The 14th Annual Field Guide to Innovative Payments by Digital Transactions focuses on strategies and tactics in the areas of emerging technology and new markets. This article will tell you some of the most important highlights. Also, you’ll learn who can help you with a payment gateway for tech support.
The 14th Annual Field Guide by Digital Transactions
This guide is about innovative payments. According to Digital Transactions, an innovative payment system is any network, concept, or consumer interface that enables payments in an exceptional way.
Some of the key points highlighted in the guide include the flowing:
- J.P. Morgan Merchant Services, the largest processor of card transactions in the U.S., has recently started processing credit card payments in the U.S. for the Alibaba.com online marketplace.
Thanks to the deal, Alibaba.com can grow its share of payments by U.S. firms. Small businesses can better manage payment methods. Moreover, Alibaba.com can increase its business in the U.S. market.
- The buy now, pay later (BNPL) product is especially appealing to younger consumers who aren’t eligible for credit cards or want to avoid complicated repayment terms. BNPL functions both online and in stores have grown exponentially because of COVID-19.
- Thanks to mobile wallets, merchants enjoy a mix of technology and innovation enabling their wallet users to make both online and offline payments. This is made possible via a one-time quick-response code securely transmitting payment and loyalty information at checkout.
Given the rise of digital payments, it’s more critical than ever to offer multiple payment methods to your customers. If you want to accept payments online, you need to open a merchant account from a reputable provider.
Since the online payment processing is associated with payment gateways, you also need to find a reliable provider of payment gateways, including a payment gateway for tech support if you’re a merchant in the field. With a respectful merchant services comparison specialist, you can enjoy the safest and cheapest solutions in the payments space.
14th Annual Field Guide to Innovative Payments
Buy now, pay later products and mobile wallets for merchants are among the highlights you can find in the guide. Work with a true payments expert to get fast and easy access to innovative solutions in payments.
Author Bio: Payment industry guru Taylor Cole is a passionate payments expert who understands the complex world of the payment gateway for tech support. He also writes non-fiction, on subjects ranging from personal finance to stocks to cryptopay. He enjoys eating pie with ice-cream on his backyard porch, as should all right-thinking people.