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 […]
Understanding the online payments ecosystem is an important part of a business. Whether you’re looking for alternative payment methods or just starting your entrepreneurial journey, choosing the right payment provider can save you thousands of dollars. Therefore, it is important to understand all the benefits and risks that can come with working with a payment […]
With the vast number of payment processing methods available, companies increasingly tend to find ways to accept credit card payments. In relation to that, a growing number of companies help to set up payment processing on websites in the most optimal way. Thus, it is important for any business industry to correctly define a payment […]
Perhaps you have just started your business, or are thinking about choosing a payment provider. In any case, in order not to face payment providers that offer too many charges, this article will help everyone to learn more about credit card processing fees. What parties influence credit card processing fees? A payment gateway provided by […]
Nowadays, if you want to succeed in business, it is almost impossible without making it online. To encompass a broader audience and reach more potential leads, one of the primary points to consider is setting up a secure and reliable way to accept payments on a business website, and a merchant account is a key […]
If you are a business owner and accept payments online, this means that you have a merchant identification number. This code is a prerequisite for electronic commerce. In this article, we will answer several questions related to the merchant id, which will be useful both to those who are just starting a business and well-established […]
Table of content: What chargeback means? Chargeback common reasons. A chargeback procedure. How to avoid chargebacks? The bottom line. Every business looks for opportunities to minimize their risks and to penetrate new markets. And it is especially true for the B2C segment, where the legislative branch implements strict frames, trying to protect customers’ rights. However, […]
What is a payment gateway? Let’s consider what is payment gateway and how it works. A payment gateway is a technical solution that allows online business owners to accept payment on the website using bank cards. A payment gateway provides payment authorization and verifies that the entered data is sufficient to complete the payment. This […]