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Abhishek
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on Wed Jan 16, 2019 10:41 am
Once known as Google Checkout, Google Wallet is an online payment service that allows users to send safe, simple, and speedy money transfers from their browser, smartphone, or Gmail account.
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Abhishek
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on Wed Jan 16, 2019 10:41 am
WePay prides itself on its top-notch customer service and fraud protection. Merchants, however, like the fact that customers can make their purchases without having to leave their site, thanks to a virtual terminal.
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Abhishek
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on Wed Jan 16, 2019 10:41 am
WePay also offers Know Your Customer collection and risk management and can be used for invoicing, event ticketing, and marketing automation.
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Abhishek
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on Wed Jan 16, 2019 10:42 am
Intuit is almost indispensable for a small business owner. Besides being able to accept payments both online and in person with the mobile GoPayment credit card processor, Intuit can assist you with payroll and calculating taxes.
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Abhishek
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on Wed Jan 16, 2019 10:42 am
The most promising features is the low monthly rate of $19.95, which only charges a 1.6 percent charge for credit card swipes, as opposed to the standard 2.40 percent rate.
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Abhishek
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on Wed Jan 16, 2019 10:42 am
You can’t leave out Authorize.net. After all, it’s been processing payments since 1996! It’s also the Internet’s most widely-used payment gateway and has been the recipient of the Achievement in Customer Excellence (ACE) award from 2008 to 2016.
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Abhishek
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on Wed Jan 16, 2019 10:42 am
Even though the company has been around for twenty years, it stays current with trends, like being able to accept Apple Pay. No wonder the company is so widely regarded!
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Abhishek
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on Wed Jan 16, 2019 10:42 am
Today, online businesses have more payment platform options than ever before. Each platform comes with its own advantages and fallbacks, and it’s up to you to find out which is best for your business.
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Abhishek
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on Wed Jan 16, 2019 10:43 am
Which payment platforms have simplified your business transactions in the past? Which platforms do you plan on trying?
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Abhishek
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on Wed Jan 16, 2019 10:43 am
Nearly 90 percent of millennials today own and are in close contact with their smartphones throughout the day.
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Abhishek
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on Wed Jan 16, 2019 10:43 am
In a recent study, 56 percent of consumers said they would use their mobile devices as a payment method if it was an easy option.
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Abhishek
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on Wed Jan 16, 2019 10:43 am
The popularity of digital currencies stems from the instantaneous and border-less nature of the transactions.
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Abhishek
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on Wed Jan 16, 2019 10:43 am
Essentially, this payment method can be used anywhere, and it isn’t being regulated by government influences and rules, yet.
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Abhishek
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on Wed Jan 16, 2019 10:44 am
OnlyCoin is running on a slightly different mobile technology in which all of the user’s financial information is stored on a device the same size and dimensions as a credit card that is connected to a mobile app.
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Abhishek
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on Wed Jan 16, 2019 10:44 am
It allows users to pay with any of his/her payment methods, including credit cards, with only the need to carry one card.
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Abhishek
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on Wed Jan 16, 2019 10:44 am
Social media networks will expand their reach to include payment solutions such as transferring money from one user to the next (peer-to-peer) or paying directly within the network.
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badal
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on Wed Jan 16, 2019 10:53 am
Accepting mobile payments is often cheaper than traditional credit card processing. With the right equipment (such as a wireless credit card terminal with the right software), it's possible to avoid those 1-3 percent swipe fees.

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badal
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on Wed Jan 16, 2019 10:53 am
There are many competing mobile payment options out there, and some customers are reluctant to try new platforms once they've found a solution that works.

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badal
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on Wed Jan 16, 2019 10:53 am
Though as a vendor, you don't have to offer every single mobile payment solution.
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badal
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on Wed Jan 16, 2019 10:53 am
For starters, most platforms are converging as they get bought.
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badal
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on Wed Jan 16, 2019 10:53 am
Arguably more important, near field communication (NFC) is quickly emerging as the gold standard of the mobile payment industry. According to Juniper Research, NFC-based sales could go from $60 billion (in 2012) to $110 billion (in 2017).
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badal
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on Wed Jan 16, 2019 10:54 am
If you have an NFC-ready terminal, you can capture a large chunk of the mobile payment pie. Plus, since many newer EMV readers also accept NFC transactions, it's possible to minimize your upgrade costs.
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badal
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on Wed Jan 16, 2019 10:54 am
When you normally think of smartphone use, young adults and teenagers come to mind. Yet mobile payment adoption is higher among the 35 to 44 age bracket (29 percent) than among 25 to 34-year-olds (20 percent).
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badal
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on Wed Jan 16, 2019 10:54 am
Contrary to popular belief, the Generation X crowd is arguably more profitable when it comes to using mobile payments than Millennials and Generation Z.
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badal
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on Wed Jan 16, 2019 10:54 am
Roughly 25 percent of all smartphone users have purchased an item with their device. On average, these shoppers spend an incredible 2 hours per day on their phones.

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