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Looking Ahead: 2022 Predictions for the Payments Industry

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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.
Andy Orrock's 5 2022 Payments Trends

Andy Orrock Shares 5 Retailer Payments Trends for 2022

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Andy's article 5 2022 Payments Trends Retailers Need to Know is live on the Retail IT Insights website.
2021 Turkey Five Payment Prep

Your 2021 “Turkey Five” Payments Prep Recipe

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Americans across the country will soon be feasting on turkey, green bean casserole, cranberry sauce and mashed potatoes. In preparation, families bring out their favorite recipes to share with loved ones and get all the ingredients they need for a successful Thanksgiving. And retailers need to do the same.

Thanksgiving kicks off the five biggest shopping days of the year – the Turkey Five. Ahead of the big event, retailers must have their payments processes in place to handle numerous transactions and ensure that security breaches don’t “wreak havoc in the kitchen.”

pay with cryptocurrency

Flexa Partnership Enables Seamless Digital Currency Acceptance

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According to a study from PYMNTS, crypto ownership has been on the rise, up 63% year over year. The study also found that more than half of current or former crypto owners made at least one purchase with digital currency last year. Meanwhile, 59% of consumers who have never owned crypto are interested in making a purchase with it in the future.
Paying via QR Code

Top Payments Industry Trends of 2021, So Far

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The payments landscape has shifted dramatically this past year. These changes were especially quickened by the pandemic as both merchants and consumers continued to look for alternative ways to safely complete transactions.   As Forrester…
Secure Cardholder Data

Why Leading Merchants Choose OLS Payments: Enhanced Security, Cost Savings and Flexibility

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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.

Woman at the grocery checkout

Why Leading Merchants Choose OLS Payments: Increased Functionality and Simplified Connectivity

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Since its launch in 1996, OLS Payments has built long-term relationships with top retail, hospitality, healthcare, financial and technology providers globally. Our goal is to help merchants process existing and emerging payments in the simplest, most secure and cost-effective way. As a leading partner for global payments, OLS Payments offers software and services that empower clients to create payment ecosystems of the future. Merchants choose us because they can leverage one of the most powerful omnichannel payments orchestration engines in the industry to increase functionality and simplify payments complexity.

What to Consider When Implementing QR Code Payments

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If you’ve dined out at restaurants or went shopping lately, you may have noticed that more businesses are offering QR code payments. Juniper Research predicts that the use of QR codes for electronic payments will surge over 300% over the next five years.