In the last few years, you’ve probably noticed people waving their phones, smartwatches, or smart rings instead of swiping or inserting traditional plastic cards. They’re part of the NFC club, a touch-and-go contactless payment technology that is gaining popularity worldwide and changing the way people pay. This article answers what NFC is, how it works, […]
PCI Security for Payment Processing: Requirements
Implementing PCI Security measures is not only a requirement for businesses that handle credit card transactions but also vital when building trust with customers and partners. By adhering to the rules, businesses can significantly reduce the risk of data breaches, comply with industry regulations, and demonstrate their commitment to safeguarding their customers’ financial information. What […]
Payments Industry Trends in 2024
In the fast-changing world of financial technology, the payments sector continues to be innovative in 2024. In this article, we will discuss the latest trends, simplify complex terms, and explore what is driving the payments industry forward. Keep reading. Current Payment Industry Trends Let’s look into the key trends shaping the payment landscape: 1. Streamlining […]
Online Payment Fraud: Tips for Prevention
The reliance on digital technology is growing, presenting vast opportunities for businesses. However, they are also increasingly exposed to payment fraud. As more transactions happen online, companies of all sizes are becoming more vulnerable to cybercrime which includes fraud, the theft of sensitive information, scams, identity theft, etc. In fact, payment fraud isn’t just a […]
Electronic Payment Methods and High Risk Businesses
In recent years, electronic payment methods have become more popular because they’re so easy to use. Switching to e-payments not only helps businesses receive payments faster and with less risk, but companies have more control over what’s happening with their money. That said, for high risk businesses It’s not as easy to offer their clients […]
8 Ways to Improve Your Customer Payment Experience
In online shopping, nothing beats a quick and easy checkout. That’s why having a smooth and secure payment process in your e-store is super important – it keeps your customers happy and coming back for more. With a wealth of experience and a strong reputation in payment processing for high-risk businesses, Electronic Transfer Inc. prioritizes […]
How to Integrate Payment Gateway into Your Website
In the bustling world of e-commerce, payment gateways play a huge role. These digital bridges connect customers, merchants, and financial institutions, ensuring clean and secure online transactions. Let’s look into what payment gateways are, why they matter, and how to integrate them into your website. Keep on reading. What Is a Payment Gateway? Payment gateways […]
SOT License: What Is It, Types, and Cost
As you might know, FFL owners have gained the right to buy and sell firearms legally. However, there is a special category of guns that requires paying an additional fee, in order to be able to deal with. Introducing, the SOT license. Short for Special Occupational Taxpayer, obtaining this license allows firearms dealers to participate […]
Why Choose Alternative Automated Clearing House Processing?
Have you ever wondered how the process of online payment happens? Whether it is to send or receive funds or make payments towards financial or governmental institutions, there must be some kind of established mechanism, right? Well, there is, and it’s called Automated Clearing House (ACH). Stay tuned as we unravel how it works, along […]
PawnSnap: Why Do You Need Pawn Shop Software?
Pawn shops play an important role in many communities by providing small loans in exchange for items of value. The process is known as pawning. Furthermore, pawn stores can be a great place to buy new or used products. However, having so many people coming in and out of these shops on a daily basis, while […]