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Blog Archives

20
Apr
Contactless Payments  ·  Covid-19
Contactless payments skyrocket because no one wants to handle cash

As more people worry about catching coronavirus from touching cash and credit-card terminals, a onetime niche technology is roaring into the mainstream. Use of contactless mobile payments — services that once struggled to catch on in the U.S. — is

by FiNet

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17
Apr
Covid-19  ·  Paya Connect
For restaurants, now is the time to take bold steps to save money and prepare for a new future

Like most small businesses, restaurants have been hard hit by the current business landscape. However, many have had the opportunity to stay open by adapting to a new business model — carry out and delivery. In doing so, some of

by FiNet

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10
Apr
Contactless Payments
US Market Finally Primed to Embrace Contactless Payments

More than five years after the launch of Apple Pay and four-plus years after the US POS liability shift for EMV, the US market finally appears set to fully embrace contactless payments. To date, consumer adoption of contactless payments (also

by FiNet

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09
Apr
EMV  ·  Pay-at-the-Pump
Visa denies request to delay Oct. 1 EMV deadline for fuel pumps

The EMV liability on the forecourt is still on target to shift in less than six months. The National Association of Convenience Stores (NACS) joined with several other fuel retailing groups to ask the major financial card networks to push

by FiNet

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07
Apr
Coronavirus  ·  Studies
New Data: Why COVID-19 Will Be The Connected Economy’s Inflection Point

March 11 marked the end of traditional business in the U.S., maybe even the rest of the world – and probably forever. That was the day when the World Health Organization (WHO) declared COVID-19 a global pandemic and federal, state and local

by FiNet

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06
Apr
Cashless Business
Cash or cashless: The flaws in today’s payments debate

There is a constant debate on whether global economies should continue to offer cash payments or go cashless by converting solely to digital. Critics say this move would disenfranchise unbanked, cash-dependent consumers and does not drive financial inclusion, while others

by FiNet

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03
Apr
Coronavirus  ·  Fraud
Enhancing Online Customer Experience While Fighting Fraud During the COVID-19 Pandemic

There is already a lot of data that reveals that the coronavirus pandemic is impacting online shopping behavior. According to data from Adobe Analytics, which monitors the e-commerce transactions of 80 of the top 100 U.S. retailers, the fallout has led to the

by FiNet

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02
Apr
Coronavirus
Restaurant Operators On Life Before, During And After COVID-19

Restaurants are tough businesses to operate, even in the best of times — 60 percent fail within their first year, and 80 percent within their first five.   There are lots of reasons for that high failure rate: changing consumer

by FiNet

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27
Mar
Visa
Coronavirus Slowdown Prompts Visa to Delay New Fee Structure

Visa Inc. is delaying the rollout of a new fee structure during the coronavirus slowdown. The fee changes, in the works for months, would raise the cost of credit-card transactions for many merchants, while lowering them for others. They’ll take

by FiNet

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23
Mar
Coronavirus  ·  FiNet
COVID-19 Update

We felt it prudent to provide an update to our partners as we continue to work through these unprecedented times, especially in light of the recent “Stay at Home” directive from our home state of Ohio, which essentially shut down

by FiNet

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