In the aftermath of the still-ongoing pandemic, social distancing will remain the “new normal’ for the time being. While no one knows how permanently the pandemic will affect social behaviors, it is clear the demand for touchless technology will not subside. Indeed, contactless payments drive an overall better user experience. Aside from decreasing the risk of disease transmission by eliminating contact with payment terminals and cash, contactless payments are faster and more convenient.
Retriever Payment Systems was featured in the Summer 2020 issue of the Arkansas Community Bankers Association virtual magazine discussing taking a proactive, consultative approach to highlighting contactless payments technology with merchants to solidify business banking relationships and add value.
In the current environment of increasing competition from traditional and non-traditional financial services providers, community banks continue to leverage their number-one weapon in the fight to win over the competition: knowing their customers better than anyone else in order to provide high-touch personalized service and relevant product recommendations.
Customer expectations around service are continually being shaped by retail giants. Remaining accessible when and where your customers want to do business is a minimum expectation. Don’t you deserve a similar level of service from your vendor partners? Retriever Payment Systems was recently featured in the Spring 2020 issue of Arkansas Community Bankers Association virtual magazine discussing why you should consider your vendor relationships a reflection of your own brand.
According to Worldpay, card fraud is a $9.5 billion problem in the United States, and with the introduction of EMV technology and the resulting shift in liability from issuing financial institutions to merchants, much of that burden is being thrust upon your small business banking clients. Fortunately, as your small business banking clients’ trusted advisor, there is something you can do to help.
Retriever Payment Systems was featured in the Fall 2019 issue of Arkansas Community Bankers Association virtual magazine discussing how finding the right merchant services partner with the right fraud prevention and detection technology can equal a win-win for your bank and your clients.
In light of all the market and regulatory pressures community banks and credit unions face which threaten to chip away at your margin, it is more important than ever to remain on the lookout for new revenue streams. Small businesses present the opportunity for FIs to capture more market share as well as a greater portion of business deposits and opportunities to generate new loans.
Retriever Payment Systems was featured in the Summer 2019 issue of Arkansas Community Bankers Association virtual magazine discussing how to leverage your merchant services offerings to get more small business banking market share.
The EMV chip is the biggest trend in credit card payments. Merchants have been trying their best to migrate to EMV since the liability shift in 2015. However, a major roadblock has existed in the certifications of their systems. While many merchants had new payment acceptance devices installed by 2016, they couldn’t accept chip cards because they were still […]
Fraud has been an ongoing problem with credit card payments since the beginning, and it’s likely not going away any time soon. The use of EMV is the first step in combatting credit card fraud. Other countries have had EMV credit cards for several years and, as a result, experienced dramatically reduced rates of credit card fraud. Face-to-face fraud has decreased […]
The use of prepaid cards as a payment method has grown exponentially over the past decade. This alternative form of payment eliminates the need for a bank account, because funds are connected directly to a card. Unlike other types of cards that require a credit check, income verification, or bank account, prepaid cards are more easily accessible. […]
Apple recently announced the launch of a new money transfer service that will allow iPhone and iPad users to send and receive money digitally using iMessage. The new feature will be automatically included with Apple Messages in the company’s newest operating system, iOS 11, which will be available this fall. The money transfers will be funded with credit or debit cards, but […]
Meet our Newest Product Vantiv Mobile Checkout Vantiv Mobile Checkout, powered by NCR Silver, is an all-in-one point of sale (POS) solution that makes it easier for business owners to market to customers, track sales and profitability, manage inventory and process sales onsite or at any location. Vantiv Mobile Checkout is a tablet-based, cloud-connected POS […]
In response to government regulations and the needs of our merchants, in 2012, our company developed and released the RAAP program. Since implementation, this program has provided a seamless reporting tool for our merchants.
Everybody is Talking about EMV Europay, Master Card and Visa
The old saw about “I have some good news and some bad news… which do you want first?” is alive and well in processing world. PCI (Payment Card Industry) has made some changes that allow a transaction to complete for a partial amount instead of declining which was the way things happened in the past. […]
With the increase in use of plastic as payment, it’s no wonder credit card fraud has begun to run rampant throughout the country. Many people believe certain myths about the safety of their credit cards that can put them at a higher risk for fraud. Here at Retriever, we know the importance of credit card […]
You can verify your deposits from your cell phone or mobile device. Pull up your statements, retrievals, charge backs and batches
Retriever Payment Systems announced today that it has received accreditation from the Better Business Bureau (BBB) serving Central Florida. BBB Accreditation means Retriever Payment Systems is a business dedicated to promoting trust in the marketplace.