Tag Archives: Payments

Advantages of Localizing Payments

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 […]

Fintech: Centralized Payment Data for Merchants

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 […]

Traditional Banking and Fintech Companies

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 […]

Handling Money and Credit Cards: Is Hand Sanitizer Enough?

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 […]

We’re Here for You: Business As Usual While Working from Home

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 […]

Mitigating the Headaches and Risks Involved with Payments

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 […]

Benefits of Using Multiple Gateways

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 […]

From Credit Cards to Installments to Cash

You sell something and consumers buy it. Simple, right? Well, nothing is really simple with money and transactions. You need to know what your customers want to buy and how they want to pay for it. What type of payments should your business accept? You will want to accept major credit cards like Visa, MasterCard, […]

5 Commonly Asked Questions About Nexio and Direct Sales

1. What is Nexio? Nexio is a payment hub: it programmatically connects direct sales merchants, through their software, to a full suite of payment services. Nearly all direct sales companies use one of the 20 back-office software partners. This back-office software has to manage all the direct sales payment chaos. 2. What is payment chaos? […]