Every year our life is getting faster and faster. The speed of financial operations stands on the top of the business mountain. That is why instant payments are so popular today. Suppose the creation of a single euro payments area (SEPA) previously seemed distant today. In that case, the largest financial institutions are working to […]
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 […]
The process of processing a transaction seems very simple and fast to buyers. From their perspective, it is enough to press a few buttons, and the goods will be paid for. All they have to do is pick them up after delivery. However, processing payments is a whole art, a mechanism consisting of many elements. […]
How to send money abroad? Where can I find the best way to send money abroad? If you think that these are all the questions that someone who is planning to make a money transfer to another country for the first time needs answers, you would be wrong. Suppose you have not yet used the […]
How to transfer money safely and quickly to the European recipient? How be sure that the recipient is guaranteed to receive the money you send? You will need to know your IBAN number. But what is it and how to get an IBAN number? Answers to these and other questions you will get from this […]
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 […]
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 […]
How to choose a payment gateway? Eventually any company has to find an answer to this question, because in the modern world it is simply impossible to accept payments from clients exclusively in cash. Many other questions immediately follow from this one. Should I choose a hosted or non-hosted payment gateway? Which payment gateway should […]
How to get a merchant account for online business? The answer to this question interests all companies that clearly understand that buyers are willing to pay for their goods not only in cash. That’s why it is so important to organize the reception of credit cards, mobile payments and other convenient means as soon as […]