Android Payment Solutions: Overcoming Four Common ISV Challenges

Android-powered payment solutions took the scene in the form of tablets and mobile phones connected to payment card readers. These modular solutions provided a newer, more flexible way to securely accept electronic payments. As technology does, the solutions evolved fast and provided a way to deliver new features more quickly.

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Three Common Challenges to Effectively Deploying Payment Solutions in Grocery

If you are an ISV catering to grocers, you know that deploying payment solutions in this environment can be challenging. In a typical grocery store, there are many points of interactions for the consumers, and since these are essential businesses, uptime of payment acceptance is critical to running a smooth operation. Also, the interaction with the consumer at the point of sale is complex from an integration standpoint as it includes additional variables such as cashback, donation options, etc., which now are becoming standard.

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What Consumers and Merchant Expect from Their Checkout

As a retail ISV, you know that at the heart of any retail shopping experience is what happens at the checkout. It’s the endgame of a customer’s buying journey, as they make their way to the sales counter with all the merchandise they wish to purchase. This is the moment that can make or break the whole shopping expedition for both the shopper and the merchant. What is important to understand is that both these players have expectations from the checkout experience.

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POS Data Security: Are You Doing Enough to Keep Merchants Safe?

How point of sale (POS) ISVs and VARs provided solutions to their clients has evolved over time. When ISVs first developed POS software, the focus was on the technology itself and how superior management via purpose-built solutions compared to using electronic cash registers and standalone credit card terminals. As more businesses implemented POS systems, the focus shifted toward the customer experiences they could provide and the impact it had on merchants’ competitiveness. Although the importance of leveraging technology for greater efficiency and enhanced CX continues, a new priority has emerged: POS data security.

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How Gen Z Consumer Trends Are Impacting Payments

Generation Z, people born from the mid-1990s to early 2000s, is emerging as the next consumer force. The oldest of the 68 million Americans who are part of Gen Z are now completing their education, entering the workforce, and building wealth. Gen Z’s estimated spending power in the U.S. is as much as $143 billion, with indirect spending power of $600 billion. Just as when millennials became a predominant consumer force and ignited changes throughout the industry, ISVs and VARs will see changes triggered by the rise of Gen Z.

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