The Essential Elements of Effective Accounts Receivable Software for Your Business
Discover what your accounts receivable software solution needs to best serve your customers and business. By Parag Patel, Co-Founder and COO of Invoiced Automating the accounts receivable process is quickly becoming the norm. Even before 2020 turned many companies into remote workforces, the trend was to turn manual A/R operations into automated versions, creating efficient processes that require less from the company while providing more. Not all software solutions are built the same, though. Making informed decisions when selecting a platform can...
Cardknox’s Split Capture Tool is Now Available in the Cardknox Merchant Portal!
Online merchants often process authorization-only transactions at the time of sale to confirm availability of funds, and they then capture the transaction once the order has been shipped out to initiate the transfer of funds. For merchants who ship out orders in multiple shipments, though (such as wholesalers with multiple locations), it can be inefficient to have to capture the full authorization when the full order is not being shipped out all at once. That’s why we’re excited to announce...
Cardknox Now Supports ID TECH’s VP8300 Countertop Payment Terminal!
Looking for a way to improve the customer checkout experience without needing to use complicated and costly hardware? Perfect for retail merchants, the Cardknox and ID TECH VP8300 solution offers the fastest track to EMV-ready payment processing. Plus, you’ll enjoy Cardknox’s competitive rates, advanced security, and robust transaction reporting. The VP8300 is a sleek customer-facing card reader that packages all the most essential requirements of a payment terminal in a compact design. It features an NFC reader for contactless payments,...Press Release: Cardknox Expands Its E-Commerce Payment Solutions With Support For Google Pay
Cardknox announced today that its merchants will now be able to accept Google Pay via their online storefronts, enabling customers using Android devices to pay through an Android phone's digital wallet. With the addition of Google Pay, Cardknox’s software developer partners can provide more digital wallet options to clients with e-commerce and mobile commerce storefronts. Cardknox merchants can now offer Google Pay as a mobile payment option to customers on Android devices. Digital wallets have been proven to reduce...
Try Our Latest Features in the Cardknox Mobile App for iOS and Android!
We’re excited to announce the launch of the new Cardknox Mobile App for Android, as well as a new version release of the Cardknox Mobile App for iOS! Whether you want to access our app from an Android or iOS device, you'll now be able to enjoy a sleek new interface, login credentials that are synced with the Cardknox Merchant Portal, and several new transaction management features. With the help of our latest in-app tools, you'll be able to: See a...Press Release: Cardknox Launches Its New Partner Portal in Beta
The upgraded Partner Portal, now available in beta, provides Cardknox's developers and partners with all the tools they need to manage merchant processing accounts. Howell, N.J. (1/6/2021) Cardknox, the leading developer-friendly payment solution provider, today announced the beta launch of its new Partner Portal. Developed as an online tool for Cardknox's sales agents, developers, and independent sales vendor partners to onboard and manage merchant processing accounts with ease, the new Partner Portal reflects Cardknox's focus on providing clients with the...
Payment Tech Trends to Look Out For in 2021
2020 has been a year that most people would prefer to forget ever happened. In between the massive lockdowns that have stopped consumers from walking into stores to the uncertainty about reopening, many retail businesses shut their doors for good this year. However, out of every crisis comes innovation. Companies were already investing in the digital landscape, but 2020 made that investment pay off in a big way. With so many consumers still wanting to shop yet unable to...
How a Payment Gateway Can Help Boost Your E-Commerce Conversion Rate
E-commerce businesses have a few metrics that can give helpful insights into whether their sales strategy is working. One of these metrics is known as the conversion rate. As defined by the Corporate Finance Institute, the conversion rate is the number of leads that a business successfully graduates into sales, expressed as a percentage of total leads. For e-commerce, this manifests as the percent of site visitors who successfully make a purchase. As an e-commerce merchant, it’s important that you...Press Release: Cardknox Announces SNAP EBT Payment Processing Integration for Online Supermarket and Grocery Platforms
The new solution satisfies the USDA's SNAP online purchasing requirements, enabling software developers to easily set up online grocers with SNAP EBT processing capabilities Howell, N.J. (10/20/2020) In 2019, the USDA rolled out its SNAP Online Purchasing Pilot so that online retailers could start accepting SNAP EBT cards from customers. Since then, demand for online grocery ordering has skyrocketed due to COVID-19, and at the same time, U.S. government funding of SNAP benefits has increased in response to widespread financial...Press Release: The Cardknox Payment Gateway Announces Beta Support for E-Commerce Apple Pay
Cardknox’s beta support for Apple Pay online can be easily integrated with online storefronts so that merchants can accept this popular payment method from customers who shop on iOS devices. Howell, N.J. (9/21/2020) Cardknox, the leading omnichannel payment gateway, today announced that its e-commerce payment integration supports Apple Pay. With the help of Cardknox’s beta support for this popular payment method, online retailers who integrate with Cardknox can easily provide their customers with a frictionless and mobile-friendly checkout experience. Launched by...
