- Email:Applications@purepay.eu
- Phone:+44 2080 898335
05 Apr
IBAN: How Does It Work, And What Differs it from a SWIFT code?
In one of our previous articles, we already briefly discussed the necessity of an IBAN and how to obtain one. Today, we will cover this topic in more detail. In this article, we will explain how IBANs work and the differences between an IBAN and a SWIFT code. What is an IBAN? An IBAN or
31 Mar
What Is a Rolling Reserve and Why Do Online Merchants Need It?
We have already briefly mentioned rolling reserves in one of our previous articles. However, today we will be covering it in more detail. This article will explain why a rolling reserve is an important tool for online merchants and some of its advantages. Rolling Reserve Explanation A rolling reserve is a strategy to take care
11 Jan
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
09 Jan
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
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
