If you are an online business owner, choosing a payment intermediary is one of the most critical decisions. To provide your customer with the option to pay by credit, debit card, or alternative methods, every business owner needs a payment processor. This organization acts as an intermediary, providing the payment infrastructure for the smooth processing […]
With the introduction of a lockdown in most countries and the transition to a remote format of existence, many people have to master alternative options for familiar things. For example, e-commerce. According to Adobe Analytics, in the first quarter of 2021 alone, global e-commerce sales growth increased 38% over the same period in 2020. What […]
Do you pay enough attention to chargebacks and know precisely what an acceptable chargeback ratio is? Do you know how to calculate the chargeback ratio? Answering these questions is very important because an increase in this number of payments will negatively impact your entire business and bottom line. In this article, we will talk about […]
What is a high-risk business? What is a high risk payment gateway? How does the payment gateway work? Criteria for choosing a high risk payment gateway Top 10 PayPal alternatives for high risk business in 2021 PayOp; Authorize.net; SOAR payments; Instabill; Totalprocessing; Leap Payments; PaymentCloud; Quadrapay; Cardinity; CCBill. The bottom line. The world economy has […]
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 […]
The modern payment services market is influenced by many legislative and regulatory acts. However, the biggest influence is exerted by the EU Payment Services Directive PSD2. What is PSD2 and why does it have such an impact on all financial market participants? What is the PSD2 regulation and why is it needed? You will get […]
Even before the coronavirus pandemic, North America was one of the world’s leaders in the number of online payment methods used. North American companies often offered the latest online payment technologies that were later used around the world. The payment infrastructure in this region was set up very well, many considered it almost perfect. At […]
Do you know what the great paradox of this life is? When we go grocery shopping, many of us are willing to ask dozens of questions about the same product. But when it comes to more serious decisions, such as how to choose a payment gateway, many firms for some reason rely on information from […]