A merchant account may be terminated after a 30-days notice or quite suddenly. This is a very unwelcoming development for any business because they lose the ability to make transactions. The good news is that this article aims to provide insights on how to deal with this issue. Here are some of the reasons why
Christmas is usually a period when people make a lot of online purchases. It is also a time when online customers are at a high risk of falling prey to fraudsters' activities. This is especially true now that most countries are on lockdown and online transactions are preferred. In this regard, statistics show that sales
Prohibition of CBD marketing is one of the recent controversial topics in the industry. By its latest resolution, the Court of Justice of the European Union has allowed for the marketing of cannabis produced legally in another state, and by “legally produced” it means cannabidiol that is extracted fully from plants and not from their
PurePay is a payment processing company with several payment methods available for its customers. It offers high-level Secure Online Gateway service, along with competitive pricing and responsiveness. In our previous articles, we discussed high-risk merchants and their requirements. We established that these merchants need to employ secure online payment systems to reduce fraud and chargeback
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.
CBD industry suffers from one thing mostly- a wrong perception. Although the speculations are slowly clearing. But the confusions are still there. CBD industry still suffers from a lack of research. You cannot claim the pros or the cons of CBD right away. Although, claims of CBD being clinically effective with less side effects is gaining acceptance
Nutraceuticals have shown a good market potential in 2019. We can see the future being brighter in 2020. This New Year brings some greater opportunity for nutraceuticals processing merchants and the industry. The nutra market is growing and well on the way to compete with pharmaceuticals industry. In 2019, nutraceuticals have had a growth rate
Chargebacks are uninterestingly becoming a part of payment system. This is not good. Although, chargebacks can be unavoidable at times but it has other end too. Consumers claim that 67% such incidences could have been avoidable. But, is it really that easy? So, we need to dig deep to find the answers. Chargebacks happening again
Shopify is now supported by PurePay, for our merchants! We tend to link you to the most efficient business systems. And this is a major part of it. Hence, let's get to know more about how Shopify would help enhance your business. Also, being a member of the PurePay family surely gives you the ultimate
EEA- European Economic Area is an international agreement which enables the extension of the European Union (EU)'s single market to non-EU member parties. Therefore, it is your way out to the rest of the world for trade. Such agreements are what makes business much easier. So, setting up a corporation in EEA is the wisest decision to
We wish you a Merry Christmas and a Happy New Year Another year went by in a jiffy! PurePay family has grown even bigger this year. Working closely with the high-risk merchant accounts our services have continued for high-risk industries. PurePay continued its work for merchants dealing with industries working with CBD products, Pharmaceuticals, Nutraceuticals
Cashless society- the name describes it all. A cashless society describes a range where financial transactions are not conducted with money. Not in the exact form of physical banknotes or coins. Rather through the transfer of digital information between the transacting parties. Therefore, cashless society opens up endless opportunity for merchants like you. Especially, ones who thrive to grow their business.
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