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Tag: Accepting online payments
Trendlines and Survey Markers: Consumers Prefer Charge Cards, But Still Learning About Them
A pair of mid-summer surveys come our way, showing that Americans really like using the plastic in their wallets, but are still learning all the ins-and-outs of what it means to have both credit, and a credit score.
It Was Originally Going to Be the Second of July!
As we head toward our big midsummer celebration, remember that if John Adams had been right, you’d be celebrating two days earlier!
On July 2nd, 1776, the Continental Congress legally separated itself from Great Britain. President-to-be John Adams wrote to his wife that the “second day of July, 1776, will be the most memorable epoch in the history of America.
In the News: Card Use Encouraged; Card Use Cut Back
It’s that time of year where we start to monitor the trends over consumer card use — particularly with summer travel season looming. But two other initial trends this spring caught our eye first, and may shed some light on where your customers are at.
….And Yet, M-Commerce — and M-Everything — Is Still On the Rise!
The headline is a direct follow up to last week’s blog post, which concerned one merchant’s unfortunate overreaction to “showrooming,” that mobile-device enabled method of seeing a product “live” in a store, then turning to a handy screen to see if you can get it for a better price.
What Not To Do In Response to “M-Commerce”
Sometimes this happens with the newfangled habit of “showrooming.” We’ve written about it here before, and as a merchant with customers, you should keep the phrase on your radar. “Showrooming” refers to the practice of customers entering a store, looking at items “live,” as it were (which is to say, displayed on your shelves — if you’re one of those with an offline location that has shelves), then checking their phones quickly to see if they can get it for a better price — once your own showroom display has actually helped make the sale.
Black Friday and Cyber Monday Span Increasingly “Mobile” Weekend
The trendlines — not to be confused with the weekend’s expanding waistlines! — are in, and changing shopping patterns, and evidence of a slowly recovering economy, were both apparent over the long holiday weekend.
Card Use Expected to Be Up This Holiday Season: Is Your Business Ready?
Projections for credit card use this holiday season continue to be good. The Greensheet, a credit card industry newsletter, recently featured a round-up of projetions, with many saying that this year’s holiday retail sales could top 2011 by upwards of 4 percent. Deloitte LLP estimated that U.S. retailers will rack up over $900 billion dollars of sales between November (which starts today!) and January of 2013. And of that, approximately $36 billion is expected to be “mobile-influenced,” with
shoppers using phones and tablets to help locate items, and comparison-shop between them.
Checks — They’re Not Just for Paper Anymore
In our dauntless search to bring you all the news in the credit card and card processing industries — to…