
Top Payments Enhancements World-Class Merchants Are Adding Now
Merchants are striving to expand their payments enhancements…

Are These Essential Elements Missing From Your Payments Environment?
Payment systems have seen enormous growth in recent years. The…

Alternative Payment Solutions to Expand Your Customer Base
For most merchants, getting paid is intrinsic to the success…

Why You Need a Future-Ready Payment System
Business environments are continually evolving, whether it’s…

Enable Greater Payment System Security with a Next-Gen Switch Provider
Consumers want to feel confident about the security of their…

Why You Should Include Emerging and Alternative Payments In Your Payment System
Today’s consumers expect merchants to do more, specifically…

How a Payments Orchestration Partner is the Next-Gen Switch Provider
Merchant needs are continually evolving, in a constant crunch…

OLS Payments Executive Spotlight: Andy Orrock
If you’ve ever had a conversation with Andy Orrock, you most likely walked away having learned something new and fascinating.
For more than 30 years, Andy Orrock has created and been chief operator of innovative enterprise-class payment systems for Fortune 500 retailers. As vice president, software engineering, Andy oversees the strategic direction, development and operation of the payments solutions that OLS Payments provides. He’s been chief architect of several OLS Payments services, holding a patent for a bridge service designed to maximize uptime for retailers.

Improving the Holiday Returns Process With Transaction-Based Payments Tokenization
According to the National Retail Federation (NRF), consumers returned an estimated $428 billion in merchandise to retailers in 2020, approximately 10.6% of total U.S. retail sales in 2020. Following the 2021 holiday season, UPS says it is on track to process more than 60 million return packages between Nov. 14 and Jan. 22 – a 10% over last year. In addition, one in four Americans is expected to make a return.

Looking Ahead: 2022 Predictions for the Payments Industry
It’s hard to believe that another year has already passed. At OLS Payments, we have seen rapid changes and growth in 2021. Businesses looked to prioritize and overcome payments security challenges. We also saw merchants meet consumers’ growing demands for fast and contactless methods as a result of the pandemic.