How To Accept Crypto Payment For Your Business The easiest way to describe cryptocurrency is a form of digital money. It is mainly associated with online transactions and designed to be secure and in most cases anonymous. The most common cryptocurrency is Bitcoin, which was created in 2009 by Satoshi Nakamoto. During the past
The Chargeback Process Chargeback refers to when a customer disputes a transaction with a merchant, allowing them to receive their money back while keeping the product or services that they received. eCommerce is essentially a chargeback minefield. With every card-not-present transaction, opportunities arise for friendly fraud, deliberate scams, buyer's remorse, and countless other situations that
Understanding Escort Merchant Account Escort merchant account enables escort agencies everywhere to be authorized and setup with an account via a merchant acquiring bank. Merchants then can accept and process electronic card transactions. When a banker hears the word Escort, what comes to their mind is high chargeback ratio and gray reputation. As a matter of
Gaming Merchant Account & Payment Processing If you are planning on operating an online gambling platform, you are going to need a gambling merchant account. You cannot receive deposits, or make payouts without gambling merchant account. Gaming or Gambling merchant account specifically serves online gaming industry with the purpose of being able to receive payments
What are CBD Gummies? Cannabidiol (CBD) gummies are a form of edible CBD. These are foods that contain the compound CBD, which comes from the cannabis plant. How does CBD work? CBD works in conjunction with other cannabinoids to bind to cannabinoid receptors in the endocannabinoid system. There are two main cannabinoid receptors: CB1 receptors,
High Risk Merchant Account What is High Risk Merchant Account? Simply put - if you run a business that receives high ratio of chargeback to sales then your business qualifies as high risk business. And a merchant account for the merchants from high risk business industry is a high risk merchant account. High risk businesses
Better Hospitality with PurePay Payments Check-in, Check-out - Hospitality with PurePay As one of the ambitious payment providers in Europe, we offer payment solutions tailored to the specific needs of the hospitality industry. Create a streamlined payment experience for your valued guests at all stages in the journey from booking and check-in, to
Acceptance of Cryptocurrencies in Mainstream Payments Payment methods have evolved, exposing consumers to new digital alternatives to cash. Advanced technologies are now widely accessible by billions of consumers and businesses. Consumers have adopted digital payment solutions for everyday transactions. The ongoing development from separate online shops towards integrated online shopping ecosystems has created space for
Common eCommerce Mistakes That You Should Avoid As an eCommerce entrepreneur, you already know that anyone can open a shop online and sell to potential customers all over the world. But “an online store” and “an online store that provides genuine customer experience” are two different things. And successful eCommerce owners focuses on the latter.
Payment Processing for Vape, E-cigarette and Tobacco Businesses If you are in the tobacco business, you already know that Vape, E-cigarette and Tobacco are considered as high risk products by payment processors and acquirers. It is quite hectic for the merchants from this industry to process payments for payment cards and local alternatives. And this
What is my MCC code? Very often we receive emails and live chats with a lot of people asking for their MCC. In this article we would like to clear all those doubts, providing an explanation and a MCC code list updated so you can check by yourself the category of your business model. What
Payment processing is essentially the automation of electronic payment transactions between the merchants and their customers. Modern payment technology helps process, verify and accept or decline credit card transactions through specialized systems. Credit Card Payment Processing with PurePay PurePay Payments Limited specializes in reliable and modernizing payment capabilities with an extensive nexus of payment processing
Future of CBD - High Risk Payment Processors for CBD Future for the businesses in cannabidiol (CBD) and wellness products looks promising in Europe due to growing interests and regulatory changes. Global market for CBD is estimated to reach 9.3 billion USD by 2025, which compares to an annual growth rate of 22.2% from 2019.
2021 has been a big year for cryptocurrencies as digital coins exploded in popularity, with assets such as Bitcoin, Ethereum, Binance and Litecoin all growing sizably. Bitcoin’s total market cap, for example, surpassed $1 trillion in February 2021. It should be no surprise that many of the world’s largest companies have begun accepting cryptocurrencies as payment for
As the world moves online, the global e-commerce market is also currently experiencing rapid growth. Isn’t it the right time to launch your online store? In today’s guide, we’ll walk you through the most important e-commerce business trends in 2021, as well as provide a checklist on how to open an online shop. Market review