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The Official Merchant
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The Official Merchant Services Blog

Get the latest merchant services news, strategies, and announcements on the Official Merchant Services Blog.

Tokenization and Its Role in Securing Payment Data

Securing payment data is critically important for both businesses and consumers. As online transactions continue to rise, protecting sensitive information like credit card details...

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How Embedded Payments Are Shaping the Future of B2B Transactions

Embedded payments are reshaping the B2B transaction sector, pushing the fintech industry toward a future where technology meets user convenience. These integrated solutions incorp...

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Real-Time Payments: What’s Next in 2024?

Real-time payments (RTP) enable consumers to execute direct, bank-to-bank transactions within seconds, avoiding the slower and more involved methods typical of traditional card pa...

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The Role of AI in Transforming Payment Processing in 2024

Artificial intelligence (AI) significantly influences payment processing, integrating technologies like digital assistants, automated learning modules, and chatbots across the ind...

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REI Layoffs in 2024

The retail industry is experiencing layoffs, predominantly affecting corporate staff. REI has also been affected, recently dismissing seven employees due to restructuring in its e...

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What Happened to Sam Ash? All Assets Liquidated for $15.2M!

In May 2024, Sam Ash, a renowned music retailer with a legacy spanning over 100 years, filed for Chapter 11 bankruptcy. The company announced the closure of all its stores across ...

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Sephora Adds Paze Checkout Option

Early Warning Services has introduced Paze as an online checkout option for Sephora’s Beauty Insider Loyalty program members. Paze, available through participating banks and cre...

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Bob’s Stores Closing All Locations

Bob's Stores, a discount retail chain with a rich history spanning almost seven decades, has been a staple in many communities, providing budget-friendly clothing and footwear. Ho...

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Appliance Retailer Pirch Files Bankruptcy, Plans to Liquidate

Pirch, a company in San Diego County known for manufacturing high-end appliances, has declared Chapter 7 bankruptcy. Documents filed with the US Bankruptcy Court for the Southern ...

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