Google is leading the way in the evolution of digital wallets and that evolution is all about the mimicry of physical wallets. Consumer surveys have consistently shown that a huge adoption surge is coming for any wallet that goes beyond payment card-only capabilities. In order to...
Beginning on April 22nd Canadian credit card processing fees will undergo a small shuffle. It's a bit of a mixed bag as Visa and Mastercard rates will be going in opposite directions. Mastercard will be going up and Visa down, but only for very specific types...
At a time when most payment industry eyes are focused on immediate credit card supply challenges, Juniper Research has just released the results of an interesting study that looks beyond our current chip shortages into the near-term future of credit card demand. The study projects that...
If you were to make a note of the next ten credit card terminals you used to make in-store payments you'd likely find that 8 of them were manufactured by either Ingenico or Verifone. That's a very concentrated market, which is why the credit card...
Twice a year, in April & October, Canadian credit card processing rates undergo an industry wide shuffle and the upcoming shift is going to have an especially large impact on merchants who store repeat customer data with their processor. A new rate category has been created...
Each year The Strawhecker Group release their highly coveted GEM awards for best payment Gateways. And once again a pair of Castle Builder Financial partners; Elavon, Inc. & First Data Corporation (Parent FIS) are major category winners. If you're unfamiliar with what Gateways do, they often...
I first starting working with credit card issuers more than 20 years ago and there have certainly been some interesting innovations in that time but I've never encountered anything like Save's new Wealth branded Visa card. For this card, rewards are linked to the performance of...
It was a lot of fun being interviewed by Tyler McClendon and Marc Wagner of Dentist On Demand for their first "Dentalbytes" podcast of 2022. We talked about some of the trends that are affecting the Dental profession in Canada. You can check out the full...
It's starting to look like 2022 will be the year that the semiconductor shortage begins to impact credit card issuers. Surpluses kept card issuers "in the chips" through 2021 while other industries suffered but a recent study by ABI Research projects a 740M card deficit...
For the hundreds of millions of consumers who use Google Pay and Apple Pay, it's time to prepare for a new stream of ultra-targeted digital marketing. Mobile-messaging platform Vibes recently launched their "Mobile Wallet as a Channel" service. This allows advertisers to embed digital content such...