Blog - Page 14 of 18 - BestPaymentProviders

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

Ebay’s Payments Partnership with PayPal on its Dying Embers: What Next for Merchants?

eBay and PayPal had a significant payment agreement in 2015 which is about to expire. In the past, PayPal has been the chief payment processor for the Ecommerce firm—for several years. And merchants are raising concerns about how payment processing will happen in the future. eBay estimates that more than 31,000 traders are currently utilizing… Read More »Ebay’s Payments Partnership with PayPal on its Dying Embers: What Next for Merchants?

FTC Enforcing the Law on Fraudulent Payment Processors

Lately, there have been numerous complaints from merchants and other individuals concerning the safety of payment processing services. There have been many incidents of “payment processing gone wrong,” where the service user loses thousands of dollars. The Federal Trade Commission has chosen to take action and take the reins in tackling this issue. Andrew Smith,… Read More »FTC Enforcing the Law on Fraudulent Payment Processors

The Total Number of Retail Sales Will Drop But Ecommerce Firms Will Likely Benefit

According to forecasts by eMarketer, a leading financial analysis firm, the overall ecommerce retail sales in US is expected to decrease by 10.4% before the close of 2020. Such a drop has not been experienced since the 8.3% drop witnessed in the financial recession of 2009. The market analyst also estimated that the US will… Read More »The Total Number of Retail Sales Will Drop But Ecommerce Firms Will Likely Benefit

Experts Predict a Rise in Physical Store Shutdowns amid COVID-19

The coronavirus disease has resulted in many changes to our normal way of life. People have to wear masks, sanitize regularly, observe distancing, and remain at home to avoid contracting the deadly viral infection. Businesses, especially physical shops, were adversely affected when the pandemic began to ravage the US early this year. A majority of… Read More »Experts Predict a Rise in Physical Store Shutdowns amid COVID-19

Top Ways to Safeguard Your Ecommerce from Chargebacks

A chargeback or reverse charge is what happens when a credit card-owner disputes a charge made to a store and receives a refund. Usually, the card-issuing bank decides the case, and many times, the customer wins and gets an immediate reimbursement. A merchant has 3-4 weeks to challenge the chargeback by issuing the documents of… Read More »Top Ways to Safeguard Your Ecommerce from Chargebacks

Mastercard Joins Splitit’s Increasing List of Payment Allies

In mid-June, Splitit Payments Limited publicized that it had entered a deal (that will last years) with Mastercard Inc. The former entered the partnership to speed up the adoption of its installment-payment offering for web-only merchants. The new deal may see Mastercard onboarding merchants that offer their customers Splitit as an alternative for financing. It… Read More »Mastercard Joins Splitit’s Increasing List of Payment Allies

7-Eleven Is Introducing A Novel Fuel Discount System For Its Clients

7-eleven is a popular convenience store in the US and several other countries. It deals with an array of goods and services. The company is currently conducting a trial run on their new cashless fuel loyalty program. The loyalty reward system is compatible with Siri, allowing iPhone users to conduct a contactless checkout. Currently, the… Read More »7-Eleven Is Introducing A Novel Fuel Discount System For Its Clients

The Best High Risk Merchant Accounts Deals to Get Your Ecommerce Running

Launching a business online is a simple discussion but a difficult step to take. And acquiring a merchant account and payment processing gateway is one of the major growing pains for many entrepreneurs, especially those in high-risk industries. A payment gateway is the technology that enables an ecommerce to process transactions over the internet. On… Read More »The Best High Risk Merchant Accounts Deals to Get Your Ecommerce Running