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 […]
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 […]
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 […]
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, […]
В современном цифровом мире все больше людей отправляют средства другим пользователям или перечисляют их на счёт компании в режиме онлайн. Это неудивительно, ведь мало кто решит оторваться от важных дел для того, чтобы съездить на другой конец города и лично передать деньги за товар либо услугу, не говоря уже о том, чтобы отправляться в другую […]
Our world is changing every second. If companies aren’t willing to adapt to change, they will have an uphill battle with little chance of winning. In 2020, the number of cashless payment methods doubled in many countries. If we’re talking about Europe, in 2019, the number of cashless transactions was under 100 billion, whereas in […]
If your company is still offering products to customers after the incredible year 2020, it just means you’re really lucky. Thousands of companies have simply shut down and been forgotten about. And we’re not just talking about small firms, but also very large companies that claimed to be industry leaders back in 2019. The crisis […]
The year 2020 has been a real test for many sectors of the economy. When it comes to online payments, they have only become more popular. Yet, in the future, online payments will undergo serious changes. This will not happen in 10 or 30 years but 2021.We offer you a short online payments industry news […]
It is good to have a bank account on the Internet, as well as money on it. After all, in this case, using the best online bank, you can quickly send any payment, even without leaving the territory of your own home. Today, it is no longer possible to meet a person who would not […]