Payments is one of the most dynamic sectors, judging by the buzz of activity we saw last year. New and more innovative ways to pay, mergers and takeovers, regulatory changes and so on. But we can’t base all our market predictions on 2019, travel a decade down memory lane and it dawns on you that much has changed— and will...
It hit news headlines and stirred mixed reactions when Police raided Deutsche Bank last November over claims of laundering money. Nearly 200 police officers, tax supervisors and prosecuting attorneys stormed half-a-dozen of Deutsche offices seizing both hand-written and electronic files. The blow hit Deutsche Bank, which was at that time, struggling to pick up its pieces following 3 years of...
Canada is going contactless faster than everyone anticipated. Surprisingly, it now outshines the US in adoption rates. Nevertheless, Canadian consumers are still worried about the use of mobile gadgets. According to a recent report, titled 2019 Canadian Payment Methods and Trends, contactless payments in Canada surged 30% YOY in 2018. Payments Canada is the body that oversees Canada’s automated clearing...
Despite the explosive growth of the CBD (Cannabidiol) market, CBD merchants have historically faced rejection by merchant account providers, payment processors, and payment gateways alike. Shopify, one of the leading and most popular eCommerce platforms, does not currently accept payment for CBD products. Specifically, Shopify Payments cannot be used to process payments for any and all CBD products. Shopify has...
Committee Chair Sen. Mike Crapo has recently expressed his opinion on House-passed legislation — HR 1595: The SAFE Banking Act. The latter allows banks, and other financial companies to enter into partnership with the businesses in this industry having the state license. This blog post will tell you more about the cannabis banking reform and help you get easily approved...
Since Square’s mission is to equip merchants with all the tools they need to efficiently run their businesses, it has opened up its platform to like-minded partners striving to help other businesses streamline their day to day operations. Here are 21 business apps you can sync with Square that can easily be found in the Square App Marketplace. For Online...
When you are a merchant on Shopify, you want to ensure that your payment gateway provides both security and reliability to deal with your customer’s everyday transactions. Knowing that their confidential financial information is safe in your hands, customers will feel confident making purchases in your online store. Here are the best payment gateways for Shopify. Shopify Payments Shopify comes...
Although marijuana isn’t yet legal at the federal level, this year is going to play a crucial role in the process of marijuana legalization. If you’re interested in the new marijuana laws and want to discover a unique processor for high risk merchant processing, just read below. New Marijuana Laws: High Risk Processor You Need Though passed by the U.S....
2019 turned to be a less wild year for Bitcoin (BTC). However, BTC is still faced with volatility, causing harm to the world’s top digital currency’s potential as a payment method. To dive deeper into the topic and know who can best help you with a Bitcoin merchant account, keep on reading this post. Bitcoin Merchant Account: What to Know...
Shopify is an e-commerce software that allows you to create your online store and sell online. With this platform, you can easily manage inventory, market products online, as well as receive payments. Square is known as a “suite” of payment software and hardware tools that assist all types of businesses with secure credit card payments. When it comes to integrating...
