Whether you’re just starting a business, or just starting to look at moving it online, the world of eCommerce can be overwhelming for some. There are so many elements to put in place in the beginning (the good news is, you only need to do it once) and a lot of the terminology may seem […]
A virtual credit card is a unique 16-digit computer generated number used to settle a specific vendor payment transaction issued for a specific dollar amount. Designed as a more secure alternative to ACH and check payments, virtual cards are essentially “card-less” credit card payments. Virtual cards can be processed by anyone who accepts traditional credit card payments, […]
Many types of businesses can benefit from pre-authorizing payments, but how do pre-authorizations work? Read here to learn about that and more!
Transactions can be declined for a number of different reasons. Click here to discover what the various credit card failure codes mean.
Originally brought to market in the US in the 1930’s (during the Great Depression), layaway came about as a purchasing option in which a consumer pays for goods in installments, and takes the item(s) when the full balance is paid. In the 1980’s layaway offerings fell out of favor as credit cards gained popularity, but […]
As an online merchant, it’s important to be familiar with your PSP and what they offer. Learn more about the benefits of online payment service providers here.
Do you own a business and are looking for an easy and inexpensive way to pay employees? Check out the pros and cons of payroll cards for paying salaries, here.
In 2013 online retailer Jumia began their Jumia Food delivery service, and have since expanded into 11 countries. Jumia Food – the largest online food delivery provider in Africa – gives customers the opportunity to order food from their favorite restaurants without leaving their home or office. How it Works Jumia Food has its own […]
Throughout 2018, new technologies continued disrupting traditional payment processing methods across the globe. Cryptocurrencies, P2P payments, and mobile wallets are just a few of the innovations that are gradually gaining momentum to eventually overtake cash and cards. With so many new elements vying to play a role in the future of financial transactions, it’s important […]
We share some of the most effective ways of using Shopify to create repeat customers for your eCommerce store giving them an effortless purchasing experience.