Electronic Payment Systems: Methods and Types

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Nowadays, e-payments are an essential part of any e-commerce business and their popularity is growing rapidly. According to statistics, digital payments are projected to grow even further in 2021. In today’s article, we will tell you about electronic payment systems in general as well as e-payment methods and types. What Are E-payments? The term e-payment […]

Acquiring Bank vs. Issuing Bank: What’s the Difference?

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We’ve previously covered some useful information about internet acquiring, what an acquiring bank is, and its role in the transaction process. Today, we’ll explain what an issuing bank is, its role for customers and e-merchants, and how it differs from an acquiring bank.   What Is an Issuing Bank? From the customer’s standpoint, an issuing […]