Cost-saving programs have become a common topic in the payments industry. As processing costs increase and pricing pressure grows, many providers position surcharging, dual pricing, or alternative models as quick solutions. From STRICTLY’s perspective, however, cost-saving programs are not products, they are strategic decisions. How a payments company designs, positions, and supports cost-saving programs reveals […]
In the payments industry, partnerships are often evaluated through pricing, volume, or technology. While these factors matter, they rarely determine whether a partnership will succeed over time. From STRICTLY’s perspective, the true indicator of a strong payments partner is far more fundamental: payment strategy. Payment strategy reveals how a company thinks, how it manages risk, […]
As payment processing costs continue to rise and customer payment preferences evolve, small businesses are increasingly forced to rethink how they price, accept, and manage payments. Credit cards, digital wallets, and alternative payment methods have become standard, but they also introduce higher costs, greater complexity, and increased responsibility. At STRICTLY, we view payment strategy as […]
By Rolian Ruiz, CTO Strictly When I walked into the Elavon 2025 Partner Conference this year, I didn’t just see technology updates or new product demos. I saw the heartbeat of an industry reinventing itself. Year after year, Elavon brings ISOs, partners, and innovators together like a family reunion, a family that pushes each other to grow, compete, and […]
The constantly evolving hospitality business often finds itself grappling with the challenge of balancing revenues and expenditures, especially when it comes to payment processing. Two methods often compared in this regard are surcharging and convenience fees. While both strategies have their merits, surcharging has emerged as a more viable option for the hospitality industry. Why […]
A comprehensive guide to surcharge payments, their role in financial transactions, and their implications for consumers and merchants Introduction Surcharge payments have become a common aspect of financial transactions, especially in the realm of credit and debit card payments. As a consumer or a merchant, it’s essential to understand what surcharge payments are, why they […]
