Like a card number, a card security code (CSC) is an essential feature to guard online transactions. Moreover, it helps to boost purchasing by increasing the safety and confidence of consumers. As for the merchants, CSC is a useful option to prevent fraud and chargebacks. We’ve conducted a guideline where you can find all the
Cash inflow is the priority of all businesses, either small or big. Small businesses tend to have a lower influx of funds when compared to big ventures. The use of credit cards is on the rise: they are convenient for customers, but can be expensive for merchants. Moreover, getting a credit card processor often proves
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
Where is the payment industry leading too? Mostly, the question arises because of the cashless society we are moving into. This industry is evolving really fast. Therefore it is getting hard for merchants to cope up. It is confusing to realise what will really work out in the near future. Even worse, the method might
Alternative payment methods, an efficient payment method for your customers. Making payments with credit cards may not always be the easiest way out. Especially, with the e-commerce industry growing. The payment methods need to be as swift as ordering products. Therefore alternative payment methods can be a true solution. Also, the benefits of it are
The "moto" of the MOTO fraud are not so wise. Like any other financial fraud, this can bring you tons of hassles. Occasionally, this may even lead to financial loss. Nevertheless, this is true for both the merchant and the buyer. Hence, it surely is a matter of concern. Mail Order/ Telephone Order (MOTO) processing
Can crypto currency be a game changer in development of money? Since the introduction of Bitcoin, the hype was always there. Furthermore, the introduction of Libra is being considered to be the real deal. Sweden Central Bank governor also called Facebook's Libra a "catalytic event". Also, this is becoming a popular opinion. So, the real
Facing fraudulent account takeovers can be the most troublesome problem of your financial management. Fake mobile app fraud tripled in first half of 2019. You can be a direct victim of the threat. Even worse, if your merchant account is overtaken by an unwanted party. Also, it can be a hassle if a fraud uses
VMPI- Visa Merchant Purchase Inquiry, will make business smoother and faster. How? VMPI makes sure that disputes are settled before facing a chargeback. Hence, payments received through Visa card as now less troubling. Also, this is part of the new regulations by Visa which helps make your business transactions more transparent. Therefore, your relations with
Visa card payments just got stronger. Incorporation of new regulations for Visa has made the payment processing more transparent. Additionally, Visa intends to make free trials more accessible. Also, the cancellation process is now as easy as sending out a text. Therefore, all the new rules will make the transactions more accountable and make lives
Payment mechanisms are getting easier. Mail Order/Telephone Order (MOTO) is making lives even easier. It's an easy transaction solution for merchants and even for buyers. So, why has MOTO already not taken over? MOTO payments have their own story of becoming popular and being resisted from being the next big thing. Although, there is no