- Email:Applications@purepay.eu
- Phone:+44 2080 898335
22 Dec
What To Do If Your Merchant Account Is Closed
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
15 Dec
Keeping Your E-Commerce Transactions Safe And Customers Happy
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
07 Dec
What a Merchant ID is all about
A merchant identification number is a special code that can be used to identify the payment processing methods of a business. Payment processing companies provide merchant identification both for low-risk and high-risk clients. This identification code is important in verification of transactions. There are quite some hindrances for high-risk clients, especially in carrying out financial
02 Dec
Top Court Lifts the Restrictions on CBD Marketing Inside the EU — Now What?
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
25 Nov
PurePay’s Approach to High-Risk Merchants
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
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
AI reshaping tech support?
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
Benefits of SWIFT and SEPA
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.
Increase sales with Alternative Payment Methods
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
10 Jul
A Pandemic Story: Coronavirus and Payment Industry
How Coronavirus/Covid19 impacts the payment industry The outbreak of Coronavirus is raising questions about it's impact on the digital as well as cash payments. How will the industry cope with this in the long run? What actions can be taken to keep the industry afloat? How can the industry support it's consumers during this crisis?
30 Jun
Growth in CBD industry
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
