The e-commerce industry has really grown over the years. Despite the growing popularity of e-commerce and online shopping, there are still some challenges that they have to deal with on a regular basis—and not just because of marketplace competition. Here’s our list of 10 most common e-commerce challenges and how to resolve them effectively. Increasing …
Managing transactions for your business is an important part of your job. Whether it’s paying workers or making routine payments, you need the right processes in place to ensure everything runs smoothly. Here are some tips to improve and manage your business transactions more efficiently in order to save money, time and stress. Create an …
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Have you ever questioned yourself why the cost of lettuce increases during a conflict in a distant nation? Well, war and international conflict in any country can have a devastating effect on Canada’s economy. This article will explore the different ways that international conflicts affect Canada’s domestic economy as well as how they are reflected …
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In 2001, Visa launched 3D Secure (then called Verified-by-Visa), a measure for preventing fraud. 3D Secure Authentication, often known as payer authentication, is a security procedure for online credit and debit card transactions that helps to avoid fraud. It enables banks to verify a purchase by requesting additional information from the cardholder. When you make …
Payment gateways, processors, or banks that issue the money decline certain transactions when they cannot process a credit card payment for some reason. It’s a typical issue for organizations that deal with recurring payments. This could be due to multiple factors. The percentage of credit and debit card declines is much higher than business owners realize. So, this results in failed payments. The card declines irritate …
The Chargeback protection process began in the 1970s, intending to protect consumers against charges from stolen cards or fraudulent merchants. Over time, the game altered as customers started to take advantage of merchants using this process. Although it is hard to eliminate chargebacks, there are strategies to avoid them. This post will go over preventative …
What is a Chargeback and Ways to avoid Chargebacks? Read More »
B2B payments, to put it simply, are payments processed between two businesses for any goods or services. This is a business-to-business transaction that does not involve any consumers. Businesses such as startups, retailers, corporations, etc., undergo B2B payments. Overview of B2B payments: The buying and selling process between businesses have their internal mechanisms. Business buyers …
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There are so many things that play a very crucial role in your business and billing and invoicing software is one of them. Anyway, if you are into business, you are definitely going through different challenges. You cannot deny the fact that generating invoices quickly, getting payments on time, and tracking the paid amount and …
The Need Of Advanced Billing And Invoicing Software In 21st Century Read More »
At this point in time, we cannot deny the true conveniences of having digital payment methods. People all over the world are carrying credit cards and debit cards. They have found that carrying credit cards and debit cards instead of hard cash is a better and secure option. Anyway, if you are a merchant, you …
The Unknown Advantages Of Having Virtual Terminal In Your Business Read More »
You probably know that businesses are going online as people are bending towards online transactions. From small retailers to big organizations- you can see the presence of online payment terminals everywhere. Carrying cash and standing in the queue of payment in retail outlets have become outdated. We have already steeped into the modern era and …
Why Fraud Prevention Matters The Most In This Modern Era Read More »