4 Payment Technologies That COVID-19 is Pushing Into the Spotlight
The payment and retail landscapes were already undergoing a massive digital transformation before COVID-19 hit. Spurred on by new technologies, customers and business owners have been increasingly seeking out bill pay and checkout experiences that reduce friction; speed up processing and funding times; and eliminate unnecessary wait times or interactions. Since COVID-19 has made its unfortunate appearance, though, preferences for faster and more digitized payment processes are only growing more urgent. Now, excessive human interactions aren’t just time-consuming, but a...Press Release: Cardknox Payment Gateway is Now Fully Integrated with the PAX A920 and A80 Payment Terminals
This new integration brings businesses access to sleek Android-based hardware that syncs with Cardknox's reporting capabilities, competitive processing rates, and advanced security. Howell Township, N.J. (August 18, 2020) Choosing the right payment processing hardware and software can make all the difference for merchants who are looking to improve their checkout process, streamline operational tasks, and cut overhead costs. To help merchants enjoy all these benefits and many more, and to provide software developers with a payment integration that supports the...Press Release: Cardknox’s PaymentSITE Online Form Brings Merchants and Developers Even More Value
The customizable form can be set up as a standalone webpage or easily integrated with ERP, CRM, and e-commerce software to process credit card and ACH payments. Howell Township, N.J. (July 29, 2020) Now more than ever, businesses are looking for ways to process transactions while avoiding in-person interaction. Yet even before the COVID-19 pandemic, a growing number of businesses and customers alike preferred the convenience of online bill pay options. As B2B and B2C payment preferences change, Cardknox's PaymentSITE...
3 Challenges Facing Online Stores as Lockdown Measures End
As cathartic and emotional as the easing of lockdown measures will be for people around the world, it will also present a whole host of new challenges. An industry that has drawn significant attention and has experienced both the highs and lows of the pandemic is e-commerce. Although a sizeable number of e-commerce businesses are experiencing lower sales due to increased customer frugality, overall, the industry is thriving in response to the uptick in online ordering of everyday essentials and...Press Release: Cardknox Launches UpdateYourCard (BETA) Feature to Reduce Lost Sales from Declined Transactions
Available in beta to users of the Cardknox payment gateway, this automated feature sends an email to the cardholder to obtain updated card information in the event that their payment was declined. Howell Township, N.J. (June 29, 2020) For many business owners, declined transactions are a tremendous source of headache that often result in lost sales and a high churn rate. To help merchants convert their declined transactions into successful sales without any time or hassle, Cardknox has launched its...
How Loyalty Programs Can Improve the Customer Experience
The importance of technology in elevating your business cannot be overstated. In our previous post, Everything You Should Know About Contactless Payments, we discussed how technology is constantly being developed to make the user experience better, and how the growing popularity of contactless payments speaks to this. But, if you find that doing so is not enough to bolster your business, loyalty programs are another great option to make your user experiences better (and in fact, loyalty programs can...Press Release: Cardknox Payment Gateway Notes a 150% Increase in Contactless Payment Volume
As a growing number of consumers prefer touch-free payment methods for their convenience and added safety during COVID-19, Cardknox is assisting its developer partners and end-users with upgrading to contactless technology. Howell Township, N.J. (June 4, 2020) Due to the COVID-19 pandemic that surged in the U.S. this past March and April, consumers everywhere have been taking many steps to reduce human interaction and avoid handling of objects that could be contaminated with germs. One significant way this has manifested...
5-Step Guide to Choosing the Best Payment Gateway
E-commerce is growing at an unprecedented rate, thanks to its smart integration with advanced solutions; policy evolution; extensive customization; and the adaptation of new technology. Recent trends indicate that global eCommerce sales will hit $4.2 billion and compensate for 16% of total retail sales. As e-commerce continues to grow, the competition is at an all-time high—and the consequences of making the wrong choices can be nothing short of catastrophic for any nascent business. This is why your business needs to...
Announcing Cardknox UpdateYourCard (BETA)!
Especially among merchants who process recurring payments, declined transactions due to expired or inactive cards are a common source of frustration. To help merchants reduce their lost sales from declined transactions, all without any hassle, Cardknox has launched UpdateYourCard (BETA)! This automated solution enables merchants to obtain updated card information without any manual labor. Here's how it works: In the event that a keyed or recurring transaction is declined, UpdateYourCard will automatically send an email to the cardholder's email...
