Article | April 23, 2019

Payment Processing Trends ISVs Should Not Ignore

Source: BlueStar, Inc.

By James Korte, BlueStar

Mobile Terminal payments

Payment processing has come a long way within the past couple of years. With the new year among us, it’s important to be aware of the forecasted trends that will rock your world, especially if you’re an ISV. Take a glimpse at these five predictions for payment direction in 2019:

1. GOODBYE EMV, HELLO CONTACTLESS!

Quick turnover times and efficiency are of utmost importance when completing transactions in both retail and restaurants realms today. Time is money for both consumers and employers these days. It’s best to have the highest producing software and hardware solutions to appease both parties. EMV chip cards were the highlight of the year, with safe and encrypted payment processing at the checkout counter, but now it’s more about the speed of things to get you through the shift. 

Leaping into the new year, EMV Chip cards will be able work in coordination with contactless card readers, allowing for a broader range of accepted payment options. Not created yet, users will be able to take advantage of technology later in the year. Stay tuned!

VIEW THE ARTICLE!
Signing up provides unlimited access to:
Signing up provides unlimited access to:
  • Trend and Leadership Articles
  • Case Studies
  • Extensive Product Database
  • Premium Content
HELLO. PLEASE LOG IN. X

Not yet a member of Software Business Growth? Register today.

ACCOUNT SIGN UP X
Please fill in your account details
Login Information
I'm interested in newsletter subscriptions.
ACCOUNT SIGN UP

Subscriptions

Sign up for the newsletter that brings you the industry's latest news, technologies, trends and products.