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Evolution in Payments
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 come April 2021? Well, there are only a few weeks left to find out. 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
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
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
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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International Perspective
Karl Littler Payments During the Pandemic: the Canadian Experience
Feb 17, 2021When asked to write a piece for this edition of MAG Insights, I first thought that there would be relatively little to say about Canada’s payments experience during the COVID-19 crisis that would differ from that of other countries. As it turns out, we do have a few twists and turns of our own, all of which, unfortunately, have tended to increase merchants’ payment-acceptance costs.
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Membership Update
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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What's up in Washington
Beth Provenzano What’s Up in Washington: A Look Back at 2020 and What Happens Next
Dec 16, 20202021 presents unique challenges as policymakers grapple with a pandemic and Presidential transition at the same time. These external factors could mean it takes extra effort and a longer amount of time to see payments policy changes through advocacy and educational efforts, but merchants should not be deterred.
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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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Innovate Now
Nick Telford-Reed Merchant Business Group Launched by W3C
Dec 9, 2020Web standards organization the World Wide Web consortium launches forum for online merchant requirements with discounted membership available for MAG members.
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Payments Technology
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
A Rise in Fraud Keeps Online Merchants on Toes. An overview of how fraud affects the digital goods industry and the industry solution
NEWS FROM OUR SPONSORS
Apr 13, 2021
Chargebacks911 — Fi911 Advises on Next Steps for SCA Enforcement for Financial Institutions in New Report
Apr 13, 2021
Checkout.Com — Checkout.com delivers Payouts: a seamless way for merchants to move money on a global scale
Apr 6, 2021
Transaction Network Services — White Paper Finds Modern SD-WAN Solutions Can Supercharge Retail Payments
Apr 6, 2021
Adyen — Adyen Becomes Glovo's Primary Card Issuing Partner
Apr 6, 2021
Ethoca — Ethoca Delivers Deeper Consumer Engagement and Improved Transaction Clarity in an Increasingly Virtual World
Mar 30, 2021
CITCON — Agilysys & CITCON Announce Partnership Providing Integrated Hospitality Payment Acceptance
Mar 29, 2021
Oliver Wyman — A FRESH START FOR PAYMENTS
Mar 26, 2021
W. Capra Consulting Group — Eight Digit BIN Expansion Only 12 Months Away
Mar 10, 2021
PAX Technology, Inc. — PAX Technology provides safe and easy mobile payment solutions for Scholastic Book Fairs
Mar 10, 2021
FIS — Digital Wallets Eclipse Cash Globally at Point of Sale for First Time During Pandemic, FIS Study Finds
Mar 10, 2021
Forter — Forter and Capital One Integrate Key Offerings to Improve Authorization Rates and Securely Approve More Transactions
Mar 9, 2021
Adyen — Adyen and DICK'S Sporting Goods Partner to Bring Unified Commerce to Shoppers in the U.S.
Mar 9, 2021
Fiserv — Fiserv Named a World’s Most Innovative Company by Fast Company
Mar 8, 2021
U.S. Faster Payments Council — U.S. Faster Payments Council Launches New Work Groups Focused on Financial Inclusion and Real-Time Recurring Payments
Mar 8, 2021
Opy USA — A peek over the horizon - An Op/Ed by Opy USA CEO, Brian Shniderman
Mar 3, 2021
ACI Worldwide — ACI Worldwide and Gilbarco Collaborate to Provide Secure, Flexible and Reliable Payments Infrastructure for Fuel, Grocery and Convenience Stores
Mar 2, 2021
CyberSource, a Visa Solution — Our new partnership with Cybersource helps your business make more money
MAG INSIGHTS
View past newsletter articlesMEET OUR NEW MEMBERS
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MEET OUR NEW SPONSORS
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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.
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Blackhawk Network is shaping the future of global branded payments through the prepaid products, technologies and network that connect brands and people. Through collaborative innovations with partners, we enable security-minded solutions that increase reach, loyalty and revenue.
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Checkout.com empowers businesses to adapt, innovate, and thrive with the connected payments they deserve. The company’s technology makes payments seamless. Flexible solutions, granular data, and instant insights help global enterprises launch new products in new markets and create outstanding customer experiences. They provide the fastest, most reliable payments in more than 150 currencies, with in-country acquiring, world-class fraud filters and reporting, through one API. And they can accept all major international credit and debit cards, as well as popular alternative and local payment methods. Checkout.com launched in 2012 and now has a team of +900 people across 13 offices worldwide, offering local expertise where it’s needed.
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Opy USA is changing the way people pay, for the better through our purpose driven, responsible Business to Consumer (B2C) and Business to Business (B2B) payment solutions. We believe there is a smarter way to pay, for consumers, for merchants and for the industry. OpyPay, our differentiated buy now, pay later product provides the most flexible installment plans in the market across Healthcare, Automotive, Home improvement, larger Retail purchases and more - giving consumers a smarter way manage their cashflow for the things they want and need. By offering consumers payment flexibility our merchant partners benefit from stronger conversion rates, increased average transaction values and greater brand loyalty. OpyPay is the only BNPL solution designed by merchants for merchants.