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Letter from the editors



                     ith the 1982 publication of John Naisbitt's
                     blockbuster book Megatrends: Ten New
                     Directions  Transforming Our Lives, the
        W then recently coined term "megatrends"
        became a mainstay in the American lexicon, where it
        has remained to this day. Spotting and analyzing such
        trends in an effort to prepare and capitalize on their
        power is ongoing in many fields of endeavor from
        the social sciences to government to businesses of all
        types, including, of course, payments.                      OF A RESOURCE

        This issue's lead article takes a deep dive into eight
        consumer megatrends that researchers believe are
        primed to shape global innovation and commerce in           GUIDE RGXL AD
        the next decade and beyond. From the way people
        research products and shop for them, to what kind
        of interactions they favor, to shifting priorities and        Viewable: In Print, Online,
        lifestyles, this article pinpoints essential shifts likely
        to affect payments in many ways ‒ from the questions             and Front Page Option
        merchant level salespeople (MLSs) ask prospects to the
        types  of  products  and  services  payment  technology
        providers develop and promote.

        Speaking  of  MLSs,  asking  the  right  questions  is
        one  part  of  successful  interactions  with  merchants,
        but as  one  industry  expert  explained in  an  article
        featured  herein,  active  listening  is  also  required.
        Other contributing writers shared insights on the
        importance of knowing what types of challenges keep
        today's small business owners up at night; easy ways
        to take extra care of your best customers; changes in
        the portfolio acquisition landscape that make it a wise
        move to reassess ISO/MLS contracts to account for
        valuation variance; and the impacts of the DOJ's shift        •  Ability to purchase on a quarterly basis.
        toward prosecuting cannabis-related businesses in
        states where its use for recreational and/or medicinal          Great for short term contract/test runs
        use is both legal and regulated.                                of new products or services.

        Highlights from the news covered include Western              •  Great way to close out your yearly
        Union's forfeit of $60 million to the New York                  advertising accounts and start fresh
        Department of Financial Services; a recap from the              for the new year.
        National Retail Federation's 107th annual convention;
        a RAM-scraper attack at Jason's Deli locations;               •  We have quarterly payments
        Lighthouse's (commonly known as Harbortouch)                    schedules available.
        acquisition  of  Shift4  and  assumption  of  the  Shift4
        name; the ETA-IDC study of payment trends for 2018;           •  Discounts are given for long term
        and the new PCI standard for PIN entry on commercial            contracts & multiple listings.
        off-the-shelf devices.
                                                                      Call today for more details
        You'll  also  find  herein  plenty  of  inspiration  in
        new product and company profiles, as well as in
        updates on  individual  and company milestones of                         Danielle Thorpe
        note, compelling research, new partnerships and
        acquisitions,  and  key  appointments.  Please  send  us                       AVP Media Partnerships
        your feedback to greensheet@greensheet.com, and your
        press releases to press@greensheet.com. We look forward            707-284-1686
        to hearing from you.   .



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