Imagine a world of 20 billion connected devices, all transmitting and receiving data. Now, imagine that a good portion of these devices can make payments and order products and services on your behalf. That’s not just in your head — that’s the Internet of Things (IoT), and as time goes on, these devices will be everywhere.
With bill splitting apps like Venmo rising in popularity, especially among younger demographics, many businesses are wondering about accepting those payment methods directly. While Venmo does allow for business use, there are limitations – as well as some concerns – to be aware of.
In conjunction with Womply, credit card processor Vantiv (now Worldpay) has announced that it offers a tool called BizShield, designed to assist small- and medium-sized businesses. BizShield helps with social media oversight and reputation management, market trends, and competitor analysis.
A business credit score measures the creditworthiness of a company and is based on information in a business credit report. It is used for various purposes, including as criteria for obtaining commercial funding.
Gone are the days of paper gift certificates that can’t be reused and are hard to track. These days, everyone is familiar with the gift card: a reloadable, credit-card-sized alternative.
You don’t need to be told what a customer loyalty program is – from frequent flier miles to buy-5-get-1-free coffee deals, these programs drive value-savvy customers into businesses and create long-term benefits in the form of returning customers.