BluePay Blog

The in-vehicle payment market is considered relatively new with some of the first mentions of its potential in 2017 when researchers started tracking this business segment. The first signs of this new payment method appeared in 2016.   Current and Projected Growth Now, according to research firm Technavio, the global in-vehicle payment services market is set to increase by over 195% during the period from 2017 to 2021.

Topics: Due.com Partner Posts, Mobile Payments, E-Commerce and Online Payments, Payment Technology, Payment Trends

Credit reporting agencies (aka credit bureaus) are responsible for collecting consumer credit data that businesses then use when assessing a person’s ability to meet certain financial obligations: A bank, for example, might use a borrower’s credit score to determine what interest rates to charge. The lower the score, the greater the risk of not being paid back. As such, that lender would likely charge a higher interest rate.

Topics: Awareness, Consumer Education

When you launch a store or restaurant, managing inventory is relatively straightforward. As items come and go, you can track everything using nothing more than a simple spreadsheet.  Yet, this inventory management system isn’t sustainable for long:  It’s incredibly time-consuming to track inventory and update records by hand.  You have to “eyeball” when stock is getting low — this can be hit or miss.

Topics: Software and Payment Integration, Small Business Tips

Introducing a new product or service is one of the best strategic approaches to growing a small business. It’s a way to hold the interest of your existing customer base while reaching out to new audience segments that may now be interested in what you have to offer.  Although you may think the most challenging aspect to adding a product or service is to do something unique that stands out in the market, even more difficult is often setting the price for that introduction.

Topics: Due.com Partner Posts, Small Business Tips

Corporate Social Responsibility (CSR) and social good have often been viewed as strategies for global enterprises to undertake. Rarely is the concept attributed to small businesses, perhaps because of the perceived cost or the idea that it has to be a big effort or it won’t actually change the world.  However, what is working is when more businesses of any size take small steps and implement even the most minor changes to how they work or how they view their overall goals.

Topics: Due.com Partner Posts, Nonprofits, Small Business Tips

When someone would say how hard another individual worked, it was thought to be admirable or impressive. However, the U.S. has now become known as a country of overworked people, and that’s not necessarily a good thing. The U.S. is one of the few countries with no designated weekly maximum limit on the number of hours an individual should work.

Topics: Due.com Partner Posts, Small Business Tips

2019 is the year that there will be more Gen Zers than millennials, according to research published by Bloomberg. According to the article, "Gen Z will comprise 32 percent of the global population of 7.7 billion in 2019, nudging ahead of millennials, who will account for a 31.5 percent share, based on Bloomberg Analysis of United Nations data, and using 2000/2001 as the generational split."

Topics: Due.com Partner Posts, Mobile Payments, Small Business Tips, Payment Trends

Most phishing and malware scams follow a fairly predictable pattern:  Unsuspecting users click on suspicious links. In doing so, they unwittingly download a piece of malicious code. Once installed, that code takes over the users’ computers. The code’s creator then has unlimited access to the computers’ data. This type of malware is a very real threat, but because the malicious code is stored locally, most antivirus solutions and native security apps can detect the intrusion.

Topics: PCI Compliance and Fraud Prevention, Small Business Tips

In recent years, we've heard about the shared economy and the on-demand economy. Now, there's the API economy. With each economy that emerges, it's important to know what it involves and how you can become a part of it to leverage any relevant benefits for your business. Although this meaning of economy is slightly different, it's important to know what it involves because today's businesses do need to consider leveraging APIs to service unique customer needs and expectations.

Topics: Software and Payment Integration, B2B, Due.com Partner Posts, Payment Technology, ISV/VAR

Weaving payment tools into the applications you build was once seen as a major cost for independent software vendors (ISVs):  You have to invest more development time to integrate payments. Your clients become more exposed to security risk (i.e., fraud). You have to worry about payment-related patches and updates.  While these costs haven’t disappeared, the ability to provide a frictionless payment experience allows you to reach a much larger audience. End-users want turn-key solutions, not patchworks of third-party add-ons. 

Topics: Software and Payment Integration, E-Commerce and Online Payments, Consideration, ISV/VAR