Prepare for Magento 1 End-of-Life With The Cardknox Plugin for Magento 2
With Magento 1 reaching end-of-life status this June 2020, users will need to upgrade to Magento 2 in order to avoid security risks and PCI noncompliance. If you or your merchants are making this necessary upgrade, know that Cardknox's plugin for Magento makes it a breeze to manage online storefronts and payments all in one place! Here's everything you should know about our plugin and the upcoming Magento 1 phase out: Why Should I Choose the Cardknox Plugin for Magento 2? With...
Cardknox Supports Contactless Payments For a Touch-Free Checkout Process
Consumers are rapidly changing their shopping patterns to stay as safe as possible during the coronavirus outbreak, and one way they’ve done so is through the use of contactless payment methods. In fact, Mastercard reported a 40% jump in contactless transactions during the first quarter of 2020! This new payment preference has been spurred on by recent recommendations from leading organizations like the World Health Organization as well as local governments like the State of New Jersey that have signed...
What Are Cashless ATMs?
A cashless ATM, otherwise known as point-of-banking technology, is a payment terminal that enables customers to make purchases with a debit card in the same way as they would make an ATM transaction to withdraw cash. The system was originally created as an alternative payment solution to serve high-risk businesses—such as legal medical marijuana dispensaries and certain types of “blacklist” businesses—that typically accept cash as the primary form of payment. Now, a variety of other types of businesses use...Cardknox Announces Its Upgraded Self-Service Merchant Portal
Cardknox’s new Merchant Portal enables its clientele to manage their payment activity and access robust reporting with unprecedented ease. Howell Township, N.J. (March 10, 2020) Cardknox, an omnichannel payment gateway and a Fidelity Payments company, is pleased to announce the launch of its redesigned Cardknox Merchant Portal, a user-friendly platform featuring advanced tools for reporting and transaction processing. The updated portal sports a modern design, intuitive navigation and search filters, robust reporting capabilities, and credit card and ACH processing options...
Cardknox Announces Its Browser-Based POS (Point-of-Sale) Solution
The Browser-Based POS Solution enables developers to seamlessly integrate EMV payment processing hardware with browser-based POS systems. Howell Township, N.J. (February 20, 2020) By integrating their POS systems with a payment processing solution, merchants can experience the benefits of streamlined business management and efficiency as well as robust data security. However, integrating EMV-ready payment processing capabilities into browser-based systems has been particularly challenging for developers. To simplify this frequently complex integration process, Cardknox is excited to announce its Browser-Based POS...
Instant Money: How Real-Time Payments Are Changing the Payment Processing Industry
Whether you call it Faster Payments, Immediate Payments, Instant Payments, or Fast Money, real-time payments technology has gained a solid foothold in the payment processing world. What Are Real-Time Payments? A real-time payments system is composed of technology that enables instantaneous money transfer between banks and banking systems. The first known real-time payments system was developed in South Korea in 2001, and by the end of the last decade, some forms of real-time payments technology were being used throughout the U.K....Cardknox Announces Partnership With E-Commerce Solution Provider Wagento
The new partnership provides Wagento clients with access to Cardknox’s seamless payment integration for the Magento online shopping cart. Howell Township, N.J. (January 31, 2020) Cardknox, a Fidelity Payments company and leading omnichannel payment gateway solution, is happy to announce its latest partnership with Wagento, an e-commerce solution provider that has extensive experience with the Magento e-commerce platform. Through this partnership, Wagento customers will be able to enjoy robust payment processing capabilities that are fully built into their Magento shopping...Cardknox Account Updater
Prevent Lost Sales and Reduce Declined Authorizations With Account Updater I'm an existing merchantSign Up What Is Account Updater? Cardknox’s Account Updater tool scans your customers’ payment information and identifies any cards that have expired or are no longer active. Then, the tool obtains the correct expiration date or account number using data provided by Fiserv and it automatically updates the customer’s account information. This robust tool works in tandem with recurring payments to prevent lost sales due to expired cards or closed...
4 Ways to Improve Your Customer Experience in 2020
With the advent of new technology, payment processing solutions are truly becoming a core element of the customer experience model. Payment processing is no longer just another overhead cost that’s kept behind the scenes; today’s payment solutions—such as mobile wallets, recurring payment processing, and much more—are best when displayed front-and-center in order to give customers a cutting-edge experience. No matter your industry or selling channels, you’ll be sure to improve your company’s public image by implementing sleek payment technology....Cardknox Announces Integration with the Pax S920 Wireless Terminal
This new integration enables businesses to accept contactless, EMV quick chip, and magstripe customer payments on the go while benefiting from Cardknox's rate optimization technology and robust reporting. Howell Township, N.J. (December 31, 2019) The Cardknox omnichannel payment gateway has completed its certification with the Pax S920, bringing merchants a wireless payment processing solution featuring sleek and customer-friendly hardware, competitive rates, and powerful Cardknox reporting to streamline business management. The Cardknox gateway is a flexible payment solution that can be integrated...
