Page 32 - GS241101
P. 32

Inspiration





                        Helping merchants prepare for


                           Thanksgiving weekend sales


































                 hanksgiving weekend is almost here, and while     3. Reinforce security measures: During the holiday
                 shoppers continue to find new ways, times and     shopping season, fraud risks increase. Help merchants
                 places to do their year-end holiday shopping,     with out-of-date technology adopt tools such as two-
        T Black Friday  and  Cyber  Monday  sales  remain          factor authentication, tokenization and encryption
        critical to merchants' success during the season. You, as   to reduce vulnerabilities. Additionally, educate them
        ISOs and merchant level salespeople (MLSs), play a cru-    about fraud prevention tactics, such as monitoring
        cial role in helping them navigate this busy period.       unusual transaction patterns. Helping them automate
                                                                   some of these processes will also enhance security.
        To  make  the  most  of  the  season,  smaller  merchants,  in
        particular, need help with optimizing their payment        4.  Provide  tailored  marketing  support:  Assist  mer-
        processes to ensure they're ready for the surge in         chants by offering insights on running effective promo-
        transactions. Here are some steps to take:                 tions and loyalty programs. Helping them implement
                                                                   marketing tools integrated with their payment systems
           1. Make sure payment systems are ready: Before the      can drive traffic and encourage repeat business.
           rush, verify that payment terminals, POS systems and
           ecommerce platforms are functioning smoothly. En-    By taking time now to provide support and ensure
           courage merchants to run tests on their payment infra-  merchants’ payment processes are optimized for the
           structure and update any outdated software or hard-  season, you can help them maximize sales and maintain
           ware to prevent issues during peak times.            secure, efficient operations during Thanksgiving weekend
                                                                and beyond.
           2. Promote contactless and mobile payments: With
           more customers preferring contactless payments and
           mobile wallets, it’s essential to educate merchants
           about integrating these payment methods. Offering
           a range of payment options can speed up transaction
           times and provide a safer, more convenient shopping
           experience for customers.                                            Kate Gillespie, President and CEO







        32
   27   28   29   30   31   32   33   34   35   36   37