Articles
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The Top Five FinTech Trends for 2022
June 7th, 2022
The ability to move money electronically, invest in cryptocurrency, use bots to aid in our finances, and quickly retrieve information about our accounts comes from years of work by financial technology companies.
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Payment Trends Shaping Businesses of All Sizes
May 12th, 2022
With technology changing so rapidly, it can be hard to keep up with the latest payment trends. Understanding the variables of change pertaining to consumer payment preferences can help you choose which payment tech is best for your customers. Reach out for more information on how we can help.
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Stephanie Lusher Wooten Joins PayTech Trust as President
March 8th, 2022
PayTech Trust, a leading integrated payments and commerce solution provider, today announced the addition of Stephanie Lusher Wooten as President. With this leadership appointment, PayTech Trust strengthens its position within integrated payments and enhances its go-to market strategy and solutions suite.
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What to Expect from the Payments Ecosystem in 2022
January 31st, 2022
The end of 2021 witnessed a turn toward a sense of normalcy, at least among consumer purchasing levels. However, recent payment trends, including QR codes, contactless payments, and other financial […]
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Financial services companies are planning to modernize their technology in 2022
January 13th, 2022
For business owners and merchants looking to modernize how they process financial transactions for their customers, it makes sense to investigate the latest innovations for payment gateways. Understanding upcoming 2022 […]
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Understanding Major Payment Trends that Will Shake Up Banking in 2022
December 30th, 2021
In recent years, the mainstream financial sector has seen a lot of changes, with the pandemic driving rapid business digitalization and an overall shift to online commerce and solutions that enable consumers to make purchases in more convenient and secure ways.
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Merchant Cash Advance: Working Capital for Bigger Business Building
December 1st, 2021
Working Capital is a “Must Have” to Grow your Business If growing your business was always as straightforward as increasing the number of customers you serve or selling more products, […]
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What is a Payment Gateway? How Do Payment Processors Offer Gateway Solutions?
August 28th, 2021
Payment gateways and payment processors are essential elements to executing online payment facilitation for merchants. But while they are both essential, each has its own specific function.
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Understanding the Payment Stack Industry
August 12th, 2021
The payment landscape seems complex, but the concept of a payment stack is pretty simple. Each card transaction consists of a unique set of software and services, usually involving multiple […]
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What is a Merchant Account, And How Do I Get One?
July 30th, 2021
A merchant account is a type of bank account that allows businesses to accept credit and debit card payments. It is an agreement between a retailer, a merchant bank, and a payment processor for the settlement of credit card and/or debit card transactions.
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Top Features to Consider for Merchant Account Services
July 12th, 2021
Merchant account services provide credit card processing equipment and software like credit card terminals, point of sale systems (POS), and online payment gateways, enabling merchants to process credit card payments. But how do you select the right merchant account service provider to meet your needs? Here are some things to consider when selecting a merchant account service:
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What is a Payment Facilitator?
June 29th, 2021
The past year has demonstrated that innovation is more important than ever, as consumers and merchants alike moved to create new opportunities for real-time online payments. During the pandemic, the […]
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6 Payment Trends Affecting Businesses in 2021
June 8th, 2021
The pandemic created rapid changes in how people interacted with the world, how they shopped, and even how they paid for purchases. As social distancing rules were imposed for public safety, the demand for contactless payment systems grew.
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Online Payment Software & Billing Services for Small Business
May 26th, 2021
As a small business owner, you are always looking for ways to streamline processes, work smarter, and continue to grow your bottom line. Making payments easier for your customers is […]
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Online Payment Solutions for Small Businesses
May 10th, 2021
Making payment options more convenient for your customers, such as offering online payment options, means that you get paid faster. Providing opportunities for your customers to make their payments online also offers better security and saves everyone time.
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Social Commerce Selling Online – Targeted advertising and selling directly from social media channels
April 28th, 2021
"Social Distancing" may be the catchphrase of the Covid-19 pandemic, but social media is its lifeblood. As citizens stick close-to-home for health and safety reasons, relationships – both personal and professional – blossom online.
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Expanding Customer Touchpoints – Delivering New Experiences
April 6th, 2021
During the Covid-19 pandemic, consumers demanded a purchasing experience that was fast, safe, secure, and convenient.
