Predetermined to help uphold consumer protection for online shopping and decrease household debt among Swedish consumers (it's currently growing 7% per annum), the Swedish Parliament has approved an amendment to the Swedish Payment Services Act (2010:751). Coming into effect 1 July 2020, the new provision requires PSPs to ensure that their online merchants operating in
Visa cards will be under new rules and regulations soon. Many claim this will make Visa cards stronger! So, it is the process that will make the card stronger. Hence, today we talk about the how the payments system actually makes it a better solution. So, these new rules are for buyers. Your good understanding
Tech support, aka technical support is basically a life support for many organisations. Globalisation of information technology is leading the path is this case. Therefore, your business can't just go "big" without this! More importantly, tech support ensure smooth running of the business. With innovations such as artificial intelligence (AI), scope of technical support is
Society for Worldwide Interbank Financial Telecommunication- SWIFT and SEPA- Single Euro Payments Area are facilitating payments within Europe and worldwide. So the benefits of it are far extending. Especially, for merchants dealing without borders, it is a blessing. Also payments industry is evolving. Therefore, existence of SWIFT and SEPA can make your life even easier.
Alternative payment methods- modern day solution for modern day shopping. These methods provides your customers to pay swiftly without taking the trouble of several stages of verification. Although, this is where your hard work starts. Once your customer starts using such easy methods, it increases the chances of frauds. The frauds are likely to be