DCR’s Favourite Payment Industry Posts of March 2017

payment industry

One quarter of 2017 is already over, and what a year it’s been so far! When it came to great articles about the payment industries, the month of March came in like a lion… and out like a lion! Here are some of our favourite and most notable articles so far from across the web:

5 Ways To Drive Sales After The Holiday Season
“For many businesses, the “Holiday Hangover” is a real thing… But does the holiday buying boom need to end in a bust? Thankfully, the answer is no. By putting the following five practices in place, you’ll be able to avoid those post-holiday revenue blues and get back into sales mode. Start the new year the right way with a burst of sales, and you be able to see and feel the impact the rest of the year!”

Emerging Payments a Hot Topic on Social Media, Study Finds
“Consumers are expressing interest in and enthusiasm for emerging payment methods in their social media conversations, according to a new report. Mastercard’s fifth annual Digital Payments Study analyzed more than 3.5 million public interactions in 2016 between consumers on social media channels—including Facebook, Instagram and Twitter—to glean insight about consumer attitudes toward new payment technologies worldwide.”

20 Statistics That Prove Why Rebates Are Important To Your Business
“We’ve created a handy custom infographic to show you 20 different rebate statistics to prove why it’s important that your business offer them to consumers. From smartphones and digital coupons to customer satisfaction and the bottom line, take note, because the numbers don’t lie!”

More Incentives! That’s What Mobile Wallet Users Want, New Study Says
“Payments pundits for years have been saying consumers need incentives to use mobile wallets, and a new survey report from Auriemma Consulting Group has numbers to back up the claim.”

“Incentives can give consumers the push they need to use mobile pay,” said Jaclyn Holmes, director of Auriemma Consulting Group’s Payment Insights. “Their greatest impact will be on consumers on the cusp of using the method, but who need an additional nudge.”

How A Prepaid Program Can Help Improve Employee Expense Management
“Efficient management of employee expenses can make a substantial difference in the success of a company. However, employee expenses are often difficult to track, especially when your company lacks an effective system for managing expenses. Although employee expenses are a necessary part of business, lack of administration and abuse of company funds can prove detrimental… One of the best solutions any company can adopt is the implementation of a prepaid card program that is customized specifically for the purpose of managing employee expenses.”

Visa Tests Contactless Payment Sunglasses
“At South By Southwest (SXSW), Visa unveiled a proof-of-concept for payment-enabled sunglasses, according to CNBC. To use them, customers would link payment information to the glasses, presumably through a prepaid product or some type of app or website, and then could simply remove them and tap the side to any NFC-enabled point-of-sale (POS) terminal.”

Contact us today to find out how you can get a customized virtual MasterCard of Via prepaid program.

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