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Leverage is the ratio of your deposit to the lot you work with. In other words, those having a deposit of $ 100 can make a deal with a lot of 10,000 – in this case the leverage will be 1 to 100. If you set the lot to 5,000,
- December 8, 2020
Before it hits your merchant bank account a credit card transaction goes through several stages. The lifecycle of a transaction is complex, so we want to shed some light on what happens once your customer taps into the terminal or enters their card, and explains how approvals are funded into
- December 8, 2020
A card scheme fee transaction may include any number of charges, including variable fees or fixed fees not related to the transaction. Fees vary depending on the type of card, acceptance method and geographical location. Fixed fees depend on the card scheme service used and volume processing. Roughly, the card
- December 8, 2020
The fee for the card scheme is the fee paid by the acquirers to become members of this scheme. The acquiring banks then pass on the fees paid by the merchants (via credit card merchant fees), which each merchant pays as a transaction or bundle charge. Although most of the
- December 8, 2020
Technically yes. On 7 December 2017, Bank Indonesia, the country’s central bank, issued a regulation banning the use of cryptocurrencies including bitcoin as payment tools beginning 1 January 2018.
- November 2, 2020
Outsourcing certain facets of your business operations to third-party vendors and service providers can be a great way to save time and money, while making your business more efficient. However, outsourcing operations can also create vulnerabilities, especially if you can’t verify that your vendors—or the additional vendors they employ—are PCI-compliant.
- November 2, 2020
What Is an Initial Coin Offering (ICO)? An initial coin offering (ICO) is the cryptocurrency industry’s equivalent to an initial public offering (IPO). A company looking to raise money to create a new coin, app, or service launches an ICO as a way to raise funds. Interested investors can buy
- October 27, 2020
Bitcoin’s meteoric rise in prices in 2017 awakened mainstream interest in the original cryptocurrency.1 But the rise in interest has not been without consequences. One of the downsides of new investors entering the market is the increase in the number of scams, frauds, and stories of retail investors who lose
- October 27, 2020