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Cash Use is Declining While Credit Card Use is Growing

Cash use is decreasing while credit card use is increasing.

Software and hardware tech is growing and so are consumer habits and preferences. The way we handle financial transactions and overall fintech has undergone a remarkable transformation. An unmistakable trend in this transformation is the declining use of cash and the concurrent surge in credit card usage. This shift, driven by a myriad of factors […]

The Growth of the Credit Card Industry in 2023

Growth of the credit card industry in 2023

Credit cards are one of the most popular and convenient forms of payment worldwide. Over the past few decades, we have witnessed a remarkable surge in credit card usage, revolutionizing the way individuals and businesses conduct transactions. Here we explore the growth of the credit card industry, the implications, and credit card market statistics. Credit […]

Types of Credit Card Fraud That Merchants Must Know

Types of credit card fraud merchants must know

In our world of digital transactions, credit card fraud poses a threat to all merchants who accept credit cards. For protecting yourself from credit card fraud, knowledge is power. Credit card fraud is a pervasive form of financial crime that encompasses a wide range of illegal activities, from counterfeit card schemes to sophisticated online scams […]

What is a Merchant Account?

What is a merchant account?

A merchant account is a type of bank account that allows a business to accept electronic payments, such as credit and debit card transactions. In order to set up a merchant account, a business must work with an acquirer or ISO, like Clearly Payments. When a customer makes a purchase using a credit or debit […]

Payment Processing for Government and Agencies

Government payment processing and accepting credit cards

In today’s digital age, governments at various levels face the challenge of efficiently managing payment processing for a multitude of services, including taxes, fines, licenses, permits, and more. With the increasing demand for convenient and secure payment options, governments need reliable partners who can provide robust payment processing solutions.  Clearly Payments is not only a […]

The Big List of Payment Processors in USA and Canada

A contactless payment with a mobile phone

Payment processors in North America include companies that provide businesses with the ability to accept electronic payments from customers in both the United States and Canada. They allow merchants to accept payments via credit cards, debit cards, and other forms of electronic payments. There are thousands of payment processors across North America. Payment processors come […]

Payment Processing for Plumbers and the Plumbing Industry

Payment processing for plumbers and the plumbing industry

The plumbing industry has seen a rise in the use of credit card processing as a means of accepting payments from consumers and businesses (B2B payments). Digital payments overall has increased, in particular since COVID. While some plumbers may still prefer to receive cash or check payments, there are several reasons why credit card processing […]

Top Pricing Tricks Used by Payment Processors

Top pricing tricks used by payment processors

We are here to help merchants reduce their credit card processing fees. It’s the core mission of Clearly Payments. The payments industry is tough to figure out when it comes to fees. There is no standardization and very little regulation on how payment processing is priced.  Unfortunately, this means that some payment processors take advantage […]

Payments Market Overview, Size, and Growth

Payments Market, Size, and Growth

You cannot talk about payments without talking about digital payments. Cash and checks are declining in use while digital payment forms are skyrocketing. The number of checks being written is dropping by 1.8 billion a year, and at that rate, checks would go away entirely by 2026. Checks may stay a little longer than that, […]

Should my business accept American Express?

Should my business accept American Express

As a business owner, one of the most important decisions you’ll make is which forms of payments to accept. American Express (AMEX) has over 100 million credit cards in circulation and is a widely recognized and accepted credit card, but is it the right choice for your business?  In this article, we’ll explore the benefits […]