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  It is important to own an easy, understandable, and well-formed payment platform for any eCommerce business’s website. To execute an online payment, the payment platform is the last and primary step. This part of the website plays a vital role because the payment platform enhances the customer’s payment experience. The comfort, ease, and reliability of the data storage and payment procedure specify whether the customer will conduct the buy or not. For developing a payment platform , the merchant requires to get a payment gateway. Preferring the right payment gateway can increase your conversion rate. Yet, the correct choice of the gateway by itself does not assure the execution of the payment. The expert payment platform needs complicated payment solutions and let us discuss them in detail in this blog. What is the primary objective of the Payment page? The payment page is where the customer submits his payment information to conduct the payment and execute the order. So, it is t...

  Customers must receive rewards for frequent purchases, and merchants are always searching for methods to energize their consumers to make a purchase repeatedly on their business’s platform. Most businesses acquire this by integrating reward programs, repeat customer discounts, or many similar concessions. Whereas these offers are excellent, there is one cheaper method to initiate awarding customers that purchase frequently i.e., One-click payment. So, let us describe some of the fundamental details concerning one-click payments . What does the term One-Click Payment imply? If it has been available for a time period now, some merchants are inquisitive, “What are the one-click payments?” One-click payments deliver the facility to a merchant’s  casino payment processing  platform to save customers’ credit card details securely after their first investment. Moreover, they also allow them to conduct all future transactions with just making one click. This is apparently only ...

  For most people, nothing is more frightening than reviewing their bank statements and getting something unpredictable. However, extra costs and credit card balances are not the only structures that may be concealing in your financial group. If you also trust the myths about your ‘friends, co-workers’ who had the theft of their organs in Mexico, or that Walt Disney cryogenically iced, then you may want to know five terrible myths about payment processing . Five Terrible Myths About Payment Processing Myth. 1 The issuing bank will take liability for fraudulent transactions on your  online merchant account . Fact: The only factor terrible than a jester with a knife is a jester with a packet full of chargebacks. After October 1st, 2015, the responsibility for in-store fake fraud moved from the issuing bank to the front borders, Now if either the customer or the online merchant has not familiar with the new EMV chip technology, then they are ready to face the disappeared funds fr...

  To enhance their procedure, mitigate fraud, and subject any loopholes or abuses of their systems they find. All the primary card networks make regular updates to their rules and regulations. However, most of these modifications are moderately small, but after a while, a change arrives and also bounces things upward. The EMV responsibility diversion is an appropriate example of this. What is Visa Claims Resolution? Visa Claims Resolution  (VCR) was one of the most powerful updates to the payment industry experienced in the last decades. Visa Claims Resolution is the beginning to simplify functionalities and formalize rules and regulations for chargeback and dispute management. The beginning affects all payment industry members such as issuers, acquirers, processors, and online merchants. VCR Visa Claims Resolution went live in April 2018. Visa identified that heritage procedures for controlling  chargebacks  and disputes were ancient. VCR was conducted in a more mo...

  In 2022, chatbots are not just an invention but also a must-have for businesses that depend on interaction with customers, comprising financial organizations. AI-driven chatbots can affect human discussions, and fix clients’ problems in a couple of seconds. And also handle daily tasks, enabling human employees to easily perform more complicated and significant tasks. By 2024, online and mobile banking will most presumably help more than 2.5 billion, active users. Smart financial executives can change this vast customer-related factor of your business. It causes fintech chatbots, not only a robust tool but also a significant sector of your team. Excluding this, it is a profitable market unit that can also arrive at almost $7 billion by 2030. So, let’s understand how chatbots are supporting fintech in 2022. Also, specify the primary benefits of chatbots in banking and other fintech sectors. How are Chatbots Utilized in the Fintech Industry? As the  Fintech industry  is g...

From the view of credit card payment processors, some enterprises are more dangerous than others. The aspects that move into specifying that risk can differ from persistent chargebacks to bad credit scores. WebPays has high-risk merchant account solutions for nearly any high-risk merchant. With over a 95.8% approval ratio. So, if you are in requirement of a  high-risk merchant account Europe (Albania, Malta, Cyprus, Netherlands, Italy) . We will provide you with complete knowledge of high-risk merchant accounts. Here are some specific areas where we have industry-ultimate payment services: Forex businesses Online Casinos & Gaming Nutraceuticals & Nootropics Credit Repair CBD Oil Guns & Firearms Collection Agencies Adult Toys & Entertainment Airline Tickets & Travel Tech Support What is a high-risk merchant account? A  high-risk merchant account  implies that payment processors and credit card networks regard the business as being more probably to defa...