The Pew states more than half of adults in the United States now own a smartphone. The cost of not having a smartphone these days outweighs the cost of having a smart phone device. Social networking drove the rise and new smartphone and tablet apps are set to explode.
The Pew’s smartphone ownership report states that 56% of American adults now carry a smartphone according to this weeks report. Ranking the highest so far in smartphone saturation previous numbers were at 46% last year and 35% two years ago. A major milestone indeed. More than one third have a cell phone that isn’t a smartphone and 9% that don’t own a smart phone nor a cell phone. Read more of this article »
Posted in Smartphone Tagged with: Amazon, Digital Wallet, e-commerce, electronic, google, m-commerce, mobile commerce, mobile payment, smartphone
February 25th, 2023 by Admin
With smartphone users on the rise Nielson says that in 2012 47% of smartphone owners use mobile shopping apps in the Shopping / Commerce category. Although these do not account for actual mobile payment transactions they show that smartphone users are frequently turning to their mobile devices to find deals and purchase information.
But what exactly is m-commerce? M-commerce is a hybrid technology that takes web technologies that scale screens to mobile devices like Apple iPads and Android tablets. The commerce end of it comes from shoppers and merchants actually executing payment transactions over mobile devices of some form. Read more of this article »
Posted in Credit Card Security Tagged with: credit card, Digital Wallet, e-commerce, gateway, m-commerce, merchant account, nfc, payment, shopping cart, smartphone, tablet
January 17th, 2023 by Admin
Mobile payment processing is getting heated competition as priority in the electronic payment industry begins to shift. Retailers and restaurants are switching to cheaper solutions like smartphones and tablets linked to a mobile point of sale system or MPOS. These MPOS applications have devices that connect to a smartphone or tablet via Bluetooth wireless interfaces or through a standard headphone jack on the device. Read more of this article »
Posted in Mobile Payments Tagged with: bluetooth, Chip and PIN, EMV, gift Card, Mobile Payments, MPOS, nfc, PayPal, QR Code Payments, retailers, smartphone, Square, tablet, Tap to Pay
January 3rd, 2023 by Admin
Yet another payment solution on the horizon is the MCE initiative for smartphones and tablets. The new solution is being led by 7-eleven, BestBuy, CVS Pharmacy, Darden Restaurants, Lowes, Publix, Sears, Shell Oil, Sunoco, Target, Dunkin’ Donuts, Bed Bath & Beyond and WalMart. According to their website, “Development of the mobile application is underway, with an initial focus on a flexible solution that will offer merchants a customizable platform with the features and functionality needed to best meet consumers’ needs.” The company intends to make their application available on all major smartphone platforms.
This latest solution is a mobile wallet that has serious potential to change the way consumers fulfill their mobile payments. The mobile app links a customers smartphone directly to their bank account allowing merchants to accept non-cash payment without involving credit card processing fees.
Though this is a significant shift from other mobile digital wallet schemes, the biggest difference might be in Loyalty Card programs used to entice existing customers to stop and shop. The creative potential for these types of programs go well beyond gift card processing and extend to e-mail and social networking. Customers could receive special offers based on the word of mouth, social sharing they do for the large retailers.
This mobile payment solution is initially just for the big boys though. They are catering to their own needs currently and there is no future consideration for small to medium size business in their digital wallet. With how fast things change in the mobile payment industry, this too could change and usher in new currencies for universal digital wallet payments.
Posted in Uncategorized Tagged with: Digital Wallet, Merchant Customer, mobile payment, mobile wallet, payments, smartphone, tablet
October 18th, 2018 by Admin
As your business grows, your time seems to shrink. Here are some tips that can help you manage your time better.
Create a Plan
Creating a plan will always lead to a successful day. Organization will allow you to have a much more balanced day and better quality of life while running your business. Be sure to write down all the tasks you need to get done. Having them written down will give you a better idea of how much you have to do and what needs to get done.
Have a Calendar
Along with a list of all of your tasks, a calendar will help you figure out what else is happening throughout the day. Do you have meetings to go to, people to talk? A calendar will be your best friend for better time management. It will also help you block out time to get your to-do list done.
Prioritize
Now that you have your list and your list, it is time you prioritize and figure out what needs to get done first. A common mistake is to go down your to-do list as you wrote it and that is not efficient. Figure out your “Must’s”; “Should’s” and “can wait’s” so you can get the best out of your day. You will realize that many tasks are not as important for your productivity as you might think.
Delegate
Now that you see what you must do first, do you need to do it yourself? Perhaps some tasks do not require all of your attention. That is when delegating will be your greatest ally for time management. That run to the store for supplies can be done by your employee or family (if you run your business from home).
Learn to say no
Along with running and managing a business, there will be things that, while you would love to do, are not necessary for you to do. Learn to say no in a polite way and you will find yourself more organized and meeting deadlines faster. Sure, you might have a few disappointed people at first, but they will realize that you are working on being efficient for them and you and it will add value to your service.
