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Payroc Announces Strategic Combination With Dynamics Payments

Tinley Park, IL, November 19th, 2021, Payroc World Access, LLC, a global payments leader, has announced the strategic combination, through one of Payroc’s subsidiaries, with Dynamics Payments, a leading provider of electronic payment processing solutions with extensive operations in Puerto Rico and the USVI. As Payroc and Dynamics Payments continue to expand their footprint, Payroc […]

3 Marketing Strategies That Will Boost Your Holiday Sales

It is known that August is a crucial month for business. Although it is a month of high economic impact due to the back-to-school sales, it also welcomes the most anticipated season of the year, the Christmas season. The Christmas season extends much further than one day in Puerto Rico and other Caribbean and Latin […]

How technology helped small and medium businesses strive during the COVID-19 pandemic

Small businesses, restaurants, and retailers were among the first to feel the effects of the COVID-19 restrictions to control the pandemic. While many were negatively affected, the crisis uncovered a remarkable resiliency within the segment due to technology and digitalization. By: Javier Rivera Giménez; Chief Executive Officer/Co-Founder, Dynamics Payments The Connected Commerce Council surveyed business […]

Mastercard partners with Dynamics Payments to launch a financial technology solution in the Caribbean

This partnership maximizes financial inclusion services to cardholders and merchants alike. The application will be available in the Dominican Republic, Jamaica and Puerto Rico. Mastercard has teamed up with payment processing technology company, Dynamics Payments, to launch an application (app) which will increase financial inclusion for the Caribbean region. This comprehensive solution is expected to [...]

How to deal with difficult customers during the pandemic

Customers have been known to behave badly from time to time. They’ve yelled at employees. They’ve attempted to return used or damaged products, sometimes outside the return policy. They’ve launched frivolous lawsuits. Over the years, customers have proved that despite the motto “the customer is always right,” it doesn’t always mean their actions put them […]

5 Recommendations to reduce risk of spread of covid-19 while making payments

Temporary Tax Exemption

According to the determination of the Puerto Rico Government, the temporary exemption of the IVU for prepared foods and certain essential items is effective at 12:01 a.m. Friday, March 20, 2020, and concludes at 11:59 p.m. April 19, 2020.  At Dynamics Payments, we are ready to assist you, so you can continue to offer an […]

The Evolution of Online Sales

As entrepreneurs and business owners, we are rapidly shifting away from a traditional “front-Store” operation, and our strategic sales plans are evolving towards Online platforms and secure custom applications. Online sales figures have significantly increased over the past 5-10 years. It is estimated that 18% of sales are completed on an online platform or business, that’s roughly 1 […]

Pay 2 Link: “Custom-Made” payment technology

Research Development: EST Kitchen and Bath The research and development department at Dynamics Payments analyzes the operation of each business to develop new technologies that allow our clients to receive their payments more eeffectively and securely. In this case study, we will see how we meet the need for collections from EST Kitchen & Bath, […]

4 Trends that are transforming the payment industry

In recent years we have witnessed, as cardholders and merchants, drastic changes in the payment industry. Facing a new decade, there is no doubt that these advances will continue to transform year after year. Global payment trends seem to be evolving towards a more “consumer-centered” experience, focusing on ways to make payments as intuitive, easy, […]