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
PSD2- Payment Service Directive 2, is believed to bring better cooperation between banks and Fintech. It also brings hope of re-gaining the trust on financial institutions. Especially, the trust that was fading out after 2008. Specifically in Europe, people were losing their faith in financial institution. Although, high hopes are riding on PSD2. What is
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
Interchange++ and your business Interchange++ can be a big cause of worry for merchants. Calculating interchange can be troublesome and figuring out the true value of interchange++ is even more struggling. Therefore, having a clear concept of the issue is very important. Hence, read through the post and find out more about interchange++. Also, knowing
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
"What is PSD2?" This is what you will find on press release database of European Union (EU) when you search for PSD2. So, we have our willingness to know. On the other hand, EU is trying to put up the information well. Then again, all interest comes to a point where the future of its
Fintech, also known as financial technology, is the way by which technology and innovation is incorporated to financial services provided to you. This sector is gaining popularity. So, world is catching up to the new form of existence of financial market. But why does it matter to you? Although, in the current word you might
Having Payment Service Directive (PSD2) is now mandatory. Still don't have it? If no, there is some bad news for you! From the running month, you won't be able make any payments via your card if you do not have PSD2. It is as per the revised Payment Service Directive by the European Union (EU).