Social shopping is more popular than ever. Within the past year, we see that most of the world has spent more time on social media and making online purchases. The expected projections predict to see growth to $604 billion by 2027 in the US. If your business wants to grow in the e-commerce market, […]
Tag Archives: Payments
Most of us have at least one social media account, while others have many. Whether you use LinkedIn, Facebook, Twitter, Instagram, Snapchat, TikTok, or more, you have probably started to see opportunities for purchasing a product or service through these platforms. By the end of 2021, there will be more than 3 billion social media users, […]
Merchants need payment solutions for the ever-changing regulations in the payment processing industry. Typical payment processing lacks the added tools that savvy merchants need to manage their growth. After seeing clients struggle with these problems, Nexio was created to bring the industry’s best resources together into one platform. Fraud: Fraud, Hacking, Phishing, Skimming, Scamming. Blackhats, […]
Whatever you are selling, you want to sell more and offer more people access to your product or service. Cross-border selling has increased by 25% from 2015 to 2020. Additionally, cross-border e-commerce sellers manage to boost their sales by an average of 10 to 15%. When expanding to new markets, you will need a strategy […]
You are a merchant. You have a business. You want your accounting team to be able to streamline their work as much as possible. Their roles are becoming more complicated with the growth of an online business, international business, and the demands of customers wanting to know about their accounts immediately. Accounts payable managers face […]
Innovation has transformed the financial services industry in the last twenty years. Technology has changed everything. Traditional banking models are being left behind with the rise of financial technology (fintech). The term fintech refers to software and other modern technologies used by businesses that provide automated and improved financial services. Fintech companies are a result […]
Yes, money is covered in germs. No, coronavirus isn’t making it worse. Amid the reports of COVID-19 about symptoms, statistics, protective gear shortages, school closures and more, you may hear an occasional tidbit or two about the safety of handling money or credit cards. The Center for Disease Control (CDC) and the World Health Organization […]
Many companies are having their workers login remotely and work from home, and CMS and Nexio are doing the same. (CDC and COVID-19) To reach us, you don’t have to use smoke signals or send a carrier pigeon! You can call, email, slack, zoom, or text. Fun fact: We have a small group of employees […]
Behind every payment transaction is a complex process that involves banks, cardholders, merchants, payment service providers, and payment processors. Each step is complicated, involving security and protection of data, processing transaction information, and accepting or declining the customer’s payment. Many merchants avoid researching all the steps, and rely on a payment hub, like Nexio, to […]
When your electricity goes out, do you have a back-up plan? Do you have a generator or solar panels? How much power will you need? Can you live on just battery-powered devices? As we are focused on the world-wide pandemic of COVID-19, we should also think of the “power” of having a back-up plan for […]
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