Cash me if you can: simple steps to lower your credit cards decline rate

Part 1: Credit Card vs Debit Card Decline Rates: Are Credit Cards Worth the Processing Fees?   “There is not much merchants can do about credit card declines” is probably not the best start for an article about lowering decline rates. Nevertheless, it is not far from the truth. Almost half of the declines occur due to the cardholder’s lack of funds. Add to this the variety of preventative measures by banks and financial institutions to […]

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Spreedly and Omnivore

Spreedly has always taken a developer first approach to allowing new types of commerce to occur that are both secure and innovative. One of our core abilities is to allow credit card data to be submitted to PCI compliant third party API’s, which in turn enables all kinds of new models for travel, ticketing, food and beverage and other verticals. Omnivore, itself focused on a developer-centric API offering for restaurants and the supplier network that […]

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Verizon 2017 PCI DSS Report – Hospitality Industry & Retail at Risk

Here at Spreedly we pay a lot of attention to PCI DSS compliance. As a company that handles millions of payment transactions on behalf of our customers we are a PCI Level 1 Service Provider. And one of our core offerings is a set of solutions that securely capture and collect payment methods, helping our customers reduce their PCI scope. So, we received Verizon’s 2017 Payment Security Report with interest. The report delves into the […]

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Latin American E-Commerce: Rapidly Growing but Challenging Markets

“Latin America is one of the fastest-growing regions for e-commerce, behind Asia-Pacific. We expect online retail sales to grow at a compound annual growth rate (CAGR) of 17% between 2014 and 2019 to reach $85 billion in sales at the end of the forecast period.” The Latin America E-commerce Report Latin America presents a unique challenge for online merchants. It’s a rapidly growing region, but much of its online payment infrastructure is relatively new and […]

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An Opinionated Spreedly Bibliography, Part One of ???

“You will be the same person in five years as you are today except for the people you meet and the books you read.” — Charlie Tremendous Jones While it’s a gross simplification, there’s a lot of truth in that Charlie Tremendous Jones quote: relationships and reading will define and encompass most of our personal growth over our lifetimes, and the same holds true for the formation and growth of an organization. Someday I’d like […]

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