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So far Sharon Gross has created 2 blog entries.

Buy Now Pay Later

Merchants must continually find ways to attract customers by offering new and different payment methods.  One method gaining in popularity is Buy Now Pay Later.  Similar to the “lay away” model of old, BNPL offers customers flexibility in payments without added interest fees. This model allows customers to purchase online and then break down payments into installments.  For millennials concerned about economic pressures and taking on more debt, this option has been welcomed.  BNPL helps customers manage payments, while still getting the products and services they desire.

For merchants, BNPL still provides all revenue up front, with the added knowledge that the customer is good for the money.  BNPL accounts are linked to the customer debit or credit card with services confirming eligibility.  Some of the biggest players in this space are Klarna, Affirm and Afterpay.  As a recurring merchant, you will start to see processors offering these services as part of the payments toolkit.

By | 2020-10-28T15:52:15+00:00 October 28th, 2020|Categories: Blog Post|Tags: , , , , , |0 Comments

PayPal is a Merchant Must Have

What started off as an alternative payment is anything but nowadays.  Recurring billing merchants do well to implement PayPal as an offered method of payment for customers.  With almost 300 million customers, we’ve seen use increase dramatically over the years.  Recurring merchants can take advantage of PayPal’s ease of use and the feeling of security that PayPal offers.

And if you’re thinking of entering global markets, but not sure if you want to set up a foreign entity, PayPal could be a nice way to ease in.  It will allow you to accept payments without having to set up every local payment method.  With its broad reach, PayPal supports over a 100 different currencies.

Alternative methods of payments keep shifting and growing in this digital economy.  While there might be hesitation on which to add and which to hold off on, PayPal continues to be a “must have”. 

By | 2020-10-28T13:41:20+00:00 September 14th, 2020|Categories: Blog Post|Tags: , , |0 Comments