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In today’s economy, business owners need a well thought out payments strategy. Part of that involves having tools that combine payment acceptance with powerful software that helps you run your business more efficiently and profitably than ever before.
Epic, the publisher of Fortnite (the most popular game in the app store), is starting to fight against what they claim as unfair pricing policies in Apple’s app store. Apple just called their bluff by removing their apps.
In today’s world, smart devices are literally everywhere. From smartphones and smart watches to voice-controlled smart home devices and more, we are increasingly relying on Internet-connected devices to make our lives easier. One area where we’re seeing rapid growth is with smart credit card terminals.
On this episode of Connects, Clearent’s own Phil Ricci and Mandy Dunfee discuss the recent overwhelming popularity of the ‘Buy Now Pay Later’ service and if small businesses should look to adopt this strategy now or wait until later to get on board.
Update episode this week! We’ll touch on some of our past episodes, and bring new info on how the cost-cutting measures with the U.S. Postal services could affect small businesses going forward.
When it comes to security in the world of electronic payments, Europe has been ahead of the United States in many ways for several years. The revised Payment Services Directive (PSD2), which sets stricter requirements for authenticating online payments, is another example of their innovation, at least regulatory-wise. While these mandates do not impact American banks, service providers and merchants from a legal standpoint, they definitely raise important points for the U.S. to consider.
COVID has delayed the second Payment Services Directive, or PSD2, in Europe, allowing card and payment providers to meet new authentication required standards by December 31, 2020. While this effects Euro cardholders by ensuring payments are performed with multi-factor authentication, this also has a reaching effect in the US as we have now become an easier target for fraud and illegal activities.