The Impact of AI on the Payments Industry
July 3, 2023
Benefits of artificial intelligence (AI) in payments include faster processing, fraud detection, predicting customer behaviors, and operational efficiency.
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Benefits of artificial intelligence (AI) in payments include faster processing, fraud detection, predicting customer behaviors, and operational efficiency.
Merchants need solutions providers’ help to navigate new credit card surcharging rules, stay in compliance, and avoid fines.
Unattended payments offer merchants benefits, including increased revenues, decreased costs, enhanced efficiency, and an option for expanding their reach.
Ecommerce trends include social commerce, virtual experiences with VR, AR, chatbots, and the Metaverse, a preference for sustainable companies, and payment choices.
EV charging station embedded payment providers should consider app integration, a broad range of payment methods, security, and reliability.
Omnichannel payments are essential for grocers to meet new consumer expectations and operate efficiently as online ordering and self-service adoption grow.
Merchants need gift card solutions to meet the year-round demand for online and physical gift cards, and Datacap Systems partners can provide their clients with a full-featured, omnichannel solution.
Unattended payment kiosks deliver the self-service experiences many consumers prefer and offer businesses benefits, including lower costs, greater efficiency, and higher average orders.
Account updater services are quickly becoming a vital part of a merchant’s tech stack as they streamline the process of identifying and correcting invalid card data before it becomes time-consuming and costly.
Holiday shopping stats reveal that consumers are choosing BOPIS, making e-commerce purchases on all devices and buying on social media.
With the right payment partner, ISVs and VARs can build new revenue streams, become more knowledgeable, market more effectively, and build stickier client relationships.
P2PE protects payment data, but solutions providers need to know it’s not automatically included with payment systems and how it impacts PCI compliance.
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Datacap supports regulatory best practices in ADA and EMV with support of the Kiosk Industry Group and the Kiosk Association (KMA). The KMA works directly with the U.S. Access Board and is a participating organization with PCI SSC.
