CAN Capital's Daniel DeMeo – Innovating to Succeed: An Opportunity for Payments Processors

As new players and revolutionary technologies cause disruption in the payments space, payments processors, now more than ever, must look for ways to gain a competitive edge. Offering competitively priced processing rates is no longer enough to gain new customers. Given the technological innovation that has been occurring across the merchant services industry, merchants are now expecting more from their processors than payments processing alone. PayPal Working Capital and Square Capital are perfect examples of how the payments game is changing, and demonstrate how the payments processing and small business finance industries are becoming more closely intertwined.