Track your time spent
Do you feel you are spending way too much time on a task or job? Perhaps it is time you start tracking your time. This is an excellent tool for freelancers who find themselves working day and night. Tools like TopTracker can keep you accountable and give you perspective on how much time you are truly working. It will help you learn and adjust if necessary.
Eliminate Time Wasters
There are plenty of time wasters at the office! That e-mail didn’t need to be checked so many times, and that note could have waited for later. No, you do not need to check Facebook before work. Setting boundaries will allow you to become much more productive and have more time to do tasks like this after you have completed your list.
Always plan to be early
When it comes to meetings, calls or events, always plan to arrive early, this will help you prepare for unseen events like traffic jams or car problems. Practicing this habit will help you be on time and have less stress.
Take Small Breaks
To get all of your tasks done, you must take breaks. Taking breaks will allow your mind to rest for a few minutes and can help you become a lot more productive. Be sure to use your calendar so you can schedule some break time every day.
Focus
Lastly, focus. Know that the tasks needed need to get done in a timely matter. Be sure you focus and avoid any distractions while getting it all done. Focusing will help you be done with all tasks sooner than you think.
We hope these steps can help you get more out of your day and you can be in control of your time better.
Posted in Small Business Improvement Tagged with: business, business goals, calendar, data, delegate, efficiency, entrepreneur, entrepreneurship, freelancer, leaderhip, manage, plan, planner, planning, professionalism, smartphone, technique, time management, tools, track time
August 23rd, 2017 by Elma Jane
Over the last couple of years, the payments processing industry has had a major shakeup. Electronic payments are the new payment form to watch.
It’s hard to imagine that online shopping used to require you to mail a check or money order to the seller. Forget about sending your credit card information in an email.
In 2015, Apple launched Apple Pay. While usage was low at first, it quickly grew the following year. Competitors such as Samsung and Android have introduced their own digital wallets.
In a world where hackers and skimmers have customers and merchants on edge, payment security is a high priority. Digital wallets make transactions secure by removing the card from them altogether.
Credit card credentials are saved in a digital wallet on a smartphone. The customer can then make payments by placing their phone near a reader and authenticating it on the screen.
Many large companies have adopted digital wallets as a method to accept payments. You can even use Apple Pay in some drive-thrus.
Accepting digital payments is relatively simple. Most are compatible with other contactless Point of Sale systems, and they don’t even charge extra fees for transactions.
Credit Card Processing in the Modern Age
Technology is moving faster than ever, and it’s taking credit card processing with it.
Make sure to follow our blog for more articles about changes in the world of finance.
For Electronic Payment Set Up Speak to our Payment Consultant 888-996-2273 or Click Here to get started!
Posted in Best Practices for Merchants Tagged with: contactless, credit card, credit card processing, customer, Digital wallets, electronic payments, finance, merchants, payments processing, point of sale, Security, smartphone, transactions
June 27th, 2017 by Elma Jane
E-commerce has been growing, and now the overall market is starting to take notice; thanks to advances in online payment processing and electronic payment technology, as well as the willingness of almost all merchants to accept credit cards online.
E-commerce ecosystem are set to double and will account for a rising share of overall card payments. In addition to increased internet and smartphone penetration; more e-commerce merchants and an increase in the use of digital wallets.
Cardholders globally are becoming more confident in the security of the e-commerce channel, with the expected implementation of 3D-Secure 2.0 and increased use of sophisticated anti-fraud systems in many markets it gives consumer assurance that payment cards are safe to use for e-commerce purchases.
Trends indicate that e-commerce is the wave of the future for shoppers. But digital shopping is just one piece of the broader payments ecosystem.
For Electronic Payment Set Up Call Now! 888-996-2273
Let’s Get Started National Transaction.Com
Posted in Best Practices for Merchants Tagged with: card payments, credit cards, Digital wallets, e-commerce, electronic payment, merchants, online, payment, Security, smartphone
January 12th, 2017 by Elma Jane
Accepting non-cash payments from your customers are valuable. If you don’t, you will miss out on sales; because of the growing numbers of customers who only carry plastic or wish to pay online. Today, you have many payment solution options.
Credit Card Terminals – you might remember the beginning of the credit card era and i’ts evolution with today’s countertop terminals. From the traditional swipe of their credit, debit or even gift card to make a purchase to today’s modern terminals. Like accepting EMV chip cards (to be in compliance with a PCI mandate) and NFC payments like Apple Pay.
Beyond the basics; these systems are generally supported by reporting sites that can help you monitor sales, and assist you with maintaining customer loyalty programs.
E-Commerce Solutions – online sales are growing every year. If you are considering an expansion of your business online; you need a complete hosted payment solution for transactions in all payment environments. Including in-store, back office mail/telephone order (MO/TO), mobile and e-commerce, that make your customers’ experience as intuitive and efficient as possible.
