2018’s Main Payment Trends and Innovations.
Throughout 2018, new technologies continued disrupting traditional payment processing methods across the globe. Cryptocurrencies, P2P payments, and mobile wallets are just a few of the innovations that are gradually gaining momentum to eventually overtake cash and cards. With so many new elements vying to play a role in the future of financial transactions, it’s important […]
GDPR and the Importance of Compliance
What is the GDPR? Implemented on May 25, 2018, the General Data Protection Regulation (GDPR) is an EU law designed to provide additional protection for personal data, regulate how companies use collected data, and users’ right to privacy. The GDPR applies to all personal data that is handled within the borders of the EU – […]
Using Pre-Authorization To Guarantee Payments In Your Hotel
Authorization hold or Pre-authorization is very useful for merchants in the travel industry, as it gives you a security guarantee, ensuring that customers pay for the services they use. It can also save money. Here is a brief overview of what pre-authorization is, and how it can benefit your business. What is a pre-authorization? Pre-authorizing a […]
Starting Your eCommerce Store Using Shopify? Here are a few pointers.
Shopify is a complete eCommerce solution, enabling merchants to reach customers via an online store. Shopify is a cloud-based hosted solution, which means the platform is kept up-to-date, can be accessed from anywhere in the world, and doesn’t require a merchant to have their own web servers or a third party hosting company. Plans Shopify […]
Cashless and Mobile Money Payments in Namibia
Gone are the days of collecting cash and stuffing it under the mattress until you need it: cashless payments – those made with credit, debit, or prepaid cards, or e Wallets– are extremely popular worldwide. Customers prefer the ease and security of carrying these forms of payment in their wallets, rather than bank notes. All […]
Quick Guide to Magento & Why It’s Good For Your Business
Magento is a powerful, scalable, flexible, and user-friendly eCommerce system which gives merchants the opportunity to bring their products and services to the digital world. It is open source and easily customizable, making the Magento platform a great choice for business owners who want a cost effective way to launch an eCommerce website that is […]
3 Ways To Make Recurring Billing Effective For Your Business
For merchants selling goods or services billed in instalments or on a subscription basis, recurring billing is a necessity. Recurring billing is when a merchant sets up a prearranged schedule to bill a cardholder for specific goods or services. Once the merchant has permission from the cardholder to collect future payments, recurring payment processing does […]
Payment processing features for the insurance industry
Payment processing is an integral part of the business for insurance agencies. Because so much of insurance companies’ business is based upon payments received, it is pivotal to select a payment processor that has all of the most important needs covered. The leveraging the following features along with a merchant account will ensure that insurance […]
The Most Important Payment Processing Features for Restaurants
Service experience is crucial to customer satisfaction, and the easiest way to make customers happy (except for serving delicious food of course) is by choosing the right forms of payment processing for your restaurant. Customers are paying with a variety of methods these days and are looking not only for a restaurant that accepts credit […]
The Most Important Payment Processing Features for Hotels
Payment processing is a key part of the organization and management of a hotel, and whether online or in-person, it is important to have many ways of processing your guests’ transactions in a secure, efficient way. Accepting a variety of payment options not only expands your customer base, but improves the customer experience from booking […]