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International Perspective
Jonathon Gould The Payments Journey Starts with the Consumer
May 6, 2021The speed of change we are witnessing around the world has never been greater or more exciting. It is taking place in every region of the globe and in every industry—with the Asia Pacific region and payments being no exception. The many advances that are occurring on what seems a daily basis are delivering previously unthinkable flexibility and speed across all borders. At Discover® Global Network, we see the opportunities and recognize the challenges. We know the most important work we do is to strive to meet our customers’ needs and protect their security while ensuring seamless payment experiences throughout the world.
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What's up in Washington
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Beth Provenzano How does payments policy fit into the 2021 agenda?
Apr 23, 2021I was on a conference call recently when I realized I have advocated on payments policy for retailers in various roles for a decade as of this April. Time flies when you’re having fun, right?
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Innovate Now
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Eric O'Brien Driving down the Merchant Priorities Road(map) in 2021
Apr 16, 2021Best Practices. You may have heard this term a lot lately. The MAG published four Best Practice Guides in 2020. The guides were organized by a group of merchants, whose mission was to pull together considerations, recommendations and best practices on specific topics. There were many worthy topics in 2020 to deeply examine and assess. These are great resources for merchants who hear buzz words all the time like “8-digit BIN” and “Debit Routing,” but don’t have the full grasp on what that means, or what they should be doing to react to it.
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Evolution in Payments
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Laura Townsend Trip Down Memory Lane
Mar 23, 2021Does the U.S. payments industry learn from its experiences or will we experience a bit of Déjà vu? Many of you have tried to forget the good times of 2015 when the EMV liability shift was upon us. Some of you may still be in a state of disbelief that was now almost six years ago! What?!? However, U.S. market chip trends suggest only three quarters of POS/ATM transactions are chip-on-chip six years later. Wait, there is more?...
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CEO Update
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John Drechny The Evolving Alternative Payments Landscape
Mar 12, 2021The payments space has never been a static environment, and recently it has evolved even more rapidly with a hotbed of activity. Whether it is cryptocurrency, Buy Now Pay Later (BNPL) or faster payments, there are many new choices coming to market which merchants need to consider for their checkout experience.
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Conference Update
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Andrea Rouse Engagement Opportunities and Educational Content Were Highlights at MYC21 and Tech Forum!
Mar 11, 2021MAG successfully hosted its second virtual event with the 2021 Mid-Year Conference and Tech Forum.
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Board Member Corner
John Aglialoro Engage with the MAG to Drive Positive Change in Payments This Year!
Mar 5, 2021I am honored to write to you today as one of the newest MAG board members. As we move into 2021, we have reason to be hopeful for a brighter tomorrow, as well as excited to be part of a payments industry that is advancing at an even faster pace into the 21st century.
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Education
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Leah Collins MAG Introduces Interactive Payments eLearning Course
Mar 5, 2021The MAG has officially launched a first of its kind eLearning course, Merchant Payments 101! Not only was this an exciting endeavor for the MAG, but we believe it is an even more exciting resource for all stakeholders of the payments system and especially the merchant community.
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Membership Update
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Kari Hartley MAG offers merchant members many benefits!
Jan 8, 2021MAG offers a diverse offering of member benefits for our merchant members. Our education, networking with industry peers, and advocacy efforts are at the top of the list.
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Board Chair Update
Kathy Hanna MAG 2020 Year-in-Review
Dec 9, 2020The date was February 11th, MAG was having the opening session of the Mid-Year Conference in Atlanta, Georgia, with hundreds of payment professionals gathered to network and learn about payment services, trends and initiatives that impact merchants’ customers and bottom line.
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Payments Technology
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Kacie Paine CISO Fireside Chat “A View from the Hot Seat”
Sep 2, 2020Cybersecurity is more important than ever as people shift their behaviors in light of COVID. Several CISOs from merchant member companies will join Mastercard CISO Ron Green during MAG’s virtual Tech Forum on October 14 to discuss what keeps them up at night and how they address emerging security threats across their businesses.
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MAG MEMBER HIGHLIGHT
A Merchant's Point of View on the Value of Communities of Practice
MAG SPONSOR HIGHLIGHT
Fiserv — The Digital Transformation of Payments: A Powerful Case for Omnichannel Commerce
MAG INSIGHTS
View past newsletter articlesMEET OUR NEW MEMBERS
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MEET OUR NEW SPONSORS
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Shift4 Payments (NYSE: FOUR) is a leading provider of integrated payment processing and technology solutions, delivering a complete omnichannel ecosystem that extends beyond payments to include a wide range of commerce-enabling services. Our technologies help power over 350 software providers in numerous industries, including hospitality, retail, F&B, eCommerce, lodging, gaming, and many more. Shift4 provides businesses with a secure payment platform, free P2PE-enabled EMV devices, POS/PMS integrations, mobile and contactless solutions, order- and pay-at-the-table, and much more — all from a single source.
Our end-to-end solution delivers unmatched incentives: Free EMV devices for every workstation; Waived gateway fees; Lowest total cost to process payments
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Afterpay is transforming the way your shoppers pay by allowing customers to buy your products now, pay over six weeks, and never pay interest. With Afterpay you can allow your shoppers to go after what they want with nothing they don't: no external credit checks, transparent spending limits, and the ability to pay online and in-store. Afterpay is offered by more than 74,700 of the world's favorite retailers, helping drive higher conversion rates, AOVs, and so much more.
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We make shopping smooth. With Klarna, consumers can buy now and pay later, so they can get what they love today. Our offering to consumers and retailers include payments, social shopping, and personal finances. Over 250,000 retail partners, including H&M, IKEA, Expedia Group, Samsung, ASOS, Peloton, Abercrombie & Fitch, Nike and AliExpress have enabled Klarna’s innovative shopping experience online and in-store.
Klarna is one of the most highly valued private fintechs globally with a valuation of $31 billion. Klarna was founded in 2005, has over 3,500 employees and is active in 17 countries. For more information, make sure to follow Klarna on LinkedIn and Twitter, and visit www.klarna.com/u/business. -
Quadpay’s buy now, pay later platform gives savvy shoppers more freedom and flexibility to pay later anywhere. Customers can split any purchase into 4 installments over 6 weeks, with zero interest or hidden fees. In turn, Quadpay’s partner merchants enjoy higher AOV and conversion, more repeat purchases, and immediate payment.Quadpay’s mission is to empower modern consumers with simple, transparent, and financially responsible payment tools. Our ultimate goal: to create a world where everyone has access to the things they need and want from life. Together with Zip Co., Quadpay serves over 4.5 million customers and 30,000 merchants, with $3bn in annual payments globally.