Popular Payment Gateways: How Do They Compare?
With dozens of payment gateway providers to choose from, how do you know which one is best for your business? Payment Gateways Defined A payment gateway enables merchants to process credit cards by facilitating smooth communication between the cardholder’s bank (issuing bank) and the merchant’s bank (acquiring bank). Payment gateways utilize robust security standards to keep data safe when it is transmitted. Some gateways, like Cardknox, provide merchants with a broader range of payment processing features and benefits. There are a lot...
Partner Spotlight: Greene Step
Q&A With Ramya Venkataramani Tell us a little bit about your company. GreeneStep is a business management and collaboration products development company offering business solutions, IT infrastructure, and management services. GreeneStep continuously expands its portfolio of products and services to help business owners run their businesses as an integrated model from anywhere and anytime. Currently, we have over 100 proud customers across the U.S., Canada, India, the U.K., Singapore, and the Middle East. Since its inception in 2008, GreeneStep has grown at...
Everything You Should Know About Contactless Payments
As contactless payments explode in popularity (purchases made with mobile wallets grew by 82% this past Black Friday as compared to 2018!), now's the time to fill in your knowledge on what exactly they are, how they work, and why customers increasingly prefer to pay with them. Keep reading to learn more! (more…)
Recap: The IAAPA Expo 2019 and the Cardknox + Aluvii Happy Hour!
Attended by over 40,000 amusement industry professionals from more than 100 countries, the International Association of Amusement Parks and Attractions (IAAPA) Expo is the top international event for the leisure and attractions world. Cardknox was delighted to attend the annual event once again this year, where we had an incredible time connecting with industry solution providers and businesses—both on-site and after-hours at the Cardknox and Aluvii Happy Hour Meet & Greet! The IAAPA Expo floor was flooded with excitement and...
Cashing In On Holiday Spending in 2019
The 2019 holiday shopping season has officially begun! Learn how your business can benefit from what business insiders are predicting for Black Friday and Cyber Monday sales trends. (more…)
Here Come The Holidays!
There are lots of opportunities for merchants to capitalize on the upcoming holiday season: Thanksgiving, Black Friday, Cyber Monday, Chanukkah, Christmas, Kwanzaa, and New Year’s Day are all coming within the next three months, and holiday shoppers are ready to shop. Here are some ways to help your merchants get ready for holiday shoppers. Gift Cards Because of their convenience and flexibility, gift cards are a favorite with shoppers, and their popularity means more profit for merchants. A 2019 Small Business...
Security Trends You (And Your Merchants) Need To Know About
As the payment landscape continues to evolve, so do the issues surrounding data security. By offering your merchants the latest in security and fraud detection/fraud prevention tools, you can help them keep one step ahead of the hackers. Here are five of the top payment security trends you should be aware of now and going into the next year. Biometrics Identity verification is a vital defense against fraud, but having to remember PINs and passwords at the checkout counter can be...Cardknox Announces Payment Integration With Imagine Retailer’s Online Marketing Solution For the Furniture Industry
The new integration brings omnichannel payment processing to the online furniture sales industry. Howell Township, N.J. (September 18, 2019) Cardknox, a payment technology services provider, today announced its partnership with Imagine Retailer, an innovative company that designs and builds custom websites and provides strategic marketing solutions for online furniture stores. Imagine Retailer’s omnichannel marketing solution is a one-stop-shop for furniture retailers’ advertising and marketing needs. From their user-friendly dashboard, merchants can manage their online store and marketing—including a fully-integrated shopping cart,...Putting An Integrated Payment Processing System To Work For You
What is an integrated payment processing system? Simply put, it’s payment acceptance technology you add — or “integrate” — into your existing software platform that enables you to accept and process multiple types of electronic payments. Using integrated payments technology can help streamline your payment processing and make business operations such as bookkeeping, accounting, marketing, and account reconciliation all work together seamlessly. Keep reading to learn why an integrated payment processing solution is a great idea for your business. Integrate...
