Payment Processing

Libya Slashes POS E-Payment Fees to Boost Health, Food, and Commerce
Operations & Management Libya Slashes POS E-Payment Fees to Boost Health, Food, and Commerce

In a significant move to enhance the financial ecosystem, the Central Bank of Libya (CBL) has announced a substantial reduction in point-of-sale (POS) e-payment charges administered by its state National Switch operator, Moamalat Financial Services Company. These charges have been cut to 1 and 1.5

The Rise of Online Equipment Rental Marketplaces Spurs Innovation
E-Commerce The Rise of Online Equipment Rental Marketplaces Spurs Innovation

The equipment rental market is experiencing significant growth, with projections estimating it will reach $131.2 billion by the end of 2024 and add another $70 billion over the next decade. The driving forces behind this growth include the continuous demand for commercial, residential, and

How Can Retailers Optimize Marketing in a Challenging Economy?
Customer Engagement How Can Retailers Optimize Marketing in a Challenging Economy?

In 2024, the retail sector is navigating a complex economic landscape characterized by unpredictable inflation rates, fluctuating consumer confidence, and ongoing supply chain disruptions influenced by geopolitical challenges. These factors combine to create a difficult environment for planning and

How Does MezzoPay and TransForm Enhance Hotel Payment Security?
E-Commerce How Does MezzoPay and TransForm Enhance Hotel Payment Security?

The hospitality industry has long grappled with the complexities and vulnerabilities of payment processing, often facing substantial financial losses due to fraud and chargebacks. With the advent of sophisticated digital solutions, there has been a significant shift towards creating more secure and

Will Stablecoins Replace Traditional Payment Methods Soon?
E-Commerce Will Stablecoins Replace Traditional Payment Methods Soon?

The financial landscape is undergoing a significant transformation with the advent of stablecoins. These digital currencies, designed to maintain a stable value, are gaining traction and could potentially revolutionize the way we conduct transactions. As stablecoins continue to grow in value and

How Does Citi Retail Services Use Consumer Feedback in Innovation?
Tech & Innovation How Does Citi Retail Services Use Consumer Feedback in Innovation?

Consumer feedback plays a pivotal role in driving innovation at Citi Retail Services, particularly when it comes to developing their Citi Pay product line. Terry O’Neil, the head of connected commerce and strategic growth for Citi Retail Services, shares extensive insights into how the company c

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