Helpful Articles
144 billion… That number is impressive in almost any context (like the approximately 144 different types of coffee generated by four coffeemakers in our Boston office of just 65 people), but our research turned up something interesting as it relates to payments: In 2015, the number of U.S. noncash (debit card, credit card, ACH, and check payments) payments is estimated to have totaled more than 144 billion, with a transaction value of almost $178 trillion.
Top 10 reasons shoppers abandon their cart online
Cart abandonment is a problem. As we shared in the intro, it is estimated the average store loses over 75% of sales due to cart abandonment. More detailed studies show some industries losing as much as 83.6% of potential sales due to cart abandonment
If you are unfamiliar with cart abandonment, it is a common behavior in eCommerce shopping where a shopper adds an item to their cart, but fails to complete their purchase.
Below we share some comprehensive resources on why customers abandon sales.
5 holiday eCommerce tips
The holiday shopping season will be here before you know it, so you need to be sure your online store is ready to receive (and accept payments from) all of your holiday shoppers. Here are 5 holiday eCommerce tips to help you make the most of this festive shopping...
Visa Reduces Its Merchant Surcharge Cap to 3% Effective April 15, 2023: Merchants need to be Compliant to Avoid Fines, Fees and Litigation
Visa Reduces Its Merchant Surcharge Cap to 3% Effective April 15, 2023: Merchants Should Ensure They Are in Compliance to Avoid Fines, Fees and Litigation Effective April 15, 2023, Visa has implemented a reduction in the permissible merchant surcharge to the lower of:...
3 Reasons Why You Should be Searching for Stripe Alternatives
ECommerce business owner outgrowing Stripe and looking for a better payment processor
High Risk Credit Card Processing: Everything You Need to Know
Credit card processing is an essential part of any business that wants to accept card payments. However, not all businesses are considered equal in the eyes of credit card companies and banks