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
The adult entertainment industry is showing a high degree of growth as more and more research on the development of this market is released. Payment processing for this industry is usually considered to be high-risk, so it can be difficult to find a reliable adult credit card processor. Today, we’ll reveal some steps on how
As people increasingly store their information online, the need to secure all personal and business data is intensifying. For example, the global information security market is growing rapidly and is estimated to reach $170.4 billion by 2022. Today we’ll share with you some tips on how to be secure online and protect yourself from cybercrime
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,
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
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
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
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
PurePay is a payment processing company with several payment methods available for its customers. It offers high-level Secure Online Gateway service, along with competitive pricing and responsiveness. In our previous articles, we discussed high-risk merchants and their requirements. We established that these merchants need to employ secure online payment systems to reduce fraud and chargeback
Today the e-commerce industry has boomed presenting consumers a more convenient option to buy stuff. However, with convenience comes a lot of ways for unsecured and counterfeit transactions. Such events rob the online seller with the money which the buyer pays, and disputes often arise between them. In an effort to make transactions more secure,
In our current global climate, safety is the main priority. Especially financial safety. Our money affects everything and trusting others with it can be a struggle. When buying things online and providing payments, we need to ensure that our money is safe. PurePay is ready to help you with that. PurePay and PSD2 The Payment
Cashless society- the name describes it all. A cashless society describes a range where financial transactions are not conducted with money. Not in the exact form of physical banknotes or coins. Rather through the transfer of digital information between the transacting parties. Therefore, cashless society opens up endless opportunity for merchants like you. Especially, ones who thrive to grow their business.
Libra launching gave birth to a lot of speculations. Many thought of it to be "catastrophic". Although, it was also considered to be a catalytic event. Nevertheless, the questions were there. Understandably the concerns were mostly rooting to the experience of bitcoins. Despite all the assumptions, Libra has hit the market big! Even with regulatory
Alternative payment methods, an efficient payment method for your customers. Making payments with credit cards may not always be the easiest way out. Especially, with the e-commerce industry growing. The payment methods need to be as swift as ordering products. Therefore alternative payment methods can be a true solution. Also, the benefits of it are
MOTO - Mail Order/Telephone Order payments are gaining more popularity. Should we take it a step further? That is, should MOTO payments be encouraged more? Since, the MOTO related frauds are a concern we have to be careful. Then again, we have to do our own cost-benefit analysis. Risks are an inevitable part of business.