Insights

Mobile Payments Growing in the U.S.

Consumers are constantly looking for more convenient ways to make purchases.  While some consumers are slow to adopt the use of mobile payments, many love the convenience especially as more and more merchants are offering it as a payment option.  Many merchants are even incorporating reward programs and deals with their mobile apps, making it more enticing for consumers.  As more merchants start to offer mobile payments as options, this payment method continues to grow.  In 2015, mobile payments represented $550 billion and are expected to reach $2.8 trillion by 2020.

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April 2024: Card Brand Updates

  It's that time again - every April and October major credit card brands like Visa, Mastercard, Discover, and AmEx unveil updates to their interchange fee structures and programs. Understanding these changes is crucial for merchants, but we recognize that...

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