Visa Regulations 2023: More Transparent Payment Processing
Visa card payments just got stronger. Incorporation of new regulations for Visa has made the payment processing more transparent. Additionally, Visa intends to make free trials more accessible. Also, the cancellation process is now as easy as sending out a text. Therefore, all the new rules will make the transactions more accountable and make lives […]
PSD2- Future
“What is PSD2?” This is what you will find on press release database of European Union (EU) when you search for PSD2. So, we have our willingness to know. On the other hand, EU is trying to put up the information well. Then again, all interest comes to a point where the future of its […]
PSD2 – The Future
PSD2 – The Future of Banking The Second or Revised Payment Services Directive (PSD2) is a fundamental piece of payments-related legislation in Europe, which entered into force in January 2016. Retail banking has been in the game-changing year since 2018. Banks’ dominance on their customer’s account information and payment services will disappear with the PSD2 […]
The Advantages of Merchant Banking
Merchant Banking In the banking sector, online banking is the most evolving concept. Merchant banks mostly deal with commercial services on a large scale or with small enterprise. And the merchant accounts have transformed the way people do banking. As a result, online transactions have become easier and quicker. Account Management Account management is one […]
How to Prevent Fraudulent Account Takeovers?
Facing fraudulent account takeovers can be the most troublesome problem of your financial management. Fake mobile app fraud tripled in first half of 2019. You can be a direct victim of the threat. Even worse, if your merchant account is overtaken by an unwanted party. Also, it can be a hassle if a fraud uses […]
What is Visa Merchant Purchase Inquiry Program (VMPI)?
VMPI- Visa Merchant Purchase Inquiry, will make business smoother and faster. How? VMPI makes sure that disputes are settled before facing a chargeback. Hence, payments received through Visa card as now less troubling. Also, this is part of the new regulations by Visa which helps make your business transactions more transparent. Therefore, your relations with […]
