Electronic transactions have revolutionized the way we do business. The evolution of digital technology has changed settlements and authorization into as easy tasks as running apps. With the addition of cognitive skills and languages, solutions are available from simple tasks to effective communications. Simplification of payments is providing merchants with a controlling mechanism to supervise […]

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Have you ever been turned down by multiple credit processors? If the answer is yes, then you may have a high risk business. These are businesses that are prone to fraud. Many businesses may be considered high risk because of their industry. For example, IT companies are prone to data breach and theft. Online retailers […]

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Let’s face it, we are living in a tight economy in which many small businesses are offering their customers; credit, debit cards and ACH payments for easier payment acceptance. For a more straightforward fee structure, simpler payment processes have been adopted and as such, customers can make all of their relevant payments without being physically […]

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Starting to accept credit cards is very tempting for many merchants, and there are reasons for that. It is a way to increase your customer base and revenue as well as boost productivity. By opening a merchant account, merchants add a new layer of convenience, trustful image and cost-effectiveness to their businesses. If you already […]

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Merchants from all over the world are facing new flows of digital distribution that are forcing them to change their business models. According to the McKinsey Global Institute, cross-border data flows have already replaced an economy that was previously dominated by flows of products and services. Global flows of digital information mostly consist of transactions […]

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Since the rise of e-commerce, governments have been thinking about ways to tax cross-state online transaction. Unlike traditional transactions, where you can easily identify the location of a seller and of a buyer within an exact geographic location and as such, a certain tax rate is applied, the idea of cross-state transaction means that there […]

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Innovation often means something new and beneficial for businesses, and payments follow the same rule. Many forces are driving merchants towards accepting mobile payments, most notably in anything related to improving operational excellence, following trends and analyzing customer behavior. Recent studies reveal that the main benefits of mobile payments are that they help businesses to […]

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