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2016/10/31

Making Mobile Payments Mainstream

Business Solutions Newsletter | October 31, 2016 | View web version here.
 

In This Issue:

Featured Articles
3 Restaurant Technology Trends To Watch
Restaurant operators must remain on top of trends if their operations are to remain competitive, whether they're related to food, business, or technology. Here are three new restaurant technology trends to watch as 2017 draws near.
PCI QIR Guidance From Visa

RSPA has received many questions from members about the impact of Visa's requirements—including questions that go beyond the answers outlined in Visa's bulletin on the subject (originally published in October 2015, and updated in January 2016). Recently, we took some of the questions we've received directly to the source, Visa.

Making Mobile Payments Mainstream

Current trends indicate mobile payments are finally poised to fully take flight and mature into majority adoption on behalf of merchants and consumers alike. Mobile payments are growing largely due to three factors: the EMV liability shift pushing merchants to upgrade to EMV capable terminals that use near-field communication (NFC) technology, the ubiquity of NFC-enabled smartphones among consumers, and the rise of multichannel retail operations leveraging in-app purchasing.

Use Cash Management To Expand The Trusted Advisor Role

Trusted advisors solve problems, but don't necessarily sell products. POS VARs who help their customers alleviate cash management challenges can also help themselves in the long term by becoming a trusted advisor. VARS who can build, integrate, and install cash management solutions for their customers will be rewarded for helping them solve a serious problem.

3 Card Security Questions — Answered

All U.S. retailers are now required to accept chip-and-PIN cards. Here are answers to three of the most frequently asked questions about this payment technology.

ISV's Advice On Raising Capital

Four ISV executives — Granbury Solutions' CEO Tom Bronson; Tony Glowacki, CEO of Gusto; Jon Halpern, co-founder and CEO of AthleteTrax; and Software Logic founder and CEO Luis Reyes — took part in "How To Build A Successful Reseller Program," a panel held as part of the Business Solutions ISV IQ Live! conference October 6 in Philadelphia. The four discussed different avenues available for raising capital and how to successfully grow a software business.

Niche Markets Offer Great Payment Revenue

More often than not, when we feature articles in Business Solutions on merchant processing, the articles tend to focus on traditional markets such as retail and restaurant. While those markets can be very lucrative, payment companies and savvy resellers know that there is a lot of processing volume to be had in niche markets. To help identify these niches and provide insight into how VARs can best experience success, we sought input from three experts.

What Automation Means For Hiring

One area receiving a great deal of attention in recent years is the hiring process. Most people know how this goes: HR gathers prospective employees' applications, the most promising applicants are chosen to interview, interviews are conducted, and someone is selected to fill the open position. It's a tried and true method, but that hasn't stopped organizations from finding ways to incorporate automated processes into it. In many ways, use of automation is almost a necessity, and, with the way trends are progressing, it's reasonable to assume automation to be a major factor in all hires well into the future.

Take Your Data On The Road

In a mobile and geographically dispersed world, work happens everywhere. Information needs to be entered into systems on the go and accessed at point of need without compromise. This is where web-based capture solutions can help. Here's how: Start by getting paper out of the process.

From The Magazine
What You Missed At ISV IQ Live
 

One of the highlights from the Business Solutions ISV IQ Live! conference in Philadelphia on October 6 was a panel of channel thought leaders discussing profitable partnering strategies for ISVs. We invited panelists to join us for a webinar to recap the partnering themes from the event.

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