Payments

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 Are Interchange Fees and How Are They Calculated?

The cost of a transaction is one of the most crucial things to know for any merchant. It may be tempting to focus only on the “positive” side of the equation and tally the money coming in, but this may offer a false image of how the firm is doing. Instead, the merchant has to […]

Best Ways to Receive International Payments in India

Sending and receiving payments in India has been made easier as there are multiple options citizens can use to move money. This is especially true for digital or online businesses that have dealings with people from across the globe. If you consider rendering your services to foreigners, you probably want to know your options when […]

Payment Aggregator vs. Payment Gateway: What’s the Difference?

If you are in the process of launching your business, especially if it is an eCommerce store, you are probably trying to find the best setup for online and offline transactions. As a result, you might have already come across different terms like payment aggregators and gateways, and you might not know which one to […]

How to Create a QR Code for Payment?

QR codes are a great way to simplify the payment process for your customers. They can scan them and make payments with their mobile devices instead of having to enter credit card information into your checkout form. In this blog post, we will show you how easy it is to create QR codes for all […]

What Is PCI DSS?

PCI DSS was founded in 2004 by Visa, MasterCard, Discover Financial Services, JCB International and American Express. The PCI Security Standards Council (PCI SSC) reviews the compliance strategy to protect credit and debit card transactions from data theft and fraud. Despite PCI SSC’s lack of legislative authority, every firm that processes credit or debit card […]

How to Set Up a Payment Link

What Is a Payment Link? Payment links are a new approach for you to request online payments from your consumers. They can utilise the link to view your request and pay you immediately, with all of your payment information already filled in (such as the payment amount, a description, and your bank account information). You […]

How to Create an Invoice: A Step-by-Step Guide

With businesses going fully digital, invoicing also needs to be done online. Now that many people are buying online, you need to be familiar with creating invoices for your business as fast as possible. Fortunately, many online tools can help you generate an invoice for your products or services. Even some payment services like Paykassma […]

Guide to Different Types of Payment Methods

The main reason why people start a business is to earn money. You get paid for either the goods you are selling or the services you render to others. So you must factor in payments even before you consider any other plans. It is practically impossible to run your business without any hope of getting […]

Acquiring Bank vs. Issuing Bank: What’s the Difference?

Multi-billion credit/debit card transactions happen every year, and acquiring banks and issuing banks are the two driving forces, ensuring money from these transactions gets to the intended destination. Any business that collects payments for services or goods must understand these important systems and how they function in the transaction process. So, what is an acquiring […]

What are Chargebacks and How do They Work? Everything you need to know

In simple terms, a chargeback is simply a payment dispute where a cardholder flags a transaction and asks his or her card operator to reverse it. This is to protect consumers from unauthorised billings and transactions. However, it can turn out to be a big headache for businesses, primarily if the chargeback is issued fraudulently […]

What Are Payment Aggregators?

A payment aggregator is defined as a third-party payment service provider (PSP) that processes payments for their users’ sub-accounts through a single major merchant account. This structure enables businesses that utilise an aggregator to swiftly enter the e-commerce industry by drastically lowering the amount of upfront effort required to take various types of payments, such […]

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 […]

Payments

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

Current E-Commerce Trends

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