Online Payment Services Explained

Online payment services offers an e-commerce business owner a solution to accept credit card payments for goods and merchandise sold. Most of the time, the process is automated and will offer a real time credit card processin…

Virtual Terminal Payment Processing

What are Virtual Terminals?
With credit and debit cards quickly becoming consumer’s payment of choice, business owners are looking for more convenient methods of credit card processing. Businesses advantage from a virtual t…

Charity Mobile Donations for Non-Profits

In today’s tough economic times everyone is feeling the pinch, and charity and non-profit organisations are no exception. From large organisations like the Red Cross and Unicef to local church and civic groups, charity …

Want to Know More About PCI Compliance?

PCI Compliance has been the buzz word for the last several years, but what is it really? And how does it affect our world?
PCI stands for Payment Card Industry. In 2006, the five major credit card companies (American Express,…

Things You Should Know About BACS

BACS payments are the most fastest, reliable and cost-effective methods to transfer funds.
Automated payments via BACS are proven to be more efficient than the use of cheques and cash, as the tangible financial benefits are c…

Posts related to the Tag: financial transactions »

What is Payment Authentication by 3D Secure?

3D Secure is a new technology created by several different credit card companies to help secure what is called CNP (Cardholder Not Present) transactions online. The system actually goes by different names depending on what credit card you are using. You yourself may recognize it by some of its other names including “Verified,” “J-Secure” and “Secure Code.” Using a new secure formatting called a “trust chain” throughout the transaction, 3D Secure helps shift the liability of fraud from the merchant directly to the card issuer; under a certain range of conditions [...]

What is a Payment Gateway? How Do they Work?

Online security and safety are essential to building a business and maintaining lasting relationships with customers. That is why a secure, efficient payment gateway is so important to any online business. A payment gateway secures credit card and other personal customer information using SSL, or Secure Socket Lock, technology ensuring a secure online experience. Breakdown of How a Payment Gateway Works: A customer places their order and then the transaction is forwarded to the payment gateway. This payment gateway is owned and maintained by the company receiving the order. Once the payment gateway has [...]

Do I Need a Payment Gateway to Accept Online Credit Card Payments?

Regardless of where you learn to do ecommerce, your source will tell you to get yourself an online payment gateway for your ecommerce business. This will most likely be a sore spot for you at first because getting such services will mean additional overhead for you as the proprietor. However, as you learn more about transacting and doing business online, you will realise that a good online payment gateway actually has a critical role to play in your enterprise, and could very well be the key to your success. What is [...]

Internet Payment Provider At A Glance

Cash payments are becoming a thing of the past. Businesses are taking full advantage of using an internet payment provider to provide them with a merchant account. Merchant accounts allow businesses to accept credit and debit cards in place of cash. Businesses that do not have a merchant account are missing the various benefits they offer. Without one, a business has a high risk of closing its doors within a short period of time. Internet companies benefit from using an internet payment provider who offers merchant accounts for a number of reasons. [...]