News- Page 2 of 8 - One of the Best Payment Processing Companies & Online Payment Solutions in UK - PurePay PurePay
What Is an Issuing Bank and How Does It Differ From an Acquiring Bank?

In a previous article, we covered some useful information about internet acquiring, what an acquiring bank is, and its role in the transaction process. Today, we will explain what an issuing bank is, its role for customers and e-merchants, and how it differs from an acquiring bank. What Is an Issuing Bank? From the customer's

What Are Electronic Payment Systems: Methods and Types

Nowadays, e-payments are an essential part of any e-commerce business and their popularity is growing rapidly. According to statistics, digital payments are projected to grow even further in 2021. In today’s article, we will tell you about electronic payment systems in general as well as e-payment methods and types. What Are E-payments? The term e-payment

How Is Address Verification Service Saving Online Payment?

Address Verification Service, or AVS, is a tool that helps online merchants authenticate the possession of a card by a particular customer. In this article, we would like to tell you about AVS in detail and particularly about how the service can secure online payments. What Is Address Verification and How Does AVS Work? Address

What Is an Acquirer and How Does the Internet Acquiring Work?

Nowadays, digital payments are growing in popularity as they are becoming a new reality. Therefore, being able to process card payments is essential for any online business’s competitiveness and profitability. For merchants to start accepting payments on their website, they need to sign a contract with an acquirer. If you’re not yet familiar with this

The ABC of Cryptocurrency for Online Merchants

Cryptocurrency has become very popular nowadays as the number of people using it for payments is increasing. Well-known cryptocurrencies as Bitcoin, Ethereum, and Litecoin are showing high growth and instill confidence in the success of cryptocurrency as a whole in the future. According to statistics, the number of daily transactions of Ethereum has increased by

What Is Card Security Code and Why Is It So Important?

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

Online Payment Security FAQ

As the global e-commerce market is expanding, scammers learn new techniques to exploit online payment systems. In their turn, most companies try to protect customers from various attacks by unprincipled cybercriminals. Online payment security is an essential part of running and maintaining a loyal customer base. If your customers feel unsafe entering their payment data,

Everything you Need to Know About 3D Secure 2.0 and 2.2 Protocols

A 3D Secure protocol is the solution to many payment security issues. The improved 3DS protocol represents a step forward for e-commerce, as the old-fashioned methods of password verification have been replaced by biometrics. This payment security method is perfect for both low and high-risk industries and provides the best payment experience for customers. In

All You Need To Know About Credit Card Processing Fees

It is essential for merchants to adapt to the changes in the e-commerce industry by accepting various types of credit cards. However, for every payment provided with a card, payment processing fees may get a toll on the total company’s profit. To help merchants choose the best option and be ahead of the game, we

Credit Card Processing For Small Business

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

Payment Industry Trends In 2020

As we come to the end of the year, we usually look back and ensure we did not miss anything important. With the emergence of Сovid-19, the physical distance has brought us to a new technological level. Let us talk about some of the most remarkable payment industry trends in 2020. We shall also examine

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

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

© PurePay Payments Limited
2018 – 2020 – We have been helping merchants obtaining credit card processing for their businesses