Reforming Retail

Payment Agent Compensation is Broken. This Is Where The Market Is Taking It

Back before software ate payments (although payments is now eating software), the payments world looked very different. Banks, who technically still represent merchants for acquiring, would partner with...

Pay by Bank Offers Walmart, Large Retailers Rare Opportunity to Cure Payments Cancer

Nothing solves problems like a good free market. The challenge has been that the US only pretends to have a free market. It’s why our healthcare is so expensive (a socialized health system that...

Stripe Doesn’t Even Hide The Fact That They Screw Merchants on Refunds

Bet you thought all you had to do was beat the processor up on authorizations rates and you’d be a hero, eh? Let us introduce you to a nice processor honeypot that most people are totally clueless about...

All The Payments Predictions Citrini Research Got Wrong

Citrini Research, a little known firm, published a report outlining their concerns that AI would demolish the economy. 50% of white collar jobs would be uprooted, and unemployment would surge past 10%. The...

How High Embedded Payment Margins Can Get before Material Churn

Some of the first generation of software companies to embed payments have gone public. Examining their numbers shows what people in payments already know: Once you’re the system of record for the...

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