What is USDT USDT, or in another name Tether is a type of cryptocurrency. It falls under the category of stablecoins under cryptocurrency. USDT operating in Hong Kong, by a company named Tether. USDT is special compared to other cryptocurrency because it is designed to remain value at USD 1

What is PCI Compliance PCI compliance, or PCU DSS stands for Payment Card Industry Data Security Standard. It is a set of requirements to make sure all the companies that process, store and transmit credit card information maintain in a secure environment. The PCI Security Standards Council (PCI SSC), created

Most modern business owners and operators at some point have to deal with e-commerce transactions for their business. In the process of setting up an over-the-web payment process, chances are you’ve heard of the terms “payment gateway” and “payment processor.” At a glance, the two phrases seem synonymous. They are

What is bitcoin and how does it work. Say there’s a coin that’s currently worth hundreds of US dollars, but it’s not made of gold, or platinum, or any precious metal. In fact, it’s not the kind of coin that you can hold in your hand or stick in a

Crypto-currency is digital currency, or a “digital value representation,” as the Internal Revenue Service (IRS) puts it. You can’t see it, hold it or put it in your wallet. It has been in use for more than a decade, and has grown in popularity in recent years. Cryptocurrency employs a

In the mid-90s, a digital asset is a digital entity owned by an individual or company. Examples include digital photos, videos, and songs. These assets are not tangible, meaning they have no physical presence. Today, inventions such as cryptocurrencies are part of the digital asset revolution. Bitcoin represented the biggest change to the meaning of the term digital asset to date.

Credit Cards vs. Debit Cards Credit cards and debit cards look almost similar, with 16-digit card numbers, expiration dates, and personal identification number (PIN) codes. But that is where the similarity ends. Debit cards allow bank customers to spend money by deducting money they have deposited at the bank. Credit cards

What is a Payment Processor? In the simplest terms, a payment processor (also known as PSP – Payment Service Provider) is a company that handles transactions between two parties, such as a merchant and a customer or banks. It accomplishes the payment by relaying the payment information, like a credit