Alternative payment methods are growing steadily in Europe. To succeed at cross-border e-commerce, merchants need to accommodate local payment schemes. The presentation Cross Border E-Commerce: The Importance of Alternative Payments at the MPE 2016 Convention outlined the importance of recognizing the payment methods in different locales. The presentation was led by Mr. Frank Breuss ,…
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Why Merchants Leave Their Payment Processors
We recently came across a terrific blogpost entitled Demystifying Merchant Attrition by Adil Moussa, which identifies the stages leading to merchants leaving their payment processors in search of a better solution. Understanding why merchants leave their payment processors is the key to improving your merchant attrition rate. Instabill does its collective best to maintain its…
When EMV POS Machines Fail
In being part of the payments industry, I find myself always noticing the payment issues come up in my own life. Just the other day, I was waiting in the checkout of a large department store when I was held up by the woman in front of me who was unable to use her credit card. The…
U.S. Payments Industry Frustrates (but it’s Loaded with Opportunity)
As frustrating as it may be, the U.S. payments industry is every bit as exciting. Indeed, the U.S. has some challenges: The U.S. is the last of the world’s major economies to start using EMV chip-enabled credit cards. U.S. merchants have been slow to embrace EMV cards. The U.S. is facing rising card-not-present fraud. The…
Why Aren’t Retailers Using Their EMV Machines?
Because I work in the payments industry, I get excited when I see an EMV point-of-sale machine whenever I’m checking out of a retail store. To me, it signifies progress. I chuckle when the person in front of me quickly inserts their card in and out, similar to swiping. You cannot blame them. Swiping is…
Online and Mobile Checkout: 7 Things NOT to Do
Simplifying online and mobile checkout is a perpetual task, with payment platforms constantly looking to streamline the process. At the Merchant Payments Ecosystem conference and tradeshow two weeks ago in Berlin, Floor Tuinstra gave a glimpse of how the checkout experience might look like by 2020 with his presentation, European Online Payments and Shopping Experience…
Securing an E-Commerce Website: Do These 3 Things
When you’re running an online store, securing an e-commerce website should always be the first thing on your mind. You’re dealing with sensitive information for your customers, and they want to know you’ve got their personal data safe. Our friends at MalwareList.net recently wrote an article about securing an e-commerce website. We’re sharing some of…
One Good Reason to Start an E-Commerce Business
The numbers don’t lie. It’s a very good time to start an e-commerce business. On Monday, the U.S. Department of Commerce released data detailing the growth of e-commerce in 2015: an increase of 14.6 percent ($341.7 billion) from 2014 ($298.3 billion). A progress chart on InternetRetailer.org detailed significant e-commerce growth over the last 11 years.…
Instabill to Exhibit at Transact 16 in Las Vegas
With the intent of attracting new prospects to its highly successful partner program, Instabill will exhibit at the Transact 16 conference and trade show Tuesday, Apr. 19 through Thursday, Apr. 21 at Mandalay Bay Las Vegas. Instabill will be represented by Founder and CEO Jason Field; Sales Manager Wendy Jacques; as well as Senior Copywriter…
Is This the End of Negative Option Marketing?
It is no secret that Visa’s new chargeback and fraud monitoring thresholds have merchants revisiting their tactics and models, so much so that negative option marketing may become increasingly rare, perhaps disappearing altogether. What is Negative Option Marketing? In a report prepared by the Federal Trade Commission, negative option marketing is defined as the ‘act…