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,
Ewallet overview On the surface, e-wallets are like fee cards that work out of an app. You load dollars into a digital wallet, and then use these cash to pay for goods and services. How this works varies throughout the types of e-wallets. Some use QR code scanning to set
Fiat money means all kinds of money that are made legal tender backed by a government. The term is usually reserved for legal-tender paper money or coins that have face values and not pegged against the commodity values such as gold or silver. Historically, paper money and banknotes are used
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
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
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
The changing consumer behavior has transformed the payments industry significantly. Once dominated by the traditional checking/savings accounts has now turned to seamless “one-click” messenger applications like Alipay, WeChat and PayTM. Payment firms such as Stripe, Adyen and PayTM are disrupting banks, credit card companies and payment processors. These companies seek
A prepaid credit card is a secured card issued by a financial institution that has been secured with a prepayment. These cards can be compared to prepaid debit cards which use preloaded funds for transactions. Breaking Down Prepaid Credit Card Borrowers can utilize prepaid credit cards with a thin credit
What Is a Payment Gateway? A payment gateway is a technology used by merchants to accept debit or credit card purchases from customers. The term includes not only the physical card-reading devices found in physical retail stores but also the payment processing portals found in online stores. However, physical payment gateways in recent