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Category Archives: Payment Processing

How subscription box companies can deliver value during the coronavirus pandemic

Subscription box companies can utilize the following strategies to stay ahead despite the current climate.
As brick-and-mortar retailers remain closed for business and families far and wide carry out state-mandated shelter-in-place orders, ecommerce and delivery services have become essential to many consumers. While this might sound like a positive for the bottom line, supply chain disruptions…

How the recurring charge model helps subscription businesses keep up

Consumers love the convenience of  set-it-and-forget-it subscriptions.
According to McKinsey, the desire to replenish products accounts for one-third of all subscriptions. Over half contain a curated selection of products chosen to delight and surprise the recipient.These subscription boxes contain everything from consumables like eco-friendly toiletries and pet food…

Advantages of using a hosted payment page

Many merchants rely on hosted payment pages for ease and security.
Selling products, subscriptions and services online is a lot more complicated than opening a lemonade stand.An enterprising individual with a big idea and ecommerce aspirations will need to understand the intricacies of web development to get a payment page up…

Payment processing decline recovery solutions

Transactions are often declined due to out-of-date card and billing information.
After having an online payment declined, one-quarter of rejected shoppers either give up or decide to shop with another online merchant.One-third will blame the retailer for the unhappy incident. After all, if the customer experience fills shoppers with the sinking…

Checkout charities: Best practices for encouraging shopper donations

Here’s what ecommerce leaders need to know before launching a checkout charity.
Over the 2019 holiday season, one-third of merchants donated money or goods to a charitable organization. And the spirit of giving isn't restricted to a few weeks in the winter. Throughout the year, retailers find many ways to give —…

Start to finish: The perfect customer order management process

Perfect your customer order management process with a top-notch OMS.
  A lack of organization and proper management of your customer orders can spell disaster for your business. Problems with product availability and allocation prevent orders from being put together, and issues with customer address standardization or correction hampers completed…

3 order fulfillment system features you need

There are a few - critical features that your new order fulfillment system should include - in order to provide the most value for you, your warehouse users and your customers.
  According to Global Market Insights, the industry for inventory and order management software is expected to grow considerably over the next few years, as supply chain and warehouse managers continue to look to OMS solutions. This technology has made…

Why PCI compliance is essential for ecommerce businesses

Every retailer and ecommerce company that in any way deals with payment card data must adhere to PCI DSS.
As the capabilities and resources supporting online ecommerce grew, so too did the potential for fraud. In fact, WorldPay reported that in the decade between 1988 and 1998, Visa and Mastercard racked up a staggering $750 million in losses due…

How to start a new ecommerce business in 5 steps

What's needed to launch a new online store?
Ecommerce offers all kinds of benefits for consumers and businesses alike, and new research shows that completing transactions online is now the way many customers prefer to shop. According to a survey of more than 2,500 individuals conducted by Periscope…

Online sales tax changes for ecommerce

Supreme Court justices weighed in on the lack of a sales tax requirement for online sellers over the summer, ensuring that all retailers - including those that do not have a physical store location or presence within a state - collect the appropriate sales tax.
Ecommerce sales have been on the rise for several years. Thanks to benefits like a simplified shopping experience, greater inventory and the added perk of being able to skip parking and long checkout lines, it's no surprise that consumers are increasingly…