Acceptance of Cryptocurrencies in Mainstream Payments
Acceptance of Cryptocurrencies in Mainstream Payments Payment methods have evolved, exposing consumers to new digital alternatives to cash. Advanced technologies are now widely accessible by billions of consumers and businesses. Consumers have adopted digital payment solutions for everyday transactions. The ongoing development from separate online shops towards integrated online shopping ecosystems has created space for […]
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 […]
Acquiring Bank vs Issuing Bank: What’s the Difference?
In a previous article, we covered some useful information about internet acquiring, what an acquiring bank is, and its role in the transaction process. Today, we will 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 […]
Electronic Payment Systems: Methods and Types
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 […]
