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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.
Andy Orrock's 5 2022 Payments Trends

Andy Orrock Shares 5 Retailer Payments Trends for 2022

Andy's article 5 2022 Payments Trends Retailers Need to Know…
2021 Turkey Five Payment Prep

Your 2021 “Turkey Five” Payments Prep Recipe

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.”

grocery receipt

Top Three Payments Considerations for Grocers

Fueled by the pandemic, the entire grocery industry is evolving rapidly to offer shoppers faster, easier and safer ways to buy groceries. According to McKinsey, “Powerful trends, including new competitive pressures, technological advances, and evolving consumer attitudes and behaviors, will disrupt the grocery business from coast to coast in the next few years.”

Grocers adapt to changing consumers’ needs by evaluating payments processes and technology to ensure they’re driving a frictionless experience. Whether grocers realize it or not, payments play an essential role in all parts of the shopper’s journey. As they keep up with the rapid evolution, grocers should consider three ways to enhance their payments system.

Ron Barker's article on Seamless Omnchannel payments is live at Total Retail

Ron Barker pens article on Seamless Omnichannel Payments for Total Retail

Ron's article "Vaulting and Tokenization Are Key to a Seamless…
Sumit Varshney article at PaymentsJournal

Sumit Varshney shares Insights on Avoiding Data Breaches via PaymentsJournal

In this article contributed to PaymentsJournal, Sumit shares…
Sumit Varshney talks mPOS popularity with Payments Dive

Sumit Varshney talks SMBs and Mobile Point-of-Sale with Payments Dive

Tap-to-phone payments are growing in popularity. Our Sumit Varshney…

The Importance of Vaulting and Tokenization for Omnichannel Retailers

When the pandemic hit last year, retailers who previously relied…

What to Consider When Implementing QR Code Payments

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.