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Understanding Dynamic Currency Conversion – A Presentation

Dynamic currency conversion (DCC) is a feature that allows credit card holders to pay for products and services abroad with their local currency. This means that if an American travelling internationally chooses to use his or her credit card to pay for say, hotel accomodation, he or she will be given the choice of being […]

Why the Same Transaction is Successfully Processed By One Provider, But Not Another

Let’s take a typical scenario. A customer from Brazil tries to buy a product from an Africa-based tourism website. The transaction is declined. Then, he tries to buy the same product from another Africa-based tourism website, and the transaction is successfully processed. What causes the transaction to be successful on one website but not another? […]

25 Things You Probably Don’t Know About Digital Payments But Should

Thanks to technological advances and the ability to accept digital payments, merchants can offer multiple payment options to customers all over the world. However, the global payment processing landscape has become more complicated, involving multiple steps and numerous service providers. No doubt, as a merchant, you’ve come across unfamiliar terminology and there may be some […]

The Top 5 Challenges in Online Payments – Smart presentation

In today’s day and age both consumers and online merchants naturally assume that buying and selling online should be an easy, seamless and safe process. However, most people don’t understand the intricacies that go into ecommerce transactions and how complicated they can actually be. A typical ecommerce transaction triggers complex automated processes that involve downstream […]

Why Shop Owners Should Use an All-In-One Payment Solution

Currently, many shop owners are relying on more than one way to accept and process payments. A common scenario that might be familiar is the use of mobile phone apps and SMS to collect online payments and a separate mPOS device to swipe credit cards. In addition to those, using QR codes for payments usually […]

Everything You Need to Know About Trivago

Trivago is a global hotel search website, where site visitors can compare hotel prices for 1.3 million hotels across 190 countries. It allows users to compare hotel deals and find the best prices quickly and easily. History Trivago was founded in January 2005. It was developed by a founding team in Dusseldorf, Germany. Initially, it […]

How African Entrepreneurs Should Choose a Payment Service Provider

As an African entrepreneur launching your startup business, you’ll need to choose a payment service provider (PSP) that offers the services you require for accepting digital payments. Owners of online businesses will need an integrated solution that accepts payments via a variety of global and local payment methods and currencies. The PSP you choose will […]

Top 5 Challenges in Online Payments and How to Overcome Them

Online merchants and consumers alike expect online buying and selling to be easy, efficient, and safe. eCommerce transactions trigger complex automated processes that involve downstream players: banks and payment processors to name just two. In addition, technological advances in smartphones and e-wallets, shifting purchase patterns, and demand for cross-border, multi-currency electronic payments have fueled PSP […]