How AI is Changing the Payments Game

Posted Leave a commentPosted in Cannabis, Crypto, Fraud Prevention, Legislation, Member Owned and Operated, Merchant Services, Payments, Sales, sales person, Surcharging

Picture this: your business just received an urgent message from a customer about a payment issue. Before your support team even gets a chance to respond, an AI-powered chatbot on your website steps in and resolves the problem instantly. A few days later, you wake up to learn a fraudulent transaction from a stolen card […]

Card Payments Legislation: More On the Way  

Posted Leave a commentPosted in Cannabis, Crypto, Fraud Prevention, Legislation, Member Owned and Operated, Merchant Services, Payments, Sales, sales person, Surcharging

If you want to lead in any industry, you better follow the news. This is doubly true for the payments space, whose regulations, technology, and trends are always changing. Let’s get you caught up on how the regulatory environment could change in 2023, and what it could mean for you and your clients. In an […]

2022: COCARD Year In Review

Posted Leave a commentPosted in Cannabis, Crypto, Fraud Prevention, Legislation, Member Owned and Operated, Merchant Services, Payments, Sales, sales person, Surcharging

One thing we can safely say about last year: no one was bored! Across industries, businesses grappled with a number of challenges. Customers and boardrooms dealt with rising inflation, hurting both wallets and bottom lines. From the stock market to a changing job environment, the economy looked a lot gloomier by the end of the […]

Cards and the Cannabis Industry

Posted Posted in Cannabis, Fraud Prevention, Legislation, Member Owned and Operated, Merchant Services, Payments, Sales, sales person, Surcharging

The cannabis industry is one of the nation’s fastest-growing, with more and more states moving to fully legalize it for medical and recreational use. The roughly $10 billion market is expected to maintain an average growth rate of roughly 15% through the 2020’s, an exciting prospect for investors and entrepreneurs looking to enter the industry. […]

Cash Discounting: Happy Shoppers, Lower Fees

Posted Leave a commentPosted in Crypto, Fraud Prevention, Legislation, Member Owned and Operated, Merchant Services, Payments, Sales, sales person, Surcharging

Who doesn’t love a discount? For both merchants and customers, cash discounting is a powerful tool to add more value in every transaction. It enables merchants to provide a promotional discount and minimize the cost that each customer pays. While COCARD leverages its deep relationships and innovative technology solutions to provide our merchants the best […]

Leading in a New Normal: The Hybrid Era

Posted Posted in Crypto, Fraud Prevention, Member Owned and Operated, Merchant Services, Payments, Sales, sales person, Surcharging

When the pandemic first hit, the panic was the gut reaction across the country. It may feel much longer than two years ago when we crowded into grocery stores for toilet paper and disinfectants. Before we knew it, we were walled off from the friends we love. The luckiest among us were walled in with […]

Consumer Data: How to Listen on Another Level

Posted Posted in Crypto, Fraud Prevention, Member Owned and Operated, Merchant Services, Payments, Sales, sales person, Surcharging

Every time a customer engages with us, they speak volumes about what works and what doesn’t. They tell us how to better reach and serve them. They give us a wealth of information, often without saying a word. Now and certainly in the future, leading businesses are defined by how well they can hear this […]

Reaching Merchants in a Brave New World

Posted Leave a commentPosted in Member Owned and Operated, Merchant Services, Payments, Sales, sales person, Uncategorized

How has the pandemic impacted your professional life? If things are a little out of whack since 2020 began, you’re certainly not alone. At COCARD, we see opportunity in any change, even the seismic shift of the last couple of years. We turned a challenge into an opportunity, growing our member-owned network by over 40% […]

Digital Wallets: Taking The POS Space by Storm

Posted Posted in Fraud Prevention, Member Owned and Operated, Merchant Services, Payments, Sales

You probably remember the first time you saw it, that moment of confusion, curiosity, and interest. You watched the person in front of you in line simply wave their phone over the credit card reader, and after the confirmation ding, the receipt was printed and they were on their way. What the heck just happened? […]

Members Capitalize on a Powerful Network with COCARD

Posted Posted in Member Owned and Operated, Merchant Services, Payments

At COCARD, we don’t just have members; we have partners. As a member-owned network of ISOs (independent sales offices), we strive to make sure our products and services add maximum value to our members, merchants, and their customers. If a single part of that chain isn’t getting the absolute most out of their relationship with […]

Crypto Rewards: Niche Market or Game Changer?

Posted Posted in Crypto, Uncategorized

Over the last few years, the frenzied speculation of cryptomania has given way to an understanding that cryptocurrency is here to stay.
More and more, businesses are accepting major cryptocurrencies like Bitcoin as payment, and credit card providers are starting to offer them as rewards.
Earning cryptocurrency as cashback is a major innovation, with unique challenges and benefits for consumers.
Time will tell whether this remains a niche offering for crypto enthusiasts, or whether more people are drawn to the opportunity to earn a solid return on their rewards.