Payroc

Demand for Embedded Payments Ignites Fierce Competition Among POS Providers
Demand for Embedded Payments Ignites Fierce Competition Among POS Providers
May 31, 2022  |  Payment Methods

With each passing day embedded payments is becoming a bigger part of the payments ecosystem, and it takes an army of different companies to make...

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1 in 5 Consumers Swap to Cash or Debit When Asked to Pay a Credit Card Surcharge
1 in 5 Consumers Swap to Cash or Debit When Asked to Pay a Credit...
May 18, 2022  |  Credit Cards

Nineteen percent of consumers have been asked to pay a surcharge but decided to use another payment method instead. “Credit Card Surcharges,” a PYMNTS and...

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The Data Point: 85% of Consumers Pay Credit Card Surcharges Without Issue
The Data Point: 85% of Consumers Pay Credit Card Surcharges Without Issue
May 13, 2022  |  Credit Cards

A source of controversy over the years, credit card surcharges are accepted as fair — and fairly set — by law, and by a surprising...

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Merchants Seek Bottom-Line Benefits From Credit Card Surcharges
Merchants Seek Bottom-Line Benefits From Credit Card Surcharges
May 12, 2022  |  Credit Cards

Legal obstacles to surcharges on credit card transactions have been dropping for much of the past decade as courts continue to rule that the surcharges...

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Payroc Acquires Payments Platform Provider Worldnet
Payroc Acquires Payments Platform Provider Worldnet
April 22, 2022  |  Partnerships

Global payments company Payroc WorldAccess has acquired Worldnet, which provides payment solutions for independent software vendors (ISVs). Payroc announced the purchase in a news release...

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Payments Firms’ Mantra Amid Inflation: Automation, Automation, Automation
Payments Firms’ Mantra Amid Inflation: Automation, Automation, Automation
April 01, 2022  |  Payments Innovation

The economy, it seems, has turned on a dime in just a few weeks. We’re facing the triple threat of inflation, rising interest rates, and...

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Half of Consumers Are Highly Likely to Switch Merchants Due to Credit Card Surcharges
Half of Consumers Are Highly Likely to Switch Merchants Due to Credit Card Surcharges
March 28, 2022  |  Credit Cards

A key consideration for merchants considering whether to implement credit card surcharges is the impact of such a fee on credit card users. Having to...

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Most Consumers Aware of Card Surcharges, and Try to Avoid Them
Most Consumers Aware of Card Surcharges, and Try to Avoid Them
March 09, 2022  |  Credit Cards

Credit card surcharges are everywhere, and consumers know it. PYMNTS research has found that cardholders’ overall awareness of merchant surcharges is high, with 84% of...

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90% of Cardholders Check Receipts for Credit Card Surcharges
90% of Cardholders Check Receipts for Credit Card Surcharges
March 07, 2022  |  Credit Cards

An average of 9% of cardholders were asked to pay a surcharge of their most recent credit card purchase at restaurants or retail stores, according...

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