Credit Card Payment Processing: What It is & How It Works
It is becoming increasingly important for high-risk merchants to provide their customers with payment methods they prefer. To offer various payment options, it’s essential to have knowledge about credit card payment processing, online payments, and mobile payment options. With the rise of digital payment methods, businesses need to adapt and embrace these changes to remain […]
What Is a 3D Secure Payment Gateway & Why You Need to Know
3D Payment Gateway What is a 3D Payment Gateway? Features of 3DS Advantages of 3D Payment Gateway Disadvantages of a 3D Payment Gateway Card-Not-Present Merchants Need 3D Gateway Account 3D Secure Payment Gateway Solutions With A PayFasto 3D Secure payment gateway may seem like a fashionable technical word, but it can help your e-commerce […]
Rolling Reserve Explained
What is a rolling reserve? A rolling reserve is a chargeback risk prevention tool, and is used with any business model that is deemed high risk of getting them. For the most part bank will set a firm percentage based on the risk involved with the business. Can be 5%-20% of transaction value per month. […]
What Are High Risk Industries
What categorizes a merchant as high risk besides MCC codes. It is based on product sold, company location, straight-sale/webshop or recurring, Card not present, if risk for chargebacks is high. Which is most acquirers is above 1% even though some industries are under but still counts as high risk merchants. There are three categories of […]
How A Merchant Payment Processor In Europe Works?
How A Merchant Payment Processor In Europe Works? Payfasto offers revolutionary solution for processing payments by merchants in Europe. Our platform enables any merchant to accept online payments from any bank, credit card, and other payment methods. Our solution is designed to be highly scalable so that it can grow as the merchant’s business […]
Cannabis Industry in Europe: Market Overview
Cannabis Market in Europe Payment services for CBD & cannabis in Europe are in an exciting period of time. European consumers now have more access to quality CBD products than ever before. Its presence in Europe is growing at a rapid pace. This can only be attributed to the growing popularity of cannabis and its […]
CBD Payment Processing in Europe
CBD Payment Processing in Europe CBD is a chemical compound, or cannabinoid, found in the hemp plant. It is non-psychoactive, meaning it will not get you high. Unlike THC and Cannabis, CBD has medicinal properties. It can be used to help with pain relief, inflammation, anxiety, depression and insomnia. The CBD industry is growing rapidly, […]
Understanding Payment Processing in Europe
Payment Processing in Europe The European Union (EU) has created a single currency called the Euro which is used by all EU Member States except Denmark, Croatia, Montenegro, Norway, Poland, San Marino, Vatican City, Andorra, Monaco, and Kosovo. The EU has also created a single market which means there are no internal borders within the […]
E-commerce Payment Gateway
What is e-commerce payment gateway? E-commerce payment gateway is a critical component of payment processing for merchants. It enables the transfer of funds between the merchant and customer. While all international payment processing should be smooth, fast, secure, and trustworthy, there are other important details to consider and features to seek out when looking for a […]
Reliable & Affordable E-commerce Merchant Account
E-commerce Merchant Account Online businesses have grown exponentially since the early ’90s to the point where nearly every business you interact with today has some sort of online presence. While the internet has given massive growth opportunities to businesses around the world, it has also presented new challenges, such as managing payments digitally. Getting your customers […]
Best Retail Merchant Account & Payment Processing Solution
In the market for a seamless and reliable high-risk retail merchant account? PayFasto guarantees a dedicated solution for all your payment processing woes. From fraud protection to 24/7 dedicated support, we’ve got all your bases covered. Seamless & Affordable Retail Merchant Account Running a business is challenging enough without cash flow issues. This is why […]
Vape, E-cigarette and Tobacco Payment Processing
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 […]