Point of Sale Systems – smart registers have evolved into high-tech point-of-sale (POS) systems due to technology advances. Not only taking customer payments; but it can transform your business with an advanced marketing programs, inventory management and sales and profitability tracking and reporting. Over the past years these advanced systems have become cost-effective and easy to use.
Wireless Terminals – in today’s hardware you have the option of accepting payments wirelessly, through a full-service terminal that is smaller than a countertop model, or through a mobile card reader plugin for a smartphone or tablet.
The advantage of a full-service wireless terminal is that it allows for receipt printing on the spot through the device and most modern full-service wireless terminals are EMV compliant and accept both EMV (chip card) and NFC payment types.
Call now 888-996-2273 and speak to our payment consultant to know which solution is best for you.
Posted in Best Practices for Merchants, Credit Card Reader Terminal, e-commerce & m-commerce, EMV EuroPay MasterCard Visa, Mail Order Telephone Order, Near Field Communication, Payment Card Industry PCI Security, Point of Sale Tagged with: card reader, chip cards, credit card, debit, e-commerce, EMV, gift Card, mobile, moto, nfc, online, payment solution, payments, PCI, point of sale, smartphone, terminals, transactions
November 28th, 2016 by Elma Jane
Payment acceptance is key to making more money.
Let’s talk about your money, and how to make more of it. Today money is taking on a new form. It’s digital, it’s electronic and it’s everywhere and anywhere 24/7/365.
Payment acceptance is key to making more money. You don’t make more money by not accepting a transaction, and making the experience convenient and safe to your customer can bring loyalty.
Let’s break down a transaction.
Cash, but that would mean that the customer has to be in front of you. You could take checks, those are safe to mail, but then you don’t have your money until you drive to the bank and cash or deposit the check.
So how do we easily and securely transfer funds for a transaction? The answer lies in digital or electronic payments. Accepting credit cards, debit cards, ebt cards or even gift & loyalty cards and electronic checks. These provide secure and convenient ways to complete transactions for your customers. If you want to make more money, make it easy for customers to spend it while making it faster for you to receive it. That’s where a merchant account comes in.
A merchant account allows you to deposit funds directly into your bank account in as little as a few hours. Whether the customer swipes their card into your smartphone, calls it in over the phone or keys it into your web site, just having a merchant account can be a huge advantage over competitors.
It allows you to conduct transactions in more ways than cash or checks alone. Transactions are recorded automatically and can easily be reconciled for both customer and merchant. Most importantly it widens the opportunities to conduct sales to the widest customer audience possible.
No matter what you sell or how you sell it, the sale is only complete once the funds are transferred from one party to the other.
It’s important to recognize your missed opportunities. Could accepting electronic payments help increase your revenue stream? We’re here to help you make more money, let us show you the many ways we can do just that. Let’s talk, 888-996-CARD (2273)
Posted in Best Practices for Merchants, Credit card Processing, e-commerce & m-commerce, Electronic Check Services, Electronic Payments, Gift & Loyalty Card Processing, Mail Order Telephone Order, Mobile Payments, Travel Agency Agents Tagged with: credit cards, customer, debit cards, ebt cards, electronic checks, electronic payments, gift & loyalty cards, merchant account, payment, smartphone, transaction
November 22nd, 2016 by Elma Jane
Be with NTC and enjoy the full benefits of our Electronic Payment Services with high levels of service and security.
In addition, you can enjoy from e-commerce payment gateways to retail and restaurant solutions, business-to-business processing capabilities to electronic invoicing (NTC ePay).
NTC is offering a cost-effective credit card payment processing services that are very fast, secure and easy to integrate.
Get your Secure MerchantConnect Reporting Tool:
- Review and reconcile all of your transactions settle or batch settle and also much more.
- Create and save your custom reports that also can be imported or exported easily.
- Use our solution to turn any computer, laptop, smartphone or tablet into a processing center.
- Run & enjoy this on one or more devices to process credit card transactions with your merchant account.
- Peripherals allow swiping transactions and printing out receipts.
Our Merchant Cash Advance feature will help you very much to enjoy cash advance service. If your business accepts credit cards, getting cash for your business can be fast, simple and very easy.
Receive up to $150,000 per location in less than 10 business days—sometimes in as few as 72 hours.
National Transaction Merchant Cash Advance eliminates many hassles and delays common with bank loans.
Our Merchant Cash Advance builds on the strength of your business’ future credit and debit card sales, so a damaged personal credit history is not an immediate disqualifier.
Posted in Best Practices for Merchants Tagged with: bank, cash advance, credit card, debit card, e-commerce, Electronic invoicing, electronic payment, gateways, loans, merchant account, payment, payment services, Security, smartphone, transactions
