Paykassma Blog

Card-Not-Present (CNP) Transactions and Why They Matter

It’s critical to provide your customers, both in-person and online, with various payment options. To make the buying experience easier for your customers, you must provide them with as many options as possible. Not all payment methods are made equal. Card-present transactions (CP) and card-not-present transactions (CNP) are the two basic payment types. If you […]

Current E-Commerce Trends

COVID-19 changed the world, and it has had a lot of impact on the economy globally. During the lockdown or movement restrictions, many retail businesses found a way to thrive even while hoping an end to the pandemic would come. While physical stores were closed, companies began to look at e-commerce alternatives. They were able […]

What Is Open Banking?

Open banking is a new method in which banks grant access to third-party financial service providers via an application programming interface (API) with the consent of their customers. These third-party providers (TPPs) gain access to your banking data and help you monitor it in a specific way, depending on their business model and service, or […]

What Is a White Label Payment Gateway?

A white label payment gateway is a payment solution used to offer payment processing services to your customers under your brand. For example, you can handle credit card payments in various currencies using this payment gateway. In addition, you are allowed to sell these services directly to your clients through the payment solution. If you […]

Buy Now, Pay Later (BNPL) Scheme Guide

There are a lot of e-commerce, banks, and retailers who have set up “buy now, pay later” (BNPL) deals as this seems to be the trend for growing businesses that want to attract new customers and increase sales. Formerly, only people with good credit could get short-term loans from BNPL. But now, many people can […]

BNPL Fraud — “Buy Now, Pay Later” Fraud Risks Explained

A slew of new payment options has emerged in the last few decades. Popular payment systems like PayPal, Apple Pay, Venmo, and many others make it easy to send money between friends. Buy Now Pay Later (BNPL) is an increasingly popular way to pay for online purchases, even though BNPL is an age-old practice. It […]

What Are A2A (Account-to-Account) Payments?

Paying straight from one bank account to another is known as Account-to-Account (A2A) payments. There are no middlemen or payment devices like credit cards involved in this type of transaction. Instant payment networks all around the globe are being used to transfer funds from the payer’s bank account to the payee’s bank account. The settlement […]

Card-on-File Tokenization

Financial institutions are cautious because of fraudsters and criminals looking for opportunities to steal people’s funds. These institutions continue to provide solutions to minimize security risks resulting from payment data. Even though the PCI DSS compliance scope ensures adequate security on customers’ card data, it is still important that other measures are considered. Tokens can […]

IMPS vs NEFT in Banking

With the need for banking service digitization becoming imminent, we’ve seen many digital payment services come to life, including NEFT and IMPS. These two services are fast becoming some of the best available to customers. Although they provide digital payment services, IMPS and NEFT have many discrepancies. What Is NEFT? National Electronic Funds Transfer (NEFT) […]

IMPS vs. UPI in Banking

The term “IMPS” stands for ‘Immediate Payment Service.’ It is a secure and immediate interbank electronic fund transfer service that enables users to access their bank accounts and transfer money. The National Payments Corporation of India launched the UPI (Unified Payments Interface) payment system. Customers can use UPI to pay directly from their bank accounts […]

What Is a White Label Payment Gateway?

Electronic Commerce Explained

Electronic commerce (e-commerce) is a business strategy that allows consumers and businesses to buy and sell goods and services over the Internet. E-commerce can be done on computers, tablets, smartphones, and other smart devices, and it operates in four key market categories. E-commerce transactions can be used to buy almost any commodity or service imaginable, […]

Mobile Commerce Explained

The globe has seen significant breakthroughs in business, goods exchange, and information with the introduction of the internet and wireless technology. With the continued growth of mobile commerce technologies, traditional commerce is rapidly losing its way to e-commerce. People are more reliant on mobile gadgets than ever before. Mobile commerce is a fertile ground that […]

What Are Mobile Payments and How Do They Work?

Summary: Convenience is key when it comes to mobile transactions. So if you want people to choose your business over others – make sure that they can pay directly through their phone. Mobile payments are a new way to pay for items using your smartphone. They allow you to purchase goods and services from physical […]

Paykassma Blog

Card-Not-Present (CNP) Transactions and Why They Matter

Current E-Commerce Trends

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