Category Archives for "Payment Process"

payment trends

What’s Trending with Payments: Where Have We Been, Where are We Going?

This is the first of three posts we’re doing on the future of payments. Stay tuned for our next two entries on what payments in 2030 will look like and how younger generations are changing the face of ecommerce. As younger generations start to hold more buying power, their influence is increasing – greatly. Millennials and Generation Z grew up with technology, expect easy, quick and safe transactions, and companies that fail to do so are inherently disadvantaged. Gen Z, in particular, is driving money management innovation. Now in the workforce, their desire for more flexible options is likely to force more traditional institutions to transition to mobile payment options. In fact, they could be the first generation to use […]

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merchant account

Does My Subscription Business Need a Merchant Account?

As we move to a cashless society, and especially when you are a subscription business owner, accepting credit cards is a no-brainer. (When was the last time you carried cash in your wallet, or somehow beamed it to Amazon for your latest audiobook, right?) Technically, your business can process credit cards whether or not you have an associated merchant account…but do you want to? There’s confusion around the payment back end, especially for startups and first-time business owners. So, how do you know if you need a merchant account? To make the best decision for your business, read on. You’ll learn: What a merchant account is and how it works How a merchant account works The benefits of a merchant […]

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