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By Boaz Gam

What to Know About Payment Risks and Compliance in 2021

Payments are traditionally considered to be a high-risk sphere. This is due to the complexity of the procedures and tools used, the rapid development of new technologies, and the threat of fraudulent transactions. These risks are dangerous not only for the service providers and their users but also for the economy as a whole. That’s why the payment risks must be identified, monitored, evaluated, and managed. Read ahead for an up-to-date overview of the payment risks and compliance!

By Boaz Gam

About International Payment Systems

Electronic payment systems provide access to international financial markets, allow persons from different countries to pay for goods and services free of territorial limitation. Features of electronic payment systems function are helping carry out the transfer of finance funds such as money, conditional payment units, securities, certificates in electronic execution. The growing popularity of e-commerce and the possibility of convenient payment for goods (services) directly from home increases the number of users of various international payment systems exponentially. This method of calculation is convenient and reliable. Its reputation is getting higher every day.

By Boaz Gam

Your Ultimate Guide to Recurring Payments

As a consumer, nearly every person has encountered recurring payments in action. But, as a business owner, have you considered introducing this billing type into your company’s practice? If you are still undecided, this guide is for you. Here we will tackle all the main aspects of this tech solution and explain how to integrate it into your business.

By Boaz Gam

Everything You Need to Know About Cross Border Payments

In the era of economic globalization, cross-border payments have become a vital necessity. In 2019, their value totaled $130 trillion and is estimated to reach $250 trillion by 2027. Since the volume of cross border transfers is demonstrating such rapid growth, it is an absolute must for business owners to be aware of what these transactions are and how to make them efficient. Our guide is your key to mastering the intricacies of this topic.

By Boaz Gam

PSD2: What Is Strong Client Authentication 

The 14th of September 2019 was the day when Strong Customer Authentication (SCA) requirements for online payments entered into force as a part of the second Payment Services Directive (PSD2). These regulations drive change in online retail and payment security.

By Boaz Gam

3DS2 – a new level of security. What’s new and how to transit?

We are considering how to switch to new 3‑D Secure 2.0 protocol without spending a lot of resources on it. And most importantly, how not to lose in conversion and not to harm patency of payments during transition period.

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