Your company is just beginning its journey in the market and you are thinking of how to accept electronic payments from your customers? You can go the traditional way and open your own trading account in payment systems or large banks. It sounds simple enough, but in practice, you may face a number of difficulties. […]
Starting your own business is not an easy task. Moreover, with the fall of the global economy in 2020, this task is becoming even more difficult. However, there will always be problems, and the new year means new opportunities, so you shouldn’t give up. In this article, we will break down some of the points […]
Doing business online means planning the company’s finances, organizing payment acceptance on the website, and ensuring the safety of cash flows. Every merchant strives to increase profits. This can be achieved by different methods: increasing the average customer check, encouraging them to buy more expensive products, entering new markets, and attracting a new audience. However, […]
When customer pays for goods or services with a debit or credit card, but the payment is rejected, this is not good news for the seller. Why is this happening? After all, the rejection of the card is solely the client’s problem. Unfortunately for companies, no. Frequently, many customers simply have no alternative but to […]
How do you know if your company is high-risk and why you should worry about that? We would like to reassure you and say that high-risk enterprises have the same capabilities and zero restrictions, but it’s not true. It is much harder for organizations working in high-risk areas to conclude cooperation agreements with new business […]
Users often perceive internet security as a concept that financial organizations, various companies, and governments should control. But it is more complicated than it seems. The Internet takes one of the first places in everyday routine, from information search to financial transactions. Therefore, data security should be in the first place and should be ensured […]
According to PwC’s Global Economic Crime and Fraud Survey 2020 US companies reported that for the last year they lost 42$ billions because of online fraud. The main reasons that occur are: customer fraud, cybercrime, asset misappropriation. However, don’t panic. There are a number of measures to ensure the security of online payments in any […]
Mass payments (mass payouts) is the process of transferring money to multiple recipients at once. Systems that make such transfers provide the ability to send multiple payments at the same time. In this case, the payment method and currency can be arbitrary. The service allows you to download data about recipients through spreadsheets. It saves […]