Historically, businesses have viewed payments vaults as a security and compliance cost of doing business, but with advancements in areas such as tokenization and life-cycle management, vaults can already help merchants save time and money. PYMNTS examines how third-party vault automation can drive new sources...
Credit card vaults are essential to payment card industry (PCI) compliance. Vaults can do more than secure sensitive data to meet regulatory requirements. A recent survey showed that of the nearly 70% of online carts that shoppers abandon, 18% are because they do not trust...
Consumers are craving digital payment experiences, the pandemic having whetted their appetites by expanding digital use to a wider range of retail transactions. PYMNTS research found that 30% of consumers are very or extremely interested in trying a new payment method, including digital wallets, QR...
Merchant aggregators and marketplaces looking to compete globally must be able to support a broad range of merchant customers’ payment service provider relationships both swiftly and easily. Spreedly’s Randy Guard explains how payments orchestration enables platforms to add merchants’ preferred gateways at the flip of...
June 15, 2023
Credit card vaults are essential to payment card industry (PCI) compliance. Vaults can do more than secure sensitive data to meet regulatory requirements. A recent survey showed that of the nearly 70% of online carts that shoppers abandon, 18% are because they do not trust a site with their credit card data. Checkout friction is […]
April 27, 2023
With the rise of eCommerce bringing more retailers than shoppers could ever exhaust, consumer-facing businesses of all types fear cart abandonment above nearly everything else. Never has it been easier...
February 24, 2023
Merchants are expanding their operations abroad on a grand scale, taking advantage of the eCommerce boom to market in new regions and demographics. While industry giants such as Alibaba and...
December 16, 2022
The pandemic brought merchant aggregators — marketplaces that onboard and provide crucial platforms for individual merchants — to the forefront of the payments ecosystem. Demand continues to generate new, more...
