Blog 6
Forex Spot Rate
What Is the Forex Spot Rate? The Forex spot rate is the current exchange rate at which a currency pair can be bought or sold. It is the prevailing quote for any given currency pair from a forex broker. In forex currency trading it is the rate that most traders
Micropayment
What Is a Micropayment? Micropayments are transactions or payments of less than a dollar (and in some cases, are only a fraction of a cent) that are usually made online. Micropayments are seen as a way to leverage the internet to facilitate the online payment in real-time of digital rights,
Alternate Methods of Online Payment
When making payments or purchases online, many consumers in the U.S. prefer to pay by credit card or with a debit card. However, there is always some risk when you are making purchases online that your payment information could be accessed by thieves or hackers and used to make unauthorized
The Most Popular Mobile Payment Apps
Mobile payment apps like Apple Pay and Venmo have grown exponentially since launch. Users will find solace in their ease of use and exceptional security. Despite the power behind such names, the original and most used mobile payments app was developed by a business model well-removed from the tech giants
Touchless, Contactless Payments Drive Consumer Safety Preferences
That consumers are a bit gun shy when it comes to shopping in physical stores — particularly when it comes to checking out at the point of sale and having to share a touchpad with every other shopper that’s been in all day — is well known a little over
Aggregate vs Dedicated Merchant Accounts
As a merchant, it helps to understand the nature of the accounts you are dealing with. Merchant accounts are primarily meant to hold the retailer’s money while it awaits transfer to an actual business bank account. Again, merchant accounts are divided into two categories: dedicated & aggregate merchant accounts. Dedicated
How The Pandemic Has Changed How We Shop – mainly in U.K. and Europe
The shutdowns are on in the European Union as COVID-19 cases rise and local leaders work overtime to bend back the curve because their hospital ICU beds are outstripped by the exploding number of new cases. In the U.K., the government of Prime Minister Boris Johnson, after weeks of seeking
Cryptocurrency – Legality in Vietnam
Yes, it is legal but illegal as a payment tool. The State Bank of Vietnam has declared that the issuance, supply and use of bitcoin and other comparable virtual currency is illegal as a mean of payment and subject to punishment ranging from a hundred and fifty million to 200
Advantages of cryptocurrency payments
1. Open code for mining crypto currency – BTC applies the same algorithms that are used in on-line banking. The solely distinction of Internet banking is the disclosure of information about the users. All statistics about the transaction in the BTC community is shared (how, when), but there is no
Cryptocurrency – Legality in Thailand
Yes, it is legal in Thailand. Thai based bitcoin exchanges can solely exchange Digital Currencies for Thai Baht and are required to function with a Thailand Business Development Department e-commerce license. They are additionally required to have KYC and CDD policies and procedures in place, in accordance with the Ministerial