Top Payments Industry Trends of 2021, So Far
Why Leading Merchants Choose OLS Payments: Enhanced Security, Cost Savings and Flexibility
For more than 20 years, we’ve worked hard to solve our customers’ challenges and helped them stay at the forefront of emerging payments technology. We understand merchants’ biggest payments challenges and look for solutions that add value to their businesses.
Recently, we shared a blog about how OLS Payments helps businesses add functionality and connectivity to their payments capabilities. Today, we’ll take a look at three other reasons why leading merchants choose OLS Payments as their payments orchestration solution – enhanced security, cost savings and flexibility. These are all key factors that are crucial to the success of a company and can make or break the bottom line.
Why Leading Merchants Choose OLS Payments: Increased Functionality and Simplified Connectivity
What Restaurants Need to Know About Online Order Settlement
The Importance of Vaulting and Tokenization for Omnichannel Retailers
What to Consider When Implementing QR Code Payments
Payments Tokenization Explained: How It Works and Key Benefits for Merchants
According to Nilson Report, credit card fraud losses reached $28.65 billion worldwide in 2019. On top of that, the U.S. is the most card fraud-prone country in the world, accounting for more than a third of the total global loss alone.
To combat credit card fraud, merchants need a foolproof way to make payments secure and protect cardholder data. They need to ensure that the data is never captured or transmitted within the systems in a human-readable format, no matter the payment method.