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Adjusting Customer Loyalty Programs to Drive Sales
March 23rd, 2021
Over the last year, small businesses adapted as consumers changed their shopping behaviors in response to Covid-19. With an emphasis on safety and convenience, customers demanded faster, easier, and safer […]
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Future of Digital Payments and Key Trends to Understand
March 8th, 2021
Health and safety remained top-of-mind for consumers throughout 2020 as the Covid-19 pandemic triggered a desire for convenient, reliable, and safe financial transactions. In fact, according to Visa’s Back to […]
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The Future of Commerce : Understanding Why Contactless Is Here to Stay
February 25th, 2021
Small business owners are well-versed in removing barriers, from finding new ways to expand and invest in their enterprise to ensuring that their customer experience is fast, easy, and optimized. […]
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2021 Visa Back to Business Small Business Findings: Understanding the Road to Recovery
February 9th, 2021
Regaining momentum after any economic downturn is challenging. In the wake of Covid-19, small businesses face a seemingly daunting gauntlet: an altered economic landscape and a new set of consumer […]
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Contactless Payments: Touch-Free Trends to Understand & Adopt
January 11th, 2021
The coronavirus pandemic’s impact will be felt for years, but one side effect has already swept the business world. The pandemic created an emphasis on cleanliness and social distancing, and with that came a new look at cash and traditional credit card payment protocols.
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2021 Outlook: Top Payment Processing Trends
December 28th, 2020
There’s no way to understate it: 2020 has upended many things, including how consumers are spending. As consumers became more health-conscious in the wake of the pandemic, contactless spending emerged as one of the strongest consumer tech winners.
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Are You Secure? Data Security in the Age of Advanced Vulnerability
December 3rd, 2020
Small Business Preventative Care – Data Breach Protection Did you know that every business is at risk of experiencing a data breach? Regardless of size, any business can be targeted […]
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Fraud Prevention: Enabling Payment Gateway Detection
November 12th, 2020
When you set up a new business, staying one step ahead of hackers probably wasn’t part of the business plan. But operating any kind of business now mandates cybersecurity consideration, […]
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Mobile Wallets: Payment Technology for Customer Satisfaction
October 30th, 2020
Consumers still rely on credit or debit cards, but the convenience of the mobile wallet means that the physical card is no longer necessary. In a post-COVID world, many customers don’t want to hand over a credit card and let a stranger touch it or swipe at a machine.
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Northern VA Bank Announces Partnership with PayTech Trust
October 14th, 2020
FVCbank, a community bank based in Northern VA, DC & Maryland is announcing their partnership with PayTech Trust. PayTech Trust also based in Northern VA is a credit card processing […]
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Contact List Security: Protecting Your Lists
September 24th, 2020
As the majority of business transactions move online, whether through contactless payments or virtual terminals, the risk of hacking and data breaches is a major concern for businesses and consumers […]
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Virtual Terminals: Transition Away from In-Person Payments
September 8th, 2020
There’s a relatively new phrase bubbling up among small businesses: “Virtual Terminal.” While that sounds high-tech and perhaps out of a future-looking movie, the truth is that virtual terminals have […]
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Fraud Prevention & Protection Efforts
August 26th, 2020
According to a recent Nilson Report, credit card fraud in the U.S. hit $9.47 billion in 2019, accounting for 33.99% of gross card fraud losses worldwide.
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Simplifying Your Payment Stack
August 12th, 2020
Can your payment stack meet the challenge of the new consumer landscape? Are you struggling to manage accounts, integrations, payment data, and payouts? Are you outgrowing the solutions you’ve relied upon to help you provide a streamlined purchasing experience for your customer?
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Digital Invoices for Small Business Growth
July 29th, 2020
One of the most significant benefits of electronic invoicing is automation. By removing the need to manually input data, e-voicing streamlines the accounting process, allowing for a swift exchange of information that speeds up payments and billing.
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Did you Know: Data Security & Encryption Standards
July 8th, 2020
With over 150 billion U.S. dollars in non-cash transactions carried out in the U.S. every year, it’s easy to see why credit card information is continually targeted by online thieves. […]
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It’s Not You, It’s Me: Understanding Outdated Payment Technology
June 10th, 2020
Consumers want their purchases to be quick and painless. Lags in processing or concerns about the security of their sensitive data are snags that can impede not just one purchase […]
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Breaking News: Big Banks Unfairly Provide PPC aid
May 14th, 2020
Lack of stewardship in a time of crisis. At a time when COVID-19 is affecting millions of lives and small businesses across the country, four of America’s biggest banks have […]
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Loyalty Programs: Enhancing Customer Loyalty to Unlock Growth
April 16th, 2020
Building sales is the ultimate goal for business growth, and utilizing sustainable tools to help build sales should be constantly evaluated for evergreen and seasonal selling opportunities. As successful sales […]
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