Despite some recent changes in urban mobility, cities still grapple with familiar challenges: strained infrastructure, concerning pollution levels, and, most notably, traffic congestion. The transition to Mobility-as-a-Service (MaaS) offers a promising solution but presents complex multifaceted hurdles, with payments emerging as a pivotal component. Addressing Urban Mobility Challenges Resolving these issues becomes increasingly challenging as […]
SaaS providers who effectively incorporate billing and payment solutions into their software can not only enhance customer value but also establish a consistent source of recurring revenue. However, it’s worth noting that many SaaS providers have yet to embrace this potential, highlighting a knowledge gap regarding the mission-critical nature of harnessing the right payments functionality. […]
Selecting the appropriate payments vendor holds crucial importance for businesses seeking growth, especially in the era of rising online transactions. A payment service provider (PSP) capable of seamless scalability and handling high transaction volumes is essential for growing businesses. While the Request for Proposal (RfP) process aids in evaluating a payments provider, we’ve outlined seven […]
In today’s dynamic era, artificial intelligence is gradually integrating into our daily lives, with virtual assistants like Alexa and Siri replacing traditional personal aides. AI-powered cameras, robots, and vehicles have also become commonplace, reflecting the widespread adoption of AI and digital transformation across various sectors, including the digital payments industry. The expansion of digital payment […]
Not too long ago, CEOs and major banks firmly believed that physical bank branches were indispensable for serving their customers. However, in the past decade, we’ve witnessed the rise of Digital Banks. These banks operate without physical locations yet successfully expand their user base and offer additional services such as insurance, mortgages, and loans. In […]
For many modern businesses, utilizing a Point of Sale (POS) system is a crucial element that enhances sales optimization. This involves aspects like deriving marketing insights from product demand and effectively managing expenses, inventory, and staff. Often, POS-related terms are used interchangeably, leading to confusion between POS transactions, POS systems, and POS terminals. Here are […]