Going Cashless
A 2018 global payments report by the consulting and technology services firm Capgemini predicts that non-cash transactions will accelerate at a compound annual growth rate of 12.7% by the year 2021. Sweden leads this trend, with only 13% of Swedes claiming they used cash to make purchases in 2018, which is significantly less than the 40% who said they used cash in 2010. The use of cash and checks to pay for goods and services in the United States...
Process Recurring Payments From Our Online Hosted Payment Form, PaymentSITE!
We've merged two of our most popular and customer-friendly Cardknox payment technologies to create a powerful combination: recurring payment processing via our PaymentSITE online hosted form! Now, Cardknox Merchants can tap into our full array of recurring payment features directly from PaymentSITE forms. PaymentSITEs can be easily added to websites or used as standalone payment forms to provide customers with a sleek and incredibly secure checkout flow. By adding custom recurring fields into the PaymentSITE—such as the frequency and amount...
The ABCs of EFTs
Electronic funds transfer, or EFT for short, is a broad term that describes the process of electronically moving funds between accounts over a network. There are several types of EFT transactions, including ACH transactions (e-checks), wire transfers, direct deposits, direct debits, ATM withdrawals, and online bill payments made with credit or debit cards. EFT payments can be a scheduled transaction—such as when paying a bill with a credit card—or a real-time transaction, such as an in-store purchase made with...
Recap: Cardknox at RetailNow 2019
As an innovator in the payments space, Cardknox was privileged to attend and sponsor RetailNOW 2019 last month! Hosted by the Retail Solutions Providers Association (RSPA), RetailNOW provides retail technology innovators and VARS with valuable educational opportunities and a glimpse at the latest products and solutions. Cardknox had the unique opportunity to connect with industry VARs and ISVs from our booth on the expo floor. Visitors to our booth enjoyed learning about the many reasons why developers love working with...
Key IVR Partners With US Payment Gateway, Cardknox, to Deliver Integrated PCI Compliant Payment Solutions
Key IVR is pleased to announce a new partnership with Cardknox, a leading payment gateway provider that integrates secure payments in-store, online or over-the-phone to meet the needs of their clients. From a long-standing partnership with Cardknox’s parent company, Fidelity Payments, Key IVR is confident that this new relationship will deliver some great opportunities. Cardknox is a well-established gateway provider for the US, with existing customers such as Shop Boss, Good Year, BestRx, Jesel, Superion, Eaglerider, and GameXchange. They offer...
Recap: Cardknox at IRCE @ RetailX
More and more customers prefer making purchases online, and much of this growth can be attributed to the latest payment technology that has sped up and secured the online checkout process. As a payment innovator in the e-commerce industry, Cardknox was privileged to join other e-commerce players at this year's IRCE @RetailX! This leading event for e-commerce businesses showcases cutting-edge technology solutions and provides valuable educational and networking opportunities. At IRCE, representatives from Cardknox and our parent company, Fidelity Payment...
Four Robust Security Technologies That Cardknox Supports
No business is immune from the growing threat of data breaches—but fortunately, several new technologies have been introduced (and continue to be improved) to keep online and in-store fraud at bay. There are many fraud prevention technologies out there, but here's the top four that we feel are essential: 1. EMV Chip Card Processing EMV chip cards have enhanced security for in-store purchases, as it’s much more difficult to replicate them and create counterfeit cards than it is to do so...
Recap: Cardknox at JCK Las Vegas
Our secure technology, customizable features, and seamless integration process are just some of the many reasons why jewelry businesses choose to integrate with Cardknox. Earlier this month, Cardknox had a blast sharing these solutions and connecting with new and familiar faces at JCK Las Vegas for the jewelry industry! Before the show kicked off, Cardknox’s Larry Wieder gave a couple of engaging presentations for attendees. The first presentation was given at The Edge’s full-day training event on Thursday for...
Industry Trends in Merchant Payment Processing
What you need to know about industry trends affecting your business The payment processing landscape is rapidly evolving, influenced by everything from technological advances in fraud detection and mitigation, to the rise in mobile payments, to merchants’ demands for integrated payment solutions. Here are some of the top trends in the merchant payment processing industry right now. Balancing Security and Convenience It used to be said that “cash is king,” but using cash to make routine purchases has dropped significantly over the...
P2PE Encryption: Maximize Your Security
Whether you’re processing a payment online or through a payment terminal that’s connected to the internet, it’s essential to keep your customer’s payment data properly secured—if not, hackers can intercept it while it’s being transmitted. Read more below about how to keep your business and your customer’s data safe using validated Point-to-Point (P2PE) encryption and tokenization. What is Point-to-Point Encryption? P2PE encryption is the Payment Card Industry’s (PCI) solution for safely encrypting card data, ensuring that it remains secure during every...
