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17 May
On What Basis Is a Merchant Account Determined to Be High-risk?
It’s undoubtedly essential for merchants operating in high-risk sectors to act in compliance with the law, as they have more obstacles to overcome along the way to getting approved. One of the challenges companies may face is surely obtaining a merchant account considered to be of high-risk to the banks. Therefore, in the article, we
20 Apr
What Is a Curacao Gaming License and How Can You Get One?
It is important for any business to act in accordance with the law. Today we will be talking about the Curacao gaming license, one of the world’s most famous jurisdictions that allows gaming businesses to operate in compliance with all legal requirements. Curacao gaming license explained The name of this license comes from Curacao, an
13 Apr
What Are NFTs and How Are They Connected to Crypto?
NFTs, short for non-fungible tokens, have been shaking up the world recently. One of the latest booming cases is the first digital art auction where the NFT-based artwork created by the artist Beeple was sold for $69 million. In today’s article, we are going to explain what non-fungible tokens are, how they can be used,
08 Mar
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
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
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
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.
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
Nutraceuticals in 2020
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 and dispute settlement
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
08 Jan
Is Shopify for you?
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
