Revenues for global payments are soaring. It is projected that it could potentially become a $2 trillion industry by 2020. Cross-border revenues alone make up approximately $200 billion. It is also estimated that there are currently .7 international transactions per capita every year. This up from .5 back in 2014. In 2018, B2B cross-border payments produced $125 billion in revenue....
Last September, Shopify made the announcement that all US-based merchants utilizing their platform will be allowed to sell hemp-derived CBD and CBD-type of products only where it’s permitted by state and local law. Although Shopify merchants cannot use Shopify’s payment gateways, they can take advantage of their partners Authorize.net, DigiPay, and eMerchantBroker.com, as payment gateway solutions for merchants. Forbes has...
eCommerce is on the rise all around the globe. Why? It’s simple! All consumers need is just a click of a button to buy goods from any corner of the world. Let’s move forward to dive more into the topic and find an exceptional payments expert for you. eCommerce Is Growing Globally Retailers are looking for ways to take more...
Cannabis products have been in hot demand over the last few years, especially after the passage of the Farm Bill in 2018. In fact, sales are projected to hit nearly $30 billion by 2025. But there are some concerns about the rising sales in the cannabis industry. In 2018, sales topped $10 billion and all of that had to be...
ACH stands for Automated Clearing House and is a simple method by which funds can electronically be transferred from one account to another in the US. Its functions are overseen by both the federal government and the National Automated Clearing House Association (NACHA) to ensure that rules are up-to-date and sensitive payment information stays secure. ACH payment processing can give...
If you are starting a small business, you know that it’s imperative to give your customers the option to pay you via debit or credit cards. If you are exclusively an eCommerce business, then, this is the only option you have for getting paid. But before you open for business, you need to find a payment processor who acts as...
If you are in business for yourself, it is imperative to have a way for your customers to pay you for your goods and services. Choosing a reputable credit card processor positions you to accept both credit and debit card payments either online or at point of purchase. As more and more consumers opt for carrying more plastic than cash,...
CBD is one of more than 100 cannabinoids, which are compounds found in both cannabis and hemp plants. Famous among them is tetrahydrocannabinol (THC) which causes intoxication. CBD, however, does not produce this intoxicating effect. In fact, it is popularly attributed to offering therapeutic and health benefits. The verdict is still out since the research into its potential medical applications...
Square has built a solid reputation of making credit card payment processing available to everyone. Their newest offering, Square Online Store, seeks to simplify the online store experience along with facilitating taking payments through its Square platform. Although it is easy to use, since you don’t need coding or web design experience, high volume sellers may find this platform very...
Founded in 2009, Square’s primary focus is to equip small businesses to easily and quickly take credit card payments. Its offerings have expanded to inventory, point of sale, and employee management so that these small businesses can operate like large businesses. Because of this mission, Square has opened up its platform to like-minded partners who also endeavor to help businesses...
