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Expert Opinion - November Edition

October 30, 2023
Expert Opinion - November Edition

Hi, I'm Mark Tapia, Vice President of Business Development at United TranzActions. With two decades of experience in the financial services industry, I've had the privilege of working with companies of all sizes across the country. One of the key aspects of my role is helping merchants evaluate and optimize their payment acceptance environments.

In today's rapidly evolving business landscape, it's crucial for companies to adopt a frictionless payment acceptance strategy. This strategy not only enhances customer experience but also directly impacts a company's bottom line. Accepting payments on the go is a critical component of this strategy. With the increasing demand for mobile and contactless payments, businesses need to be agile and ready to accept payments outside of their conventional point of sale channel. The ability to seamlessly process contactless and mobile payments can significantly boost sales and customer satisfaction.

Moreover, in an era where cyber threats are on the rise, fraud prevention is paramount. As businesses expand their payment acceptance channels, they also expose themselves to potential security risks. Hence, implementing robust fraud prevention measures is essential to safeguard sensitive customer data and maintain trust. Fraud prevention in today's landscape involves staying updated on emerging threats and regularly reviewing and enhancing security protocols. This proactive approach helps businesses stay one step ahead of cybercriminals and ensures the ongoing protection of sensitive information.

I firmly believe that adopting a frictionless payment acceptance strategy, including the ability to accept payments on the go and implementing effective fraud prevention measures, is vital for the success and sustainability of businesses in today's competitive market. It not only ensures a seamless customer experience but also protects a company's reputation and financial interests.

Should you wish to delve deeper into embracing a seamless payment acceptance strategy and incorporating effective fraud prevention measures, don't hesitate to get in touch.

Mark Tapia

Vice President Business Development


800.858.5256 ext 3028.

Direct: 786.264.7028.