennsylvania, stated that it had contracted an unspecified bank to… Read More »Wirecard North America in Search for a New Buyer, While Rivals Plot to Steal Away Customers

Why Nearly 25% of Small Businesses Have Closed Temporarily or Permanently

We know that businesses have suffered through Coronavirus, but how far have these adverse effects gone? According to the most recent stats, nearly 25 percent of microbusinesses have already closed down permanently without plans of ever recovering—another 40 percent plan to close down operations in the coming few months. The few who are still hopeful… Read More »Why Nearly 25% of Small Businesses Have Closed Temporarily or Permanently

Citcon Rolls Out a No-Code Plugin for Online Payments amid Increase in eCommerce Adoption

US payment provider Citcon recently announced the rollout of plugins that will enable web-only business platforms to initiate non-coded credit card transactions and payment from other avenues like China UnionPay, WeChat Pay, and Alipay. The no-code plugin will specifically allow spaces like Shopify, Magento, WooCommerce, Commerce Cloud, and other similar sites to enable their merchants… Read More »Citcon Rolls Out a No-Code Plugin for Online Payments amid Increase in eCommerce Adoption

Zelle Attracting More Businesses as the Platform Grows into a Preferred Payment Platform amid COVID-19

Peer to peer transaction processing platforms such as Zelle serve as a bridge that connects consumers and allow them to make and receive payments. However, lately, businesses are increasingly adopting these services, even threatening to beat consumer usage. So far, up to seven leading financial institutions are helping home-service firms, and small enterprises collect payments… Read More »Zelle Attracting More Businesses as the Platform Grows into a Preferred Payment Platform amid COVID-19

FTC: ‘Product Not Received’ Complaints amid Corona Double Cases Recorded in Last Festive Shopping Spree

A pandemic is a difficult time to run a business, but just how bad is the situation amid COVID-19? The most recent data by the Federal Trade Commission (FTC), the official protector of US consumers, shows a tough struggle among ecommerce merchants. Consumer complaints have surged significantly amid a crisis. Over 50 percent of those… Read More »FTC: ‘Product Not Received’ Complaints amid Corona Double Cases Recorded in Last Festive Shopping Spree