Posts Category Online Payments

Chargebacks are a bane to business. It costs you money, spoils a customer’s experience, sullies your relationship with your payment processor, and leaves your books in a mess. Introduction: What Are Chargebacks? Chargebacks happen for a number of reasons, from basic fraudulent transactions to unhappy customers, misleading advertising, faulty products, confusing company policies, and basic […]

The alternative payment method industry (APM) is expanding to meet the needs of businesses around the world, especially in emerging markets. The potential of emerging markets Growth opportunities Emerging-market societies have larger numbers of unbanked people compared to developed countries. This is why many citizens there are turning to alternative payment service providers, resulting in […]

As Brazil continues to make significant strides in digital transformation, the introduction of PIX, an innovative and efficient instant payment system, is revolutionizing the country’s payment landscape. This platform not only enhances how businesses operate but also offers numerous benefits crucial for staying competitive in today’s market. Brazil’s Thriving Digital and Economic Landscape Brazil’s economy […]

The payment industry is gearing up for a transformative year in 2024, and we’re excited to be at the forefront of these changes. Here’s what’s on the horizon:   VISA’s Strategic Updates: Get ready for an increase in annual registration fees for High Integrity Risk merchants, effective from January 1, 2024. Also, a new Integrity […]

In today’s digital age, online subscriptions have become increasingly popular, offering convenience and access to a wide range of products and services. However, managing recurring payments can be a challenge for both merchants and customers. In this blog post, we will explore the world of secure payments and reveal a better way to handle online […]

In today’s fast-paced digital landscape, businesses rely on seamless payment transactions to provide a smooth customer experience. A robust and feature-rich Payment API plays a crucial role in enabling secure and efficient payment processing. In this blog post, we will explore the top 10 features that every Payment API should have to meet the evolving […]

What is checkout abandonment? Checkout abandonment is when a potential customer starts the check out process for an online order but drops out of the process before completing the purchase. Any item that enters the shopping cart but never makes it through the transaction is considered to be “abandoned” by the customer. This process demonstrates […]

While online payment concepts have straightforward elements, there are many tips businesses can take advantage of when it comes to the best credit card checkout UX practices. The checkout is the most important part of your selling process. It is the place where all of your company’s hard work is converted into revenue. Knowing how […]

E-Commerce Of The Past In Europe Before the Covid pandemic, during the calendar year of 2019, Europe’s global share of e-commerce was only about 10%, roughly equating to $340 billion. That year, however, e-commerce grew more than 15% in Eastern Europe. In Western Europe, it grew by more than 10%. While the Eastern market outpaced […]

One of the most important lessons following the COVID-19 crisis is probably that the world is becoming more digitally connected and that it does so at an extremely fast pace. From a regulatory point of view, policymakers are challenged to ensure that the policies they develop fit with this transition and that they encourage innovation […]

An API is the connection between a computer engineer and the application they create. It acts as the “middleman” accepts messages, passes them on as requests and then returns data to the message sender. A user could ask the middleman to return information, such as a list of customer names. Alternatively the user could send […]

A high-risk merchant account is a payment processing account for businesses with an increased risk of chargebacks. These types of merchants usually pay higher fees than average, but the benefits may outweigh the cost.If a company has high potential of chargebacks, or historically many chargebacks and refunds, the bank may put a reserve on your […]