Merchants nowadays are continuously searching for ways to streamline the payment process to cater to customers who appreciate shopping with speed and convenience. While it can be achieved in multiple ways, card-on-file (CoF) transactions remain one of the most effective tools to optimize checkout and boost sales.
The payment industry is experiencing a period of rapid transformation nowadays. This is partially due to the emergence of a multitude of players in the payments-as-a-service (PaaS) sphere. These providers enable FIs and other entities to outsource payment products and services and offer them to their clients without facing high upfront costs.
Businesses that aim to operate internationally often tend to be so involved in setting up globally accepted payment methods that they overlook the local ones. However, it is crucial not to skip this step, as successful market entry is unimaginable without it.
Friendly fraud is a compounding issue that is all too familiar to merchants. It occurs when a consumer makes an online purchase with their payment card and then disputes the charge. Sadly, over the past few years, the number of such fraudulent instances leading to chargebacks has grown significantly along with the rise of eCommerce.
As the world is gradually recovering from the effects of the COVID-19 outbreak, consumers can now make purchases in person without putting their health at risk. However, while shoppers have returned to brick-and-mortar stores, they haven’t given up on digital payments that experienced rapid growth during the pandemic.
Digital wallets and contactless payments have seen a surge in popularity during the COVID-19 pandemic, with Apple Pay being one of the tech solutions prospering at the time. The plethora of benefits this payment method offers and Apple’s course on innovation make it clear that this upward trend will continue.
We're extremely proud to announce that Payneteasy has officially become a part of the community of gateways and payment processors supporting the Google Pay API.
The Digital Services Act (DSA) and the Digital Markets Act (DMA) are legislative proposals of the European Commission that aim to build a safer online space by protecting users’ fundamental rights and establishing a fair playing field for businesses.
Buy now, pay later services are installment-based payment schemes that have experienced a surge in popularity over the past few years and have become a prominent part of modern eCommerce. In fact, BNPL hit $1.6 trillion in global market value in 2020, showing a 5% year-over-year increase and outpacing credit card expenditure which declined by 4% during the same period.
Thank you for reaching us. Your request has been sent successfully. We will get back to you as soon as possible.
Message was not sent