Accrue’s Post

The payment landscape is evolving, but are you keeping up? 🏦 Distributing payments to customers isn’t new, but the variety of demands today can feel overwhelming. Relying on paper checks and mail-in rebates may seem outdated, especially for ecommerce retailers serving digital-native shoppers. With more options for disbursements, confusion can set in: Which methods are best? What do customers prefer? At Blackhawk Network (BHN), connecting brands and customers through payments is our expertise. To better understand preferences, we commissioned a multinational survey, exploring eight different payment types—from paper checks to Venmo to virtual prepaid cards. We also gained insights into a crucial but often-overlooked group: those with limited access to modern banking services. If your company frequently sends out payments, take note—there are clear preferences at play. Understanding this study is your first step toward building stronger connections with your customers. Link to our ebook is in the comments. #Payments #CustomerExperience #Ecommerce #DigitalTransformation #BHN

More Cashback. For Less. --- Cashback programs are essential tools for customer retention, but they come with high costs. Wouldn't it be great, therefore, if you could offer more cashback, for less? Gift Hub, the latest innovation from Loylogic, offers consumer engagement campaigns that are not only impactful but also 50% more cost-effective than traditional cashback models. It’s time to rethink rewards and embrace smarter, more sustainable strategies that protect your profit margins. To transform your cashback program with Gift Hub, schedule your consultation today 👉 https://2ly.link/1ztLW #Banking #CustomerEngagement #Cashback #Profitability

New possibilities with our latest Conditions feature! 🚀 Attention, merchants! We’re thrilled to announce an exciting upgrade to our Dashboard that empowers you like never before. With our new functionality, Super Admins can now add or remove #conditions in the “Best Condition for Approval” section. Imagine the power of customizing your approval criteria with specific factors like BIN numbers and merchant names — all at your fingertips! 💡 This means more precise #control over your transactions, enhanced #approvalrates, and ultimately, a #smoother experience for your customers. Curious about how this can revolutionize your approval process? Dive into your Dashboard now! Your journey to optimizing payment approvals starts here. 💪 Stay tuned for more features designed to elevate your business!

As the discussion gets more and more specific around #payment types, #bnpl is another crucial method of payments and it’s exciting to listen to all the large merchants like Rema R. from Uber which are very consumer centric, Laura Treude from Douglas… focusing on customer protection again, and always wants to work with the best #fraud management company… expertly moderated by Mark Beresford from Edgar, Dunn & Company. As they are rightly saying on the panel, use the company with the largest market share when they look at a #payments company! Customers trust brands and hence it’s all the more important to talk about reputation and #trust! ACI Worldwide Raffaello Pitton Richard Jolly Salvatore Perrotta Mark Creemers https://lnkd.in/d_Y3k3vE

Glenbrook's Elizabeth McQuerry will discuss fast payments insights and trends for merchants on this upcoming webinar with the Merchant Advisory Group and the U.S. Faster Payments Council. If you are a MAG merchant member or sponsor, register today! #payments #merchants #fastpayments #fasterpayments #retailpayments

Big news in the world of credit card fees! A recent landmark settlement could revolutionize loyalty programs and consumer spending. iSeatz dives into what this means for banks, merchants, and savvy consumers. The upcoming cap on swipe fees promises more than just cost savings—it’s poised to be a catalyst for innovation in loyalty programs, giving cardholders more value and personalized experiences. Learn how financial services can leverage these changes to enhance customer engagement and loyalty. Read our full analysis and discover the future of credit card loyalty programs here: Swipe Fees Capped: Shakeup for Loyalty Programs https://hubs.ly/Q02v1Qnr0 #CreditCards #LoyaltyPrograms #Finance #Retail #SwipeFees #iSeatz #ConsumerSpending #FinancialServices

Greetings everyone, Over five decades in the credit card processing industry, I've observed the continuous pivot towards more customer and merchant-friendly models. One such model is the cash discount program. It's not just a buzzword, it's a game-changer for businesses everywhere. But what exactly is it and how is it transforming businesses today? Cash discount programs eliminate the burden of credit card processing fees for merchants by passing them onto the customer. No, it's not just shifting fees; it simultaneously encourages customers to pay by cash, reducing card transactions and their associated costs. Empowered by these programs, businesses save thousands of dollars annually, marking a shift from the traditional transaction fee model. At the forefront of this money-saving revolution is Royalty Cash Discount. With an innovative solution that comes with a professional greeting and cash discount notification to customers, #RoyaltyCashDiscount is making waves among business owners. The program helps businesses adjust for inflation, safeguard profit margins, and ensures the business growth isn't thwarted by pesky card processing fees. How does it work? Each sale automatically factors in a small customer service fee when a customer opts to pay via credit card. This fee is retracted when the customer pays with cash or debit card- a win-win situation for both merchants and customers. What’s even better, this program is designed to be compliant with all card brand rules and regulations, taking the headache out of fee management. And what if I told you there's even more to #cashdiscount than saving on processing fees? Yes, with Royalty Cash Discount, businesses can enjoy a royalty check each month based on their credit card processing volume. It's not a refund, it's a reward! It's just another delightful way they help you keep more of your hard-earned money in your pocket. So, if you've been wondering how to enhance your bottom line, elevate customer loyalty, and not worry about credit card processing fees, check out cash discount programs today. Ease your financial pressure and join the revolution. Till then, happy saving! #PaymentEvolution

Sparkle up your business with payment solutions for all credit types. You now have other solutions to offer to consumers who may not fit into your current offerings. Elevate your customer’s shopping experience. Learn how today. https://myaff.us/tpk1u5pl #PaymentSolutions #NewCustomers #AmericanFirstFinance

How are merchants’ top payments priorities evolving? Merchant payments leaders across industries are seeking ways to increase revenues and add value through loyalty programs and new partnerships, even as managing payments costs continues to be a top priority. Read more in our latest 2024 Voice of the Merchant study, conducted jointly with the Merchant Advisory Group > https://owy.mn/3zo7ibs #payments #MerchantPayments

In the ever-evolving landscape of digital commerce, the ability to process credit card payments stands as a cornerstone of business growth. Our latest blog post goes into the vital considerations for businesses ready to embrace this capability. From choosing between traditional merchant accounts, payment service providers, and electronic payment solutions like ReliaFund, we offer a comprehensive guide to navigating your options. Discover how the right payment processing partner can transform your operational efficiency and elevate customer satisfaction. Explore the article for actionable insights → https://lnkd.in/gDAByPcC #BusinessGrowth #CreditCardProcessing #DigitalCommerce