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- Strengthening Trust
PSD2- Payment Service Directive 2, is believed to bring better cooperation between banks and Fintech. It also brings hope of re-gaining the trust on financial institutions. Especially, the trust that was fading out after 2008. Specifically in Europe, people were losing their faith in financial institution. Although, high hopes are riding on PSD2. What is […]
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 […]
Top Court Lifts the Restrictions on CBD Marketing Inside the EU — Now What?
Prohibition of CBD marketing is one of the recent controversial topics in the industry. By its latest resolution, the Court of Justice of the European Union has allowed for the marketing of cannabis produced legally in another state, and by “legally produced” it means cannabidiol that is extracted fully from plants and not from their […]
Why High Risk Merchants Need Smart Payment Gateways
Today the e-commerce industry has boomed presenting consumers a more convenient option to buy stuff. However, with convenience comes a lot of ways for unsecured and counterfeit transactions. Such events rob the online seller with the money which the buyer pays, and disputes often arise between them. In an effort to make transactions more secure, […]
Benefits of SWIFT and SEPA
Society for Worldwide Interbank Financial Telecommunication- SWIFT and SEPA- Single Euro Payments Area are facilitating payments within Europe and worldwide. So the benefits of it are far extending. Especially, for merchants dealing without borders, it is a blessing. Also payments industry is evolving. Therefore, existence of SWIFT and SEPA can make your life even easier. […]
PSD2- speculation deepens
Is PSD2 mandatory?– Yes. As per the revised Payment Service Directive by the European Union (EU), Payment Service Directive (PSD2) is now mandatory. If you are still wondering what this is, trust me you are not alone. 76 per cent online buyers have never heard of it! Hence, these statistics are worrisome. But why does it matter to you? What […]
