The world experienced substantial changes over the last twenty years, particularly regarding technology and payment trends. Every year tech gets easier and more profitable for merchants and consumers. It provides more secure payments and enables a broader range of convenient payment options. That said, new options and opportunities can also create questions about how to manage these technologies. Let’s look …
Continue reading
Despite women making up nearly half of the U.S. workforce, they are still vastly underrepresented in the science, technology, engineering, and math (STEM) workforce. According to the Society of Women Engineers (2022), women represent about 34% of all STEM workers. Moreover, women comprise about 44% of STEM workers with at least a bachelor’s degree, which shows marginal improvement from 42% …
Continue reading
I am so pleased to announce that it’s been another successful year for Paid for Grades! With the largest group of participants in the program’s ten-year history, students, educators, and schools walked away with nearly $123,000 in donations and awards this year! We celebrated the winners May 18th at Hollins High School in St. Petersburg in our largest and most …
Continue reading
The average merchant has probably experienced at least a few chargebacks by now. Chargebacks are more than just bank-level payment reversals for merchants. They include a bevy of fees, too. They also tend to hang around far too long, take up a heap of time, and ultimately sap companies of revenue. Businesses that aim to survive are vested in tracing …
Continue reading
Remember when Amazon dropped its ‘returnless refunds’ policy way back in 2017? Online retailers were in an uproar. The new policy allowed customers to claim refunds for items they didn’t have to ship back… just who could compete with a policy like that? Even though participation was optional, many sellers speculated that the policy set a bad precedent for refunds …
Continue reading
Shopping just isn’t what it used to be… depending on who you ask; it’s better. As digital commerce is poised to swallow brick and mortar markets, 3-D technology might be the driving appetite for change. Don’t just take my word for it. Statista values the augmented reality market at nearly $31 billion. The market had more than 810 million active …
Continue reading
The Covid-19 pandemic is still “far from over,” according to the World Health Organization. As the experts explain, we’ll probably be feeling the aftershocks of the virus for several years to come. Most of us are very gradually trying to work our way back to some sense of normalcy. That’s not easy, though, as we’re getting bombarded with news stories …
Continue reading
Supply chain issues that struck the globe during the pandemic haven’t gone anywhere just yet. Since 2020, the world has been experiencing a supply chain crisis like none before. Everything from everyday grocery items to expensive electronics have become so expensive that people are struggling to afford them. In some cases, goods have disappeared from shelves altogether. Commerce has gone …
Continue reading
The entire world has been rocked by the conflict in Eastern Europe. The payments space is no exception there. Historic sanctions that have already been levied against Russia in response to the violence. Russian banks have been restricted from using SWIFT to process payments, and card networks like Visa, Mastercard, and Amex have all suspended operations in the country. It’s …
Continue reading
What does it mean to be a “high-risk” merchant? Is it the products or services you sell that earned you that designation? Or, maybe your business has been labeled high-risk because of the business model you employ to sell those products. Or, could it be that your business has simply fallen victim to too many chargebacks? Whatever the case, being …
Continue reading