American Express Security and Fraud Prevention Strategies
Preventing fraud is an important step towards safeguarding your business and protecting customer information. Many major card providers utilize a range of security features and fraud prevention strategies to ensure merchants and customers are protected. American Express is one such provider. There are a variety of American Express security and fraud prevention strategies. When accepting […]
Visa Security Features and Fraud Prevention Strategies
Like every major credit card company, Visa takes fraud prevention very seriously. Using a selection of sophisticated card security features and an array of fraud prevention strategies, they enable merchants to accept card payments with a minimized risk of fraud. Physical features of Visa credit and debit cards Visa security features has a first line […]
MasterCard Security Features and Fraud Prevention Strategies
When customers pay by credit or debit card, there’s always a risk of fraud. However, card providers such as MasterCard implement a wide range of features to ensure the highest level of security possible– preventing fraudulent transactions and ensuring that you, the merchant, can recognize a fraudulent card. If you’re accepting a MasterCard card payment, […]
An Inside Look at the Credit Card CVV and How It Protects Against Fraud
Preventing fraud is a priority for merchants and customers alike. When a customer pays using a credit or debit card, procedures are in place to ensure the transaction is not fraudulent. The card itself has multiple features built into its design. Recognizing and understanding these features allow merchants to identify fake credit cards. One of […]
Upselling and Cross-Selling: How, What and Why?
Ecommerce merchants are always trying to improve their sales. Learn more about upselling and cross-selling techniques, and how they can boost your revenues.
The Latest in African Fintech 2017 and Forecasts for 2018
As of August 2017, African fintech startups have raised over $100 million in investment. And, we don’t see them slowing down anytime soon. There are over 300 fintech startups active in Africa, with over 31% in South Africa, followed by Nigeria and Kenya. Emerging countries with increased fintech startup activity include Ghana and Cameroon. Startups […]
The eCommerce and Digital Payments Landscape in Mozambique
Mozambique, which is approximately 3 times as large as Great Britain, is divided into 154 districts. As of 2016, only 72 of these districts had bank branches in them. The Mozambique government and commercial banks in the country have undertaken to open at least one branch per district, by 2019. Sub-Saharan Africa suffers from a […]
The Pros and Cons of Using a Debit Card
Debit cards are an extremely popular payment card type that are often issued by major payment processors, such as MasterCard. According to Statista, as of 2017 there were 751 million MasterCard debit cards in circulation worldwide. A debit card, in contrast to a credit card, deducts money from your checking account as soon as you […]
The Development of the mVisa Payment Option
mVisa is an exciting digital payment method which offers simple implementation, security and interoperability between banks and mobile networks. It was first introduced in a pilot with Indian banks in October of 2015, followed by expansion in that market and introduction in Kenya in 2016. The mVisa payment option utilizes QR codes, which are scanned […]
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 […]