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16 Nov
Why High Risk Merchants Need Smart Payment Gateways
Today the e-commerce industry has boomed presenting consumers a more convenient option to buy stuff. However, with convenience comes a lot of ways for unsecured and counterfeit transactions. Such events rob the online seller with the money which the buyer pays, and disputes often arise between them. In an effort to make transactions more secure,
09 Nov
Payment Services Directive 2: How to Deal with the Current Situation
In our current global climate, safety is the main priority. Especially financial safety. Our money affects everything and trusting others with it can be a struggle. When buying things online and providing payments, we need to ensure that our money is safe. PurePay is ready to help you with that. PurePay and PSD2 The Payment
02 Nov
The European Union New Payment Services Directive (PSD2)
The Payment Services Directive 2 is a European regulation for electronic payment services. It was established to make payments safer in Europe, increase innovation and help banking services adjust to emerging technologies. It also recognizes and regulates Third-Party Providers (TPPs) to access or aggregate accounts and initiate payment services. This move will shake up the
03 Aug
Sweden on the forefront of local payment methods?
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
Easier Visa payments?
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
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