Posts Tagged ‘Online Payments’
What is a Chatbot?
The fast pace of technology makes touching base with your clientele easier every day. You can now buy a car and have it delivered to you at your doorstep without haggling with car dealerships. Or you can get a ride almost everywhere in the world with a few swift clicks on your phone. In the…
Read MoreThe Lowdown on Fintech
Fintech, a portmanteau of the words “financial” and “technology,” has taken the world by storm. In everything we do, from buying coffee to managing bank accounts online, this technology is always around us. Designers have used Fintech to create several payment apps such as ever-popular PayPal and Venmo. Cryptocurrency is another example of Fintech creeping…
Read MoreConsumer Finance Payment Systems
Adopting innovative payment solutions is one of the best things a consumer finance company can do to take their service delivery to the next step. Amidst the industry’s heavy competition, you must offer payment solutions tailored to improve customer experience and upgrade your company’s procedures. What is Consumer Finance? Simply stated, a consumer finance entity…
Read MoreDigital Payments – The Benefits and Convenience
Key Takeaways Digital Payments: Transactions done without cash or physical checks, typically using credit cards, debit cards, or mobile apps. Process: Businesses require a merchant account. Payments are processed via a virtual terminal or online gateway and then deposited into the merchant’s bank account. Benefits: These include increased efficiency, better customer service, reduced fraud, increased…
Read MoreProcessing Web Payments? Make Sure Your Website Is Card Brand Compliant!
There is no doubt about it; accepting online web payments significantly boosts your business profits. Did you know if you currently are processing web payments, your site needs to be card brand-compliant? It does!! Visa, Mastercard, Discover, and American Express, the major card brands, require online merchants to have clear policies revealing information about the…
Read MoreCard Not Present Payment Processing
Key Takeaways CNP Payments: These transactions involve processing payments without a physical card present, commonly used by e-commerce and MOTO merchants. Differences from Swiped Transactions: CNP payments don’t require card readers but have higher fraud risk and chargeback rates. Secure CNP Payments: Implement security measures like PCI-DSS compliance, tokenization, encryption, and card brand programs for…
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