Managing Increased Patient Responsibility with Payment Solutions
The healthcare industry continues to experience a major shift in a patient’s financial responsibility. This is largely driven by significant changes in the reimbursement model, but there is so much more to consider than collecting payments. Between 2012 and 2015, consumer payments to healthcare providers nearly doubled. This upward trend in consumer payment has continued — […]
Payment Trends Outlook for 2020
Approaching a new year and a new decade, payment trends indicate that significant changes are ahead. Here are five forces that will shape the payment solutions you provide to your customers in 2020 and beyond. 1. A new generation To stay relevant, merchants spent the last decade replacing long-standing processes — and perceptions — […]
Must-Have Payment Features for Food Truck Businesses
Food truck businesses have carved out a profitable niche in the restaurant industry by taking great cuisine to their customers. Food trucks are a popular choice for people short on time who don’t want to compromise on taste or quality. Lunch or dinner at a food truck is convenient, delicious, and fast. Speed of service […]
Why Merchants Wish They Had Unattended Payment Solutions This Holiday Season
Kids (and some grownups) make wish lists of the things they’re hoping to receive for the holidays. If you’re a point of sale (POS) ISV or VAR, it’s important for you to recognize that another activity occurs during the holiday shopping season: Merchants make wish lists, too. Retailers and restaurant managers want things that allow […]
Reasons for the Migration to Unattended Parking Payment Systems
Municipalities and event venues work to avoid traffic gridlocks and delays — and a big part of the solution is parking. Drivers can bring the flow of traffic to a halt when searching for exact change while other vehicles block intersections inching into the payment queue. Moreover, commuters and event-goers won’t tolerate the delay when […]
A Profile of Holiday Omnichannel Shopping
Creating customer experiences that delight shoppers is ordinarily an objective for retailers, but it reaches the status of “mission-critical” during the holiday shopping season. From November through early January, shoppers are out in force, looking for the merchandise they need for gift-giving and holiday events. To capture their share of this market, retailers offer specials […]
2019 Holiday Shopping Outlook
A late Thanksgiving is bound to make the 2019 holiday shopping season interesting. The last time the span from Black Friday to Christmas was this short was 2013, when retailers opened stores on Thanksgiving for the first time, extended Black Friday deals online, and kept their doors open for 24 hours during the weekend before […]
Modern Grocery Trends Require Modern Technology
Businesses in all verticals and niches are adapting to technology disruption, new industry trends, and changing consumer preferences. Businesses in the grocery industry, however, are evolving into models that few anticipated a decade or two ago. Some have dine-in cafes. Others have added craft beer or wine shops. Some formats are growing larger, while others […]
Why Omnichannel Payments are Crucial for Veterinary Practices
Today’s pet owners are different than those a few decades ago. They’re likely to spend more on their pets than older generations of consumers, even though the majority of pet owners now adopt older shelter dogs or cats rather than pure-bred puppies or kittens. Their pets probably received basic preventive care at the shelter and […]
Is it Time to Provide Solutions for a Cashless Society?
In 2018, for the first time, cash fell from its position as the most frequently used type of payment in the U.S. Cash use was down 4 percent from 2017, totaling 26 percent of transactions in 2018. Debit cards claimed the top spot, up 5 points to 28 percent. There are several factors that are […]
