article thumbnail

RT2: A strategic transformation for UK payment providers

The Payments Association

This represents a strategic shift for payment providers, affecting cost structures, risk exposure and increasing competition. Additionally, organisations must focus on product development that exploits enhanced functionality and process redesign for streamlined operations to maximise returns on these investments.

article thumbnail

What is a Payment Processing System and How Does It Work?

Stax

Cost structure All payment gateway providers charge transaction fees. Understanding the costs involved helps you choose the right solution based on your businesss budget. Payment processors with integration issues lead to operational inefficiencies and diminish the return on investment.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How GDP Trends Impact the Payments Industry

Clearly Payments

non-cash payments increased 6%, with card-based transactions accounting for the vast majority of monthly spending as GDP-supported confidence returned. Why This Matters to CFOs and Payment Leaders For CFOs, monitoring GDP is more than just following headlines, it’s about anticipating shifts in cash flow, payment volume, and cost structures.

article thumbnail

Analysed: The future of point of sales (POS) systems

The Payments Association

Customer relationship management integration yields particularly strong returns. This shift from capital expenditure to operational expenditure provides strategic flexibility whilst reducing the total cost of ownership. Installation and setup services typically add US$500 to US$1,500 to the total implementation cost.

article thumbnail

New Study: 2018 State of Embedded Analytics Report

Why do some embedded analytics projects succeed while others fail? We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.

article thumbnail

POS Systems For Retail Stores: How They Work And How To Select The Best System For Your Business

Stax

Budget considerations POS systems vary when it comes to cost. Its vital to evaluate the upfront and ongoing costs to choose one that matches your budget. Heres a breakdown of cost structures to expect: Upfront pricing – Mostly adopted by traditional POS system providers.

article thumbnail

JPMorgan Offers Roadmap On Investor (And Tech Investment) Returns

PYMNTS

Banking giant JPMorgan Chase will look to invest more money in its credit card business, continuing a trend of technology initiatives focused on mobile in the mid-term while eyeing returning cash to shareholders.

article thumbnail

5 Early Indicators Your Embedded Analytics Will Fail

Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".