How Payment Gateway Aggregation Can Streamline Your Business
Are you a business owner who is looking for a way to streamline your payment processing? If so, you may want to consider using a payment gateway aggregation service. Payment gateway aggregation is a service that allows businesses to accept payments from multiple payment processors through a single gateway. This can save you time and […]
Evolution of Cashless Payments
The world is moving towards a cashless future. In developed countries like the US, UK, Sweden, Denmark and Norway, cash is being used less and less for transactions. In Sweden, for instance, only 3% of transactions are made using cash. There are several reasons for this shift. First, it’s more convenient to use a card […]
Advantages Of Alternative Payment Methods
Economic growth has no limits in the current financial system. Customers and sales are coming out of nowhere, creating new opportunities for both market leaders and emerging companies. Despite further advancements and outages in AI, financing technology and real-time payments, online retailers continue to set limits for certain customers without being consci
Top 5 Payment Gateway Trends that Businesses Should Know in 2022
It’s not a surprise that digital transformation has changed everything under the sun, and digital payments are no exception. The payment gateway industry is constantly evolving to meet the needs of businesses and consumers. Just as technology is always changing and evolving, so too is the world of online payments. What was popular and in-demand [&helli
What is the difference between Chargebacks & Refunds?
Most buyers don’t know the difference between a refund and cashback and often use it interchangeably. But there is a big difference between the terms and only knowledgeable traders know which is the lesser of two evils. In this article, we highlight the difference between a refund and chargeback by comparing these terms separately. Keep […]
Data Privacy vs Data Security – Know the Difference
Organizations that store or manage data, and people who own it, should not take personal data and the privacy of that information lightly. As the phase of maintaining critical confidential information such as names, accounts and health data continues, these are important considerations. Cybercriminals, like other malicious entities, have direct links to larg
A brief overview on the various types of Payment Gateways
Since different customers and buyers have different needs, it is not surprising that there are many different types of payment gateways. Depending on you and your customers’ needs, you may find that one type serves its purpose better than the other. However, when we talk about the types of payment gateways, we usually distinguish between […]
Importance of Alternative Payment Methods in 2022
The variety of different payment methods, both physical and online, is constantly growing. While some people prefer to shop with their smartphone, others use a more traditional method of payment: cash. Companies must therefore adapt to new payment methods to ensure that they offer as many options as possible while ensuring that traditional methods remain [&h
How does Payment Gateway work in India?
If you’re an online business owner and set up your items to be displayed on the internet, choosing the right Payment Gateway is crucial. When the products purchased have been added to an online shopping cart, the buyer can then checkout. This is where the function of the Payment Gateway comes into play. It allows […]
A Brief Overview on Merchant Category Code
The Merchant Category Code (MCC) classifies a company’s category. Payment systems use merchant category codes to distinguish and categorize retailers and companies based on the services/goods that they sell. For example, retail stores use one code, while booking sites will use another. The standard ISO 18245 defines the professional business code. Thes