With the introduction of the global international bank account number (IBAN), which was implemented based on EC Regulation 2560/2001 and the European Committee on Banking Standards (ECBS), all banks and other companies providing financial services to individuals and businesses were obliged to make changes in how payments were made and processed. It was a question […]
Every company and customer wants all online payments to be not only fast, but also as secure as possible. Unfortunately, many credit card transactions are often tracked by fraudsters who steal not only financial information, but also customers’ money. In order to have as less cases of this kind as possible, a special security protocol […]
It’s no secret that to increase sales, you need to know best e-commerce payment methods customers choose. Only by emphasizing an e commerce payment system that is popular with customers will you give them the choice, increasing the likelihood of a purchase. It would seem to be very simple. Negotiate with reputable eCommerce payment providers […]
Accepting credit cards has a positive effect on sales. Now you only need to choose a company that will ensure smooth processing of online payments. But it is not that simple, because you will have to pay a commission for it. How to calculate it? Which company will offer the best conditions? Unfortunately, it will […]
Thanks to services such as PayDo, merchants on the Internet can receive their funds from acquirers, and suppliers can receive money from them. Partners around the world using a virtual bank account with IBAN can be flexible in terms of payments. You can get the most out of using alternative banking services. For more than […]
Which electronic payment system do you prefer, Visa or MasterCard? Such words are heard in the bank when a person is issued a new card. However, for an ordinary user, there are no differences between payment systems, and the words on the card are no more than their decorations. But in practice, everything is not […]
For many companies, payment processing comes down to opening a merchant account and then sending the information received from customers to the processor. Then other participants perform all the actions, and the money ends up in the company’s account. What else needed? However, it is a complex and more complicated process. The company needs to […]
When you need to securely accept debit, credit, or other electronic payments within your business, you will open a special type of corporate account called a merchant account. This is a bridge between the banks of your customers, whose cards they use to pay for goods from you and your business. In terms of merchant […]
Every year, digital payments are becoming more and more popular, both in payments for goods and services by individuals and between businesses. All indications are that the use of paper checks should have long since become a thing of the past. But here’s the paradox, many companies still use them. Why are they still relevant? […]
Some call 2020 the year of crisis and financial instability. But for many companies, 2020 was also a year of great opportunities. All the companies that were able to adjust to the new conditions won the battle for customers. All of this is well known to companies in the United Kingdom. While even in 2019, […]