What is a MOTO payment?
Payment mechanisms are getting easier. Mail Order/Telephone Order (MOTO) is making lives even easier. It’s an easy transaction solution for merchants and even for buyers. So, why has MOTO already not taken over? MOTO payments have their own story of becoming popular and being resisted from being the next big thing. Although, there is no […]
Pros and Cons of A Cashless Society
Cashless society- the name describes it all. A cashless society describes a range where financial transactions are not conducted with money. Not in the exact form of physical banknotes or coins. Rather through the transfer of digital information between the transacting parties. Therefore, cashless society opens up endless opportunity for merchants like you. Especially, ones who thrive to grow their business. […]
Promote MOTO?
MOTO – Mail Order/Telephone Order payments are gaining more popularity. Should we take it a step further? That is, should MOTO payments be encouraged more? Since, the MOTO related frauds are a concern we have to be careful. Then again, we have to do our own cost-benefit analysis. Risks are an inevitable part of business. […]
What Is Mail Order Telephone Order (MOTO) Fraud?
The “moto” of the MOTO fraud are not so wise. Like any other financial fraud, this can bring you tons of hassles. Occasionally, this may even lead to financial loss. Nevertheless, this is true for both the merchant and the buyer. Hence, it surely is a matter of concern. What is Mail Order Telephone Order (MOTO)? […]
