Digital Payments: Growth and Development

imageCapgemini has released its 2016 World Payments Report (WPR)! Along with the rest of the payments industry, we are keeping a close eye on the developments worldwide, so we can respond to the needs and wants of our customers and consumers at large.

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Mobile Payments: What Might Tip the Scales from Early Adoption to Widespread Use

picture1Editor’s note: Prior to Money20/20 2016 in Las Vegas, we took the opportunity to speak to Rod Katzfey, our Vice President of Sales & Business Development of North America, about mobile payments from the perspective of American business.

What is your opinion of the various mobile payment options available today?

Contrary to popular belief, I believe we have not reached wide-scale adoption for all of the various mobile options on the market today. On the surface, it may seem that 2016 will be the year that mobile payments finally reach global mass adoption. Between the technological advancements developed over the past few years both on the card-not-present and card-present side, such as mPOS, in-app payments, NFC/contactless, combined with the 800-pound gorillas – Apple Pay & Samsung Pay – snatching up partnership deals with retailers and banks across the globe, it appears that mobile has reached a turning point. But I truly believe we are still in the hype vs. reality stage and still awaiting to be embraced wholeheartedly by consumers.

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Management Values: What Drives Us?

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Get to know our people through their management values, at a glance!

At Credorax, our core values drive our daily work.  As a technology company, innovation, ambition and exacting execution keep us ahead of the pack. But equally important are the “old-fashioned” values of integrity and communication, which have allowed us to build teams that are imbued with trust and ready to do our best for every client, big or small.

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Inside Credorax: Alon Bigler on the Importance of Trust in a Long-Term Business Relationship

 

In this month’s Inside Credorax interview, we sat down with Alon Bigler, Vice President of Business Development and Strategic Solutions at Credorax. Alon’s hidden talents and interesting hobbies have come to light and have shown us the secrets to his success.

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What we took home from Money20/20 2015

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Held in Las Vegas, Money20/20 2015 was a worldwide gathering of stakeholders in truly global payments. Firms of all sizes and specialties were present to talk to thousands of conference-goers about news and discuss questions and challenges to the industry gathered in the glitz of Vegas! As we are busily preparing for this annual showcase – which will include information, meetings, and fun and games — we asked three veteran Credorax attendees to share their thoughts on last year’s forum.

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Inside Credorax: France Blanchard on Crafting the Ideal Rapid-Response Sales Operations Team

 

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France Blanchard, is Credorax’s Vice President of Sales Operations and Global Accounts. France oversees a global team with members in the U.S., Canada, Europe, Israel and China. She stresses the importance of mixing the right blend of customer attentiveness and technology solutions to achieve the most effective and optimized results in payment processing sales operations. She also shared tools team leaders can put into place in order to motivate and ensure strong results from a sales operations team.

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Putting Customers at the Center

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In the digital age, it’s possible to find reviews on almost all types of goods or services, and the payments industry is no different. Customer care has come to the forefront in all industries, and Credorax tries to keep focus squarely on what customers want and need to successfully use our products to help their own businesses.

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Inside Credorax: Rod Katzfey on His Life-Long Love Affair with Payments & Acquiring

 

Rod Katzfey is Vice President of Sales & Business Development of North America. He shared his thoughts on his start and development during his 20+ years of electronic payment industry experience. Rod’s background and love of mentoring make him a special part of the Credorax team; he is a member of several industry boards and is motivated to be a part of educating up-and-coming employees.

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Why Can’t Consumers Commit to Mobile Payments?

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Research indicates that the use of mobile devices to make payments is continually on the rise. A Deloitte study predicted that in 2015 five percent of mobile phones would make a payment once a month (up from just 0.5 percent in 2014). Since the technology needed to support the ease and security of mobile payments and shepherd consumers all the way to a cashless society is out there, why is the shift occurring slower than anticipated?
 
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Study: Adopting Digital Payments Yields Dividends in Consumer Loyalty

Study Adopting Digital Payments Yields Dividends in Consumer Loyalty

A recent study published by MasterCard Advisors confirmed that the availability of digital payments was a key point for cardholder engagement and loyalty, resulting in growth for the card issuer. Credorax agrees that digital payments represent a growing and vital source of revenue! Let’s examine some of the fundamental points of the MasterCard study.

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