What Is The Different Between B2b Payments And B2c Payments?
B2B AND B2C PAYMENTS
casey seow
- September 27, 2017
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Earlier this year the International Security Ligue published its report ‘Fraud in Cash and Electronic Payments: Taxonomy, Estimation and Projections’. Based on data gathered in a broad range of countries between 2014-18, it provides an interesting and comprehensive classification of payment fraud alternatives, and also offers an estimation of the
- October 13, 2020
Contactless payment first arrived in the 1990s and is now having its moment. Both companies and consumers are looking for ways to conduct business with as little physical interaction as possible during in-person transactions. We’ve been building to this moment, if you think about it. Organizations have been steadily increasing
- October 13, 2020
A contingent guarantee is a guarantee of payment made through a third-party guarantor to the seller or provider of a product or service in the event of non-payment by the buyer. Understanding Contingent Guarantees Contingent guarantees normally are used when a supplier does no longer have a relationship with a
- October 12, 2020
Commercial Letter of Credit This is a direct payment method in which the issuing bank makes the payments to the beneficiary. In contrast, a standby letter of credit is a secondary payment method in which the bank will pay the beneficiary only when the holder cannot. Revolving Letter of Credit
- October 12, 2020
What is an E-Cigarette? Electronic cigarettes are smoking devices that have been commercially available since 2004. The idea is to simulate the sensation of smoking while providing an alternative nicotine supply, without the user inhaling the tars. They come in many shapes and sizes, but their purpose is the same;
- July 4, 2014
Nowadays, people prefer to place bets on major sporting events like the World Cup through their cell phones. Most mobile gambling companies will accept major currencies like the US Dollar and Euros through credit cards. Mobile Gambling statistics: 1. The total amount wagered on mobile casinos is expected to surpass
- June 26, 2014
3-D Secure is an XML-based protocol that enhances protection for Internet credit card payments. It was first developed by Visa, followed by MasterCard, JCB International and American Express. 3-D Secure Payment Process 1. Users place orders at merchant sites. 2. Payment provider requests users to enter credit card details. 3.
- June 16, 2014
First, lets go through the flow of a success transaction. 1. Customer places an order in an online store 2. Supplier checks the inventory and contacts the shipping company to proceed with delivery 3. Customer receives the goods Along the process, there is the possibility of human error. 1. Product
- June 12, 2014
Forex is an abbreviation of Foreign Exchange, which is a global decentralized market for buyers and sellers to trade currency at agreed prices. Currencies are always traded in pairs, base currency and quote currency. To buy one currency, you must sell the other or vice versa. The core traders are
- June 2, 2014
The history of credit cards is closely related to the evolution of transactions. From basic bartering to the modern e-payments we know today, technology advancements have made trading and the payment process easier. Prehistoric age – No business transactions, everything was shared for survival. Bartering – The earliest trading system,
- June 2, 2014
Buying pharmaceuticals online is relatively risky for a number of reasons. Besides your personal health, your personal financial information must also be protected. Unspecified ingredients The drugs or medication may contain too much or too little in dosage, or it may contain dangerous ingredients that have not been approved by
- May 28, 2014
1887 – Edward Bellamy invents the concept of making a purchase using a card, in his utopian novel Looking Backward. 1920 – Oil companies issue their own proprietary cards, and individual companies offer credit to their customers whom they would bill later. 1949 – McNamara started The Dinner Club (charge
- May 14, 2014
With more than 1 billion active smartphones globally, the ubiquity of mobile devices is empowering user communication, social activity and business trading. Younger demographics spend more time on mobile devices, and it is expected that 1 in 3 mobile users will use online banking. Some users avoid using mobile banking
- May 8, 2014
Bank card numbers can be anywhere from twelve to nineteen digits long, while most credit cards have sixteen numbers. Is there meaning behind the codes? How do you know if a credit card is valid? How about the validation code? The first digit of card numbers is the Major Industry
- April 25, 2014
