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What Is a Curacao Gaming License and How Can You Get One?
What Is a Curacao Gaming License and How Can You Get One?

It is important for any business to act in accordance with the law. Today we will be talking about the Curacao gaming license, one of the world’s most famous jurisdictions that allows gaming businesses to operate in compliance with all legal requirements. Curacao gaming license explained The name of this license comes from Curacao, an

What Are NFTs and How Are They Connected to Crypto?
What Are NFTs and How Are They Connected to Crypto?

NFTs, short for non-fungible tokens, have been shaking up the world recently. One of the latest booming cases is the first digital art auction where the NFT-based artwork created by the artist Beeple was sold for $69 million. In today’s article, we are going to explain what non-fungible tokens are, how they can be used,

IBAN: How Does It Work, And What Differs it from a SWIFT code?
IBAN: How Does It Work, And What Differs it from a SWIFT code?

In one of our previous articles, we already briefly discussed the necessity of an IBAN and how to obtain one. Today, we will cover this topic in more detail. In this article, we will explain how IBANs work and the differences between an IBAN and a SWIFT code. What is an IBAN? An IBAN or

What Is a Rolling Reserve and Why Do Online Merchants Need It?
What Is a Rolling Reserve and Why Do Online Merchants Need It?

We have already briefly mentioned rolling reserves in one of our previous articles. However, today we will be covering it in more detail. This article will explain why a rolling reserve is an important tool for online merchants and some of its advantages. Rolling Reserve Explanation A rolling reserve is a strategy to take care

All You Need to Know About 3D Secure
All You Need to Know About 3D Secure 

In one of our previous articles, we’ve examined some essential benefits of the 3D Secure protection for online merchants. Today, we’re going to dive deeper and explore the three-domain structure in more detail.  What Is Three-Domain Secure? The three-domain secure method consists of three elements involved in an online transaction: an acquirer, issuer and interoperability

Multi-Currency Payment Processing: Everything You Need To Know
Multi-Currency Payment Processing: Everything You Need To Know

Ongoing technological growth is opening new doors for the e-commerce industry. Digital payments, artificial intelligence, machine learning, multi-currency cards and real-time cross-border payments were some of the dominant card and payment trends of 2020. The popularity of electronic payments is growing every year, and multi-currency e-commerce merchants have been encountering multiple payment challenges. If you

What Is an Issuing Bank and How Does It Differ From an Acquiring Bank?
Acquiring Bank vs Issuing Bank: What’s the Difference?

In a previous article, we covered some useful information about internet acquiring, what an acquiring bank is, and its role in the transaction process. Today, we will explain what an issuing bank is, its role for customers and e-merchants, and how it differs from an acquiring bank. What Is an Issuing Bank? From the customer's

What Are Electronic Payment Systems: Methods and Types
Electronic Payment Systems: Methods and Types

Nowadays, e-payments are an essential part of any e-commerce business and their popularity is growing rapidly. According to statistics, digital payments are projected to grow even further in 2021. In today’s article, we will tell you about electronic payment systems in general as well as e-payment methods and types. What Are E-payments? The term e-payment

How Is Address Verification Service Saving Online Payment?
How Is Address Verification Service Saving Online Payment?

Address Verification Service, or AVS, is a tool that helps online merchants authenticate the possession of a card by a particular customer. In this article, we would like to tell you about AVS in detail and particularly about how the service can secure online payments. What Is Address Verification and How Does AVS Work? Address

What Is an Acquirer and How Does the Internet Acquiring Work?
What Is an Acquirer and How Does the Internet Acquiring Work?

Nowadays, digital payments are growing in popularity as they are becoming a new reality. Therefore, being able to process card payments is essential for any online business’s competitiveness and profitability. For merchants to start accepting payments on their website, they need to sign a contract with an acquirer. If you’re not yet familiar with this

The ABC of Cryptocurrency for Online Merchants
The ABC of Cryptocurrency for Online Merchants

Cryptocurrency has become very popular nowadays as the number of people using it for payments is increasing. Well-known cryptocurrencies as Bitcoin, Ethereum, and Litecoin are showing high growth and instill confidence in the success of cryptocurrency as a whole in the future. According to statistics, the number of daily transactions of Ethereum has increased by

What Is Card Security Code and Why Is It So Important?
What is my Credit Card Security Code (CSC)? Where do I find it?

Like a card number, a card security code (CSC) is an essential feature to guard online transactions. Moreover, it helps to boost purchasing by increasing the safety and confidence of consumers. As for the merchants, CSC is a useful option to prevent fraud and chargebacks. We’ve conducted a guideline where you can find all the

Online Payment Security FAQ
Online Payment Security FAQ

As the global e-commerce market is expanding, scammers learn new techniques to exploit online payment systems. In their turn, most companies try to protect customers from various attacks by unprincipled cybercriminals. Online payment security is an essential part of running and maintaining a loyal customer base. If your customers feel unsafe entering their payment data,

3D Secure 2.0: What is it and how does it work?
3D Secure 2.0: What is it and how does it work?

A 3D Secure protocol is the solution to many payment security issues. The improved 3DS protocol represents a step forward for e-commerce, as the old-fashioned methods of password verification have been replaced by biometrics. This payment security method is perfect for both low and high-risk industries and provides the best payment experience for customers. In

All You Need To Know About Credit Card Processing Fees
All You Need To Know About Credit Card Processing Fees

Interchange Fees Scheme fees Payment Processor’s Fees Merchant Account Fees Dues and Assessment Fees How To Reduce Credit Card Processing Fees It is essential for merchants to adapt to the changes in the e-commerce industry by accepting various types of credit cards. However, for every payment provided with a card, payment processing fees may get

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