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Table of Contents

Lead Story

Payment IPOs in the public eye

Ann Train

News

Industry Update

China UnionPay expands mPOS options

Bright future predicted for Global, Heartland

FIs gain time in Home Depot settlement dispute

Countdown for charitable giving

Features

Balancing big data and consumer privacy

The Clearing House stakes its claim in real-time payments

Bob Rohr
First Annapolis Consulting

Mobile forward 2016

ISOMetrics:
What will global payments look like in 2019?

Dispense with bad tech habits in 2016

Selling Prepaid

Gift card spend to reach $26 billion

Views

Online, mobile gaining on brick and mortar

Patti Murphy
ProScribes Inc.

A giving commitment

Thom Aldredge
The Give Back Campaign

Education

Street SmartsSM:
What does the crystal ball say for 2016? - Part 2

Jeffrey I. Shavitz
TrafficJamming LLC

The one man show: Be a piker, dream middle class

John Tucker
1st Capital Loans LLC

Build your business with trust in 2016

Jeff Fortney
Clearent LLC

2016 payment trends - What's to come?

Michael Gavin
Cayan

Company Profile

Capital for Merchants LLC

New Products

Turnkey e-wallet, e-commerce solution

ShopperPress module
Allied Wallet

iPad POS tableside ordering

TouchBistro 7.0
TouchBistro

Inspiration

Switch it up in 2016

Departments

ADVISORY BOARD: Welcome to a new year in payments

Letter from the Editors

Readers Speak

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

January 11, 2016  •  Issue 16:01:01

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Boost Your Biz:
Dispense with bad tech habits in 2016

As members of the payments community, we are benefiting immensely from technological innovations that have occurred and continue to occur at a rapid pace. Who among us envisioned hand-held, line-busting POSs 20 years ago? Who grasped the wealth of data even small ISOs would be able to help merchants use to their competitive advantage? Who knew Silicon Valley startups would be knocking on our collective door, ready to collaborate to mesh payments and tech expertise in new ways?

Sometimes, however, the tools that were supposed to make our lives easier and more productive make life more cumbersome. Do you ever feel like your mobile devices make you too available, that you never have a minute of downtime, that your merchant customers will be miffed if you don't respond immediately to their text or voicemail messages? Indeed, incessant digital input can cause you to be constantly responding instead of strategizing, planning and executing.

Following are five habits that cause us to misuse rather than effectively employ technology. If you recognize yourself in any of these, strive to remedy them in 2016:

  1. Checking personal email and text messages at work: Sure, once or twice a day is OK, but every hour is just interrupting your work.
  2. Giving your work number and email to friends: If you give your work contact info to friends and family, it invites them to interrupt your work day. Will that help you to complete your business tasks any faster?
  3. Using the wrong tool: Only use a tool or device if it saves you time. If a pencil and paper will do, use that. Sometimes it's faster than the latest app.
  4. Responding immediately to messages: Strive to address all your e-mails and voice mail messages in one period of the day. Doing so will limit interruptions of your work and thought process. It will also allow you to give the callers and e-mailers your undivided attention, which reduces the chance of mistakes such as emailing the wrong person in your address book.
  5. Storing documents in multiple areas: Do you have an organized system for storing digital files, or do you sometimes save them on a computer hard drive, sometimes on a tablet device and sometimes in an e-mail program? Create a system and always store the same types of files in the same place, perhaps in the cloud. It will save you time searching for missing files.

You probably thought of other time-wasting habits you'd like to eliminate as you read through this list. If so, what can you do to shift your behavior in a more productive direction in the coming year? The point is to control technology and not let it control you.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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Spotlight Innovators:

North American Bancard | USAePay | Humboldt Merchant Services | Impact Paysystems | Electronic Merchant Systems