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 E-Commerce Security?

An e-commerce business is a tough nut to crack. It might look exciting to sell an assortment of products and earn a lump sum, but it involves more than that. On top of that, the risk of losing a potential website to security threats is never-ending. During the COVID-19 pandemic, the risks of such security […]

What Is a POS Machine?

With the growth in consumer expectations and the advancing needs of meeting them, businesses constantly struggle to find the best-automated machines. These machines help complete a specific task on time without requiring too much physical labour. As such, other employees can focus on more productive tasks and develop new strategies to quench the customer’s expectations. […]

How to Use a POS Machine

Before we talk about using a POS machine, we would like to clarify that there is technically no such thing as a POS machine. Instead, it is mainly used to refer to a point of sale system or a card terminal. Now that we have cleared that up, let’s dive right into the main topic […]

ACH Payments vs Wire Transfers

When businesses seek ways to receive or send money, the two options commonly given are either ACH or Wire Transfers. These two electronic payment systems are the safest ways to move money without any hassle. Banks ensure that they monitor and track the movement of funds following these two channels. There are critical differences between […]

How to Accept Credit Card Payments Online

As a business owner, you need to receive payment one way or the other. Nowadays, the best way to go is online, as most businesses are conducted online without meeting your customers. One of the questions business owners want to know is how to accept credit card payments. This guide will show you what you […]

What Is Payment Fraud?

Payment fraud can be seen as confiscating someone else’s payment details and using them for illegal transactions and purchases. A dispute is filed when the original holder of the payment card discovers an unauthorised breach into his or her account. This is where business owners run into trouble, as they will have to settle the […]

What Are NFC Payments?

NFC is simply Near Field Communication, a new technology that allows people to make payments conveniently and quickly across Europe and America. This technology will enable devices close to each other, usually within up to four centimetres apart, to interact and share information. Devices that utilise the NFC technology include card terminals, mobile phones, and […]

What Is a POS System?

A point of sale or POS system is a device or system that provides easy business transactions between a vendor and a buyer. This system is a computer-aided network, which consists of a primary computer connected to different checkout terminals. Additionally, it is supported by various hardware features that include barcode scanners and payment terminals. […]

Card-Not-Present (CNP) Transactions and Fraud Risk

According to research conducted by the Federal Reserve in 2018, card-present fraud decreased from $3.68 billion in 2015 to $2.91 billion in 2016. However, eCommerce card-not-present fraud climbed by $1.17 billion during the same period. With the broad implementation of EMV (chip) technology across the country, this number is expected to rise. Fraudsters are shifting […]

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, […]

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 […]

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 […]

Paykassma Blog

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

Current E-Commerce Trends

You may like