High-risk merchant accounts are payment processing accounts set up by a legitimate company to process the payments of businesses that are considered high-risk. This is an important resource, as most banks and other traditional merchant accounts will not engage in a partnership … [Read more...]
Understanding the Risks and Benefits with Merchant Services
Image Source: Payment Depot A merchant account or merchant service is basically a service or a bank account for your business, where you can securely accept credit, debit, or another online form of payments within your company. Many people view merchant services as added … [Read more...]
What is a payment gateway?
The payment gateway is a mechanism that helps to ensure that payments are facilitated smoothly. It is the technology that makes it possible for businesses and consumers to facilitate online payments. Online merchants need not be experts in the payment gateway technology; however, … [Read more...]
Diversifying eCommerce Checkout: Payment Methods You Should Consider Applying
Providing customers with enough convenience is of vital importance for the success of any store. It's no secret that online consumers have specific demands, needs and expectations. Being able to meet those means you'll have more traffic and more conversions. One of the … [Read more...]
Get Ready to Witness these eCommerce Payment Trends in 2021
Almost every sector and industry went through a transformation because of the technical revolution brought by the COVID-19 pandemic. eCommerce payments have been buffed by the digital revolution as well. Changes in the banking sector were a contributing factor in the revolution … [Read more...]
