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Visa Enables Installments: What Does It Mean for Businesses?
Buy now, pay later services are installment-based payment schemes that have experienced a surge in popularity over the past few years and have become a prominent part of modern eCommerce. In fact, BNPL hit $1.6 trillion in global market value in 2020, showing a 5% year-over-year increase and outpacing credit card expenditure which declined by 4% during the same period.
15.10.2021
Electronic Checks for Businesses: Definition, Benefits, and Implementation
The 2021 Q2 volume of eCheck payments reached a 7.3 billion count with a value of $18.4 trillion. That’s an increase of about 25% compared to last year. Such rapid growth makes more and more company owners consider offering this payment method to their clients. But what exactly is an eCheck, and how does it work? Read ahead to find out how such payments function and whether your business can benefit from them.
26.08.2022
What Are SMS Payments and How Can They Boost Sales?
The popularity of m-commerce sales is growing at a phenomenal speed. In the US alone, retail mobile sales hit $359.32 billion in 2021, demonstrating a 15.2% increase from the year before, and are expected to more than double by 2025, reaching $728.28 billion.