Author: Antony Robinson
Card payments across Europe totalled over € 3.8 billion in 2020. And as contactless buying soars, virtual cards are coming into their own.
The widespread emphasis on dynamic flexibility and interconnected solutions for a post-COVID economic resurgence is indicative of digitalization’s strong influence on global decision making, as well as, its value building abilities in the face of a global challenge. And contactless payment solutions are an important indicator of this.
Reducing payment declines is critical in creating a smoother checkout process, improving sales and creating customer delight. Visual appeal, functionality, and security are crucial touchpoints that businesses have to look at in order to boost payment acceptance.
New laws to counter fraud are coming into effect in the EU. Understand how this impacts your business and your customers