2019 marks the year that many mobile carriers launch their 5G networks. It’s the fifth generation of wireless technology. The changes include new smartphones with 5G capability, which have only recently hit the market. That means most people don’t yet have access to this powerful network. However, it’s important to start covering the 5G revolution as it starts to prepare retailers for the opportunities to come so changes can start now to accommodate the new network.
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Topics:
Due.com Partner Posts,
Mobile Payments,
E-Commerce and Online Payments,
Payment Technology,
Small Business Tips,
Payment Trends
Although it sounds more like something out of a science fiction novel or movie, facial recognition is gaining ground as a technology for identify verification. If you have an iPhone, you may already be using this biometric method. Rather than entering a password, your smartphone recognizes you from a scan of your face that it took when you first used it. From there, many more apps have integrated the facial recognition technology.
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Topics:
Due.com Partner Posts,
Mobile Payments,
Payment Technology,
Payment Trends
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.
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Topics:
Due.com Partner Posts,
Mobile Payments,
E-Commerce and Online Payments,
Payment Technology,
Payment Trends
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.
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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.
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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."
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Topics:
Due.com Partner Posts,
Mobile Payments,
Small Business Tips,
Payment Trends
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.
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Topics:
Software and Payment Integration,
B2B,
Due.com Partner Posts,
Payment Technology,
ISV/VAR
Reaching a larger target audience online and creating lifelong customers is a game changer for small business owners like freelancers, startup founders, and even established brick-and-mortar retailers. Online payment technology has led to fast and convenient checkouts so customers enjoy a great experience with you. However, there's just one problem -- and it's a big one: online identity fraud.
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Topics:
Due.com Partner Posts,
E-Commerce and Online Payments,
PCI Compliance and Fraud Prevention
Regardless of the size of your business, invoicing is an absolute necessity. It’s what keeps cash flowing in, but not receiving payments on-time is an uphill battle. What happens when a client or customer fails to make a payment? That can have serious consequences for your business and it's one of a small business owner's biggest challenges.
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Topics:
Due.com Partner Posts,
Recurring Billing and Electronic Invoicing,
Small Business Tips
As a small business, your goal is to grow into a much larger one or, at the very least, become a small business that has a sustained flow of revenue. To achieve either requires that you continually work on attracting new customers to your small business whether it is online, a physical storefront, or both. Here are some easy-to-implement strategies that have been proven to attract new customers:
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Topics:
Due.com Partner Posts,
E-Commerce and Online Payments,
Small Business Tips