A Balanced Security Approach to Payments Must Include Your Employees

When it comes to securing your payment infrastructure, a balanced security approach is a fundamental best practice in the industry. Encryption, tokenization, firewalls for back-office systems and mobile device management (MDM) solutions all play a critical role in preventing data theft ⁠— but a purely technology-based strategy isn’t an end-all solution. Employees, from high-level executives to in-store associates, are an essential piece of your tiered security strategy.

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Three Key Considerations For A Better Retail Experience in 2022

As we close out 2021 and begin 2022, we see a retail landscape that’s very different than it was two years ago. The global COVID pandemic served as a catalyst for the evolution of how consumers prefer to shop. For example, Accenture predicts an increase of 169% in online purchases from new and low-frequency users. This is just one example of how consumers have pushed toward the convenience of digital services to fulfil their shopping needs.

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Five Things the Retail Environment Expect from Payment Solutions

The retail environment has changed significantly in the last two decades – from the race to opening more brick-and-mortar stores to the rise of eCommerce. Consumers have changed too – from expecting to pay with their wearable devices to being able to have merchandise delivered to their doorstep. Retail is constantly evolving and merchants are always looking at innovative in-store technology to bring more shoppers into the store and enhance their shopping experience.

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Buy Now Pay Later: Add Now, Don’t Wait Until Later

If you’re like me, your shopping habits have changed over the course of the pandemic. Whether that means you now pay with contactless, buy online and pick up in store or just shop online more, most people have leaned into new ways to shop. One trend that is continuing to gain a lot of traction with consumers is Buy Now Pay Later (BNPL). With 7% of consumers planning to use BNPL during this holiday season, according to a recent survey. And while that might seem low now, its use is expected to rise over time.

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Five Ways Investing in a Cloud POS System Can Benefit Your Business

Like most technological innovations, electronic cash registers (ECRs) have evolved. One evolution that has been gaining traction in the industry is cloud-based POS – also called a web-based POS system. These types of solutions leverage the cloud ecosystem to provide on-demand cash register and POS capabilities to merchants. They can be accessed via a web browser or a mobile application and provide all the functions and features needed for businesses to accept electronic payments and effectively run their day-to-day operations.

While legacy ECRs in the market work well for most businesses, cloud-based POS systems allow businesses to advance from a technological standpoint for a stronger customer experience.

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