Credit Card vs Debit Card Decline Rates: Are Credit Cards Worth the Processing Fees?

In the Consumer’s Eyes: Credit Card vs Debit Card It is hard to imagine that the introduction of credit cards goes all the way back to 1950, well before the invention of laser, computers and many other technological advances. In fact, the first laser, (whose successors are the main tools for reading credit card information) was developed in 1960 and people had to wait another 14 years to witness the first barcode scanner. Later in […]

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Free Your Business From Payment Data Silos

The word “silo” originates from the Greek word “siros”, which means “a pit to keep corn in.” And there might be nothing more nostalgic than a picturesque red barn with corn silos. Those in technology have a different thought: one of “data silos.” In the era of big data, data silos are a topic of interest and not so nostalgic. Instead, the conversation revolves around how bad silos can be and how to get rid of them […]

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You’re a Startup’s First CPA, Now What? 5 Tips for Success

In December of 2015, I walked into a lawyer’s office in downtown Durham, NC and went up to the second floor to find three dudes in an open room, standing around a handful of long tables. A few weeks later, this became my new office. I was hired as the first (and currently only) CPA – Certified Public Accountant – to work at Spreedly – a financial technology startup focused on democratizing participation in online […]

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A Travel Platform’s Dilemma

The Tale of Two Travel Platforms: Meta Search vs. Merchant of Record There are two payment approaches a travel platform can take, a Meta Search Website and a Merchant of Record. Both approaches are markedly different, each having their own pros and cons. Despite the differences, however, travel meta search websites and merchants of record face similar challenges: how to increase payment transactions and reduce PCI scope. Fortunately, a single solution solves for both. Travel meta […]

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Spreedly Insights: Reduce Failed Online Credit Card Transactions

Spreedly’s mission is to democratize participation in payments by connecting platforms, online merchants, payment providers and other PCI compliant services. Information is one critical pillar of openness and, with that in mind, we’re proud to announce that Insights is available to all Spreedly customers. The idea behind Insights is simple yet extremely powerful: provide accessible insights into your payment gateway data to help you track and reduce failed online credit card transactions. Introducing Insights Insights […]

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API Docs by Request

While it’s all the rage to make your API docs publicly available, is it such a good idea? Just because Twilio blabs to any random person about exactly how to make a phone call with their API does that mean you should? If Twilio stuck their head into the oven would you do it too? There are a bunch of good reasons to make people jump through hoops to get access to your API docs. […]

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