In today’s fast-paced digital economy, businesses must adopt effective payment transaction methods to remain competitive. Payment transactions are the backbone of any commercial operation, enabling the seamless exchange of goods and services. As consumers increasingly gravitate towards online shopping and digital payments, businesses must ensure they are equipped with the right tools and technologies. At […]
Answer: Offer alternative payment options Okay, so what exactly does that mean? Well, traditionally, merchants only had the option of accepting electronic payments online in the form of bank drafts, and debit and credit cards from the major card brands – Visa, MasterCard, American Express, Diners Club and JCB. That is until payment product innovators […]
As a follow-on to my blog about alternative payments, it looks like one big player is either afraid of the competition – or maybe it is simply making smart business decisions. Announced yesterday was American Express’ deal to purchase Revolution Money, launched by AOL Co-founder Steve Case’s Revolution LLC in 2007. The acquisition, estimated at […]
