Imagine a world where buyers only pay for goods in cash. They are willing to wait in line for several hours just to buy goods in your store. It is very difficult to imagine such a situation in 2020. Our life is so accelerating that we cannot afford to spend more than a couple of […]
The development of digital wallets is rapidly gaining momentum due to the high level of services offered and convenience, compared to traditional online banking. The advantage of digital wallets is the ability to make banking transactions using mobile phones. At the same time, you do not need to enter login details for each transaction, which […]
What is an internet merchant account and how to get an internet merchant account? These are just 2 of the many questions that every company starting a business should get answers to. After all, to be frank, it’s impossible to make a profit without customers. At the same time, no customer is going to pay […]
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 […]
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 […]
Chargebacks are a real problem for any firm. Many companies see no other option than to record such payments as losses. They see themselves as powerless to change anything, but in fact, it is in the hands of companies that hold the main keys to the door behind which lies a world without a huge […]
Your company’s business is high-risk, and you will not be able to accept credit card payments. Of course, if we are talking about an ordinary standard account. Your only option would be a high-risk trading account. However, before you look for a company and apply for such an account, you need to understand what a […]
Are you still thinking about which way to accept payments online? Whichever way you choose, there definitely needs to be more than one. Give your customers as much choice as possible by making it more convenient to work with you. Right now, we are taking a look at the most popular methods of accepting online […]
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? […]