Business goes digital more actively these days. Its two main pillars are electronic and mobile trade transactions. Let us tell you more about them.
Online acquiring is a crucial component of every type of business. We'll tell you why you need it, how it works, and how to integrate it in your company.
In 2021, bank cards have become the most popular means of payment in the world. It is getting harder to do business without acquiring, so in this article, we’re going to discuss how it works, who is involved in the process, and what needs to be done to get it up and running.
Choosing a merchant account provider to handle electronic check or credit card payments is one of the most important decisions you will make as a business owner. Pick the wrong service provider, and you’ll pay high rates and fees, getting poor quality of service and a payment solution that doesn’t meet your business needs. Choosing the right supplier means gaining a competitive advantage.
Platform providers and large merchants experience ongoing challenges with payments. They often have multiple PSPs, that are difficult to manage which leads to reduced acceptance rate, wasted time and resources, as well as errors in charges.
Without doubt, banks have come to the realization that a technology-driven strategy is essential for operational efficiency. Most of the industry’s giants went digital long ago in terms of the user experience with apps and portals. That’s crucial for their UX – in terms of how their customers see them.