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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Apple Pay Adoption as a Payment Method at Spreedly

Apple Pay launched with great fanfare on September 9, 2014. As is often the case with big new technology announcements, actual usage takes longer than the initial public interest would seem to indicate. So, we thought now was a good time to take a look and see what adoption looks like for Apple Pay as a payment method at Spreedly. Apple Pay Adoption at Spreedly Spreedly customers using Apple Pay has been slower than you might […]

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Beyond rate optimizations: consider latency, decline rates and average ticket size before switching to another payment gateway

Shoresh Shafei, Justin Benson and Luke Evans A Spreedly customer, unsatisfied with the support they were receiving from their existing gateway, was considering migrating to a new provider. To make sure that the performance of the new gateway was comparable to the one already in use, they asked Spreedly to help by analyzing our data and comparing the two gateway performances. When it comes to choosing the right gateway, Spreedly is encouraging merchants to consider […]

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Switching From PayPal to Stripe: Impact on Credit Card Decline Rates

Recently at Spreedly we had the opportunity to “drink our own champagne” (or eat our own dog food) as we switched from PayPal to Stripe and measured the impact on our credit card decline rates. As our customer’s know, we help online merchants and marketplaces minimize PCI compliance scope via secure credit card collection, tokenization and then routing that card for a transaction against your preferred financial partner. This could be a payment gateway or a third party […]

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Hacking Payment Forms

One of the most important, if not unsettling, principles in security is that there is no such thing as absolute security. Given enough time and resources, all security measures can be bypassed. Look no further than the Snowden revelations which exposed the degree to which a variety of technologies previously thought to be secure had, in fact, already been compromised. The best that any organization can do is to increase the cost of hacking to […]

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Is Your Payment Gateway Good Enough?

By: Shoresh, Kwasi & Justin If your company or business accepts online or mobile payments from customers, you are probably familiar with the payment gateway (sometimes referred to as Payment Service Providers outside the US). Payment gateways play a vital role in payment processing: they can store and protect your customer’s’ payment information, usually work with several (but a limited number of) currencies, submit transaction information to payment processors, and report the status of the […]

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Credit Card Decline Rate, Part 2: Payment Processing Failures vs. Currencies

Shoresh Shafei, Justin Benson With more than 100 million transactions processed across 100 gateways in 100+ currencies, Spreedly has access to a wealth of information about payment methods (credit cards, ApplePay, PayPal, etc.), transactions and gateways performance. Using this unique dataset, Spreedly is committed to using the power of data analytics to generate insights for all participants in the payment world. In our first blog post [Spreedly blog, LinkedIn, Medium], we provided a general overview […]

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