Page 14 - GS190101

IndustryUpdate

new location marks Payscape's 16th market and second in the state of Mercator compares GPR
Ohio. Warren's goal as a new manager is to grow the Columbus office debit and prepaid cards
so that it is routinely recognized as one of the most professional and
highest producing offices in its market, Payscape stated. A 16-page research report from Mercator
Advisory Group titled The Blurred Lines
RESEARCH Between Debit and Prepaid Cards considers
the differences between debit and pre-
paid cards and why providers and users
Lack of payment choices an issue for travel companies might favor one over the other. Sarah
Grotta, director, debit and alternative
More than one third of British, American, Chinese, French and German products advisory service at Mercator
travelers surveyed globally (36 percent) are unhappy about not being Advisory Group and report co-author,
able to pay the way they want when booking holidays online, accord- stated, "Initially prepaid product provid-
ing to an online survey of 7,400 consumers by ACI Worldwide and ers were developing solutions to offer
YouGov. "Lack of transparent pricing is another large concern for trav- users a bankcard-like product. Now
elers, with 66 percent globally saying there are too many hidden fees financial institutions are seeing inspira-
such as add-ons when booking trips and tickets online, resulting in tion in GPR card attributes."
final prices that are different to the ones advertised," ACI added.
Among the report highlights are a com-
parison of regulatory differences between
debit and GPR cards; market sizing for
prepaid and debit, including a look at
the decline in the unbanked population
in the United States; and review of the
features and functionality of leading GPR
No Good Merchant cards and entry level checking accounts
from five U.S. banks.
Left Behind. PocketSuite finds affluent
solopreneurs rely on SMS
PocketSuite, a provider of mobile-based
booking, payment, and client manage-
ment tools for solopreneurs, researched
SMS use among thousands of small busi-
nesses. Researchers found that 99 percent
of all business communications for solo-
preneurs are sent via SMS. "This includes
77 percent of all business transactions
CNP Specialists Retail Experts for the most successful individuals, who
are earning more than $120,000 annu-
ally," they wrote. "SMS is also critical for
the solopreneurs with the largest client
Industry Leading Portfolio Latest Next Day Funding volume, with 88 percent of transactions
Management Tools Window in the Industry conducted via SMS."

PARTNERSHIPS
Learn More

Baker, MTrac, Superbad implement-
Call 866.887.8907 ing turnkey cannabis payments
Visit emsagent.com Global Payout Inc. subsidiary MTrac Tech
Corp. and Baker Technologies signed
an affiliate agreement to offer a turn-
key cannabis payment platform for dis-
pensaries nationwide. The alliance was
formed to solve growing issues with pay-
ment processing in industries considered

14