Archive 1
What is the difference between chargeback and refund? There is a little difference between the chargeback and refund. Chargeback involves time, money, and resources. The main difference exists between the ways of how a cardholder receives the payment. The other difference is the fees because both in situations, merchants lose
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What is a Refund? A refund is a particular kind of payment a seller returns to the buyer, which was initially used for buying the goods or services of a seller. The buyer asks the seller for a refund if he is not satisfied with the services and that payment
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There are several payment gateways in Southeast Asia which provide the same services for merchants and customers. In terms of offering services such as online banking, card processing, and even offline payment, every payment gateway may look similar. But between them, there are many differences. To make them well known
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Know Your Customer (“KYC”) is a standard due diligence process used by investment companies to assess investors they are conducting business with. Apart from being a legal and regulatory requirement, KYC is a good business practice as well to better understand investment objectives and suitability, and reduce risk from suspicious activities. KYC
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What is MSO license MSO (Money Service Operator) is a license issued by Customs and Excise Department of Hong Kong, under the provisions of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance of Hong Kong. The MSO license authorizes a person to perform currencies exchange and also fund remittance. The remittance
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Where to locate us? Step 1: Open any internet browser and search for https://admin.awepay.com/security Step 2: Once the URL searched, user will be directed to the page as below. Step 3: Once logged in, user will be directed to the main page as shown below Tabs  On top of the
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There’s no shortage of exciting and convenient payments technologies these days, but none are as buzzworthy as P2P payments. When cash used to be king, people exchanged cash or paper checks to settle debts. But times have changed. Whether paying the babysitter, splitting the rent with a roommate or sending
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When you deposit a cash into a bank you are no longer a legal owner of that money but the banks are. They keep 10% of your deposit on reserve and can loan out 90% of that money to someone else that other person can deposit that money into another
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