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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