Payment Facilitators, also known as ‘PayFacs’, became popular in the 1990s. They were conceived to help small and medium sized businesses accept online payments. The PayFac model allows companies who ....
Companies such as web development agencies, ticketing providers, and consultants have a unique opportunity to provide a comprehensive solution for their clients. From website design to E-Commerce functionality, agencies strive ....
Prior to 2019, authentication used to only occur in rare situations, such as when a transaction was required as “high risk”. 2022 saw the deadline for the implementation of Strong ....
You may have seen that Pay by Bank App is becoming a more prominent way consumers choose to pay, but what is it? Brought to market by Mastercard, Pay by ....
One of the most important decisions a Merchant can make when establishing their E-Commerce business is which Payment Gateway Solution they should utilise. Acting as the channel between the E-Commerce ....
Recurring Card Payments (RCP), sometimes known as a Continuous Payment Authority (CPA) occurs when a consumer gives a Merchant permission to regularly take funds from a debit or credit card. ....
Address Verification Service Checks, also known as AVS Checks, is one of the most widely used fraud prevention tools when a card-not-present transaction occurs. How Do AVS Checks Work? AVS ....
The Third Monday of the year is commonly known as “Blue Monday”. This may be accompanied by media stories sensationalising the day, but what is Blue Monday and what does ....
The payments industry is ever-changing and hard to predict, but what can be expected for payments in 2023? Buy Now Pay Later One of the biggest trends of 2022 has ....
A soft decline occurs when a customer’s issuing bank is willing to approve a transaction but not in its current state. Of all declines, roughly 85% can be deemed as ....