With online sales multiplying by the day, and 2020 predictions for the sector approximating at trillions of dollars, merchants must understand key market trends to stay afloat in a dynamic market. Payments, for instance, are vital in making the sales process successful. With the advent and widespread use of cellphones,
Generally, there are four main methods to integrate a payment gateway: Hosted gateway A hosted payment gateway acts as a third party, as it requires your customers to leave your website to complete a purchase. The pros of a hosted payment gateway are that all payment processing is taken by the
It’s no surprise that everyone who touches the transaction wants to get paid, including the issuing bank, the credit card associations (Visa, MasterCard, etc.), the merchant bank and the payment provider. At its most basic, every time you process a transaction, you pay several fees: Interchange: The issuer gets paid
2C2P (Cash and Card Payment Processor) is a Southeast Asian (SEA) comprehensive payment solutions provider. Founded in 2003, the company has since established itself as one of the leading payment solution providers in Asia-Pacific. 2C2P is well positioned to provide payment solutions tailored for the local needs of Asian and
One of the biggest challenges for the gaming industry is adapting to ever-changing regulations. The gaming industry is highly regulated, and the European online gaming market has no policy that regulates all countries across the continent. Every merchant, depending on the country they operate in, needs to follow regulations, licenses,
What is senangPay? senangPay is a payment gateway service provider. senangPay allows you to receive credit and debit cards (locally and internationally), and FPX payment easily. With senangPay, you can share your payment through Facebook, Whatsapp, e-mail, blog and even integrate in your online store. senangPay do not charge any
E-Wallets make it easier for customers to purchase things without any hustle of using their cards (debit/credit) and cash from their physical wallet. It is convenient to make payment via mobile wallet instead of carrying cash or credit/debit cards. Pro Convenience Just tap your device to proceed payment, or scan
In technical terms, a payment gateway is a technological know-how that without problems connects the service provider as well as clients with the payment networks. The use of payment gateway is to accumulate the statistics of the customer and to furnish approval on purchases with the aid of sending the
Payment fraud In 2018, FTC acquired 18 million complaints related to ecommerce. Out of these, 48% had been associated to payment fraud. The ecommerce enterprise is evolving and as your ecommerce save grows, you will get hold of greater fraud orders. Most of these are fake orders that hackers or
Just recently a video has been circulating online that showed how easy it is to steal money from a paywave or paypass card. The man held a card terminal towards a person’s butt and it manages to get a card approval for a $0.05 transaction. But is this really true?
