No More Endangered Eggs: Diversify Your Online Payments Stack

WARNING – If you answer “yes” to any of the following questions your online payments stack could work against your long-term success:  Offering limited currency options? Tokenizing with a single payment gateway? Requesting card info at each transaction? Have a single transaction channel? If any of these scenarios are true you likely have all your “payment eggs in one basket.” Please seek help immediately. 1. Limiting the Currency You Accept? Maybe you only need to […]

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Simplify Your Online Payment Solutions: Capture, Store & Deliver

Spreedly is a financial technology startup whose core product is a payment API. A little over half of our employees are developers, mostly working off of a unique and cutting edge Ruby stack. It stands to reason that the majority of our customers are also developers. Software engineers find us because our technology meets their specific requirements for online payment solutions. We provide free and easy access to a test version of our API and […]

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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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How to Store Credit Cards With Clover for Recurring Payments

Many point of sale payment solutions don’t allow you to store credit cards. Somewhat surprisingly – given its modern approach, excellent reputation, and growth – Clover is one such system. There are many good reasons for this. A downside, however, is the inability for merchants to make recurring, card not present transactions. There is no way within Clover itself to capture and store credit cards for recurring payments. The good news is, there’s a solution for this. […]

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Marketplace On-boarding

In Justin’s post Marketplaces and Payments, he mentioned that “marketplaces are going mainstream and payment solutions are following to accommodate their needs.” “Marketplace” is a fairly broad term. In general, when you build a marketplace you expect transactions to occur between buyers and sellers within your service. Due to the difficulty of getting a merchant account, accepting payments has not been an option for many participants in a marketplace. Marketplace owners have had to hold […]

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Marketplaces and Payments

Edit: Make sure you read our newer post on Spreedly and marketplaces Unlike traditional ecommerce/online sites, that have one seller and many buyers, marketplaces have multiple sellers and buyers. In addition, any transaction involves three parties: the seller, buyer and the marketplace. This uniqueness has always created challenges for marketplaces wanting to accept online payments. “Too hold or not too hold the funds?” – that is usually the question. Recent trends in payments are slowly making […]

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