PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

Six Trends to Watch in Merchant Services:

By PaymentsJournal
April 12, 2021
in Merchant, Truth In Data
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left of your screen to receive notifications as soon as the episode publishes.

Data for today’s episode is provided by Mercator Advisory Group’s Viewpoint: 2021 Outlook: Merchant Services

Six Trends to Watch in Merchant Services:  

  1. Buy Now Pay Later will continue its rapid growth this year as COVID influences online spend and consumers tap traditional credit lines.
  2. Merger & Acquisitions in merchant services will continue, likely focused on ISVs, fraud management, and gateway companies.
  3. E-Commerce marketplaces will ride the wave of online shopping – and not just Amazon! Shopify, BigCommerce and other platforms will play an increased role. 
  4. More e-commerce brings increased Card Not Present (CNP) fraud. Next to payment providers, fraud management vendors are merchants’ best business partner right now.
  5. Another EMV fuel pump compliance date fast approaches, but don’t be surprised if the target date is deferred due to the pandemic. 
  6. Mobile sports betting will reach escape velocity, with many sports returning without fans in seats, 

About Report

Five years compressed into one. That’s how Mercator Advisory Group estimates the accelerated pace of online sales growth brought on by COVID-19’s impact on merchants in 2020. The stay-at-home lifestyle has transformed the scene at most Main Streets and malls into empty storefronts and silent restaurants. 

As essential retailers, groceries and big box stores have thrived, but they also owe their success to having pivoted smartly to e-commerce at a rate and scale that ensured their survival. Post-pandemic era merchants will leverage digital ordering, payment, and fulfillment as preferred ways to engage and maintain their customers. 

As the calendar turns to 2021, this Merchant Services Outlook peers into the future, looking for what proactive merchants and their payments partners should do to increase their chances of success.

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Tags: Buy Now Pay LaterCard Not PresentE-commerceEMV at the PumpMerchantMerchant ServicesMergers and AcquisitionsSports BettingTruth In Data

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    push notification bank

    From Bland to Beneficial: Using Push Notifications to Reach Business Customers

    May 16, 2025
    recurring payments, PCI Compliance for small business, Fintech for Underserved Small Businesses

    Tariffs May Create an Opportunity in Small-Business Cards

    May 15, 2025
    Using the Card “Beyond” Payments to find the Holy Grail

    Using the Card “Beyond” Payments to find the Holy Grail

    May 14, 2025
    Payments Modernization

    Playing Offense and Defense: Why Now Is the Time for Payments Modernization

    May 13, 2025
    Authorization Rates

    Boosting Revenue for Merchants by Optimizing Authorization Rates

    May 12, 2025
    Why Payment Orchestration is the key to international merchant growth

    Ensuring Payment Decisions Pay for Themselves

    May 9, 2025
    cross-border

    As Businesses Reevaluate Cross-Border Relationships, Financial Institutions Can Help

    May 8, 2025
    Nacha WEB Debit Account Validation Rule Verification Solution, Quovo ACH Payment

    The Brave New Future of the Disappearing Account

    May 7, 2025

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result