E-commerce retailers invest heavily on Marketing and Advertising to attract potential customers and generate sales. However, the final step of the process – the payment, is often neglected, resulting in shopping cart abandonment.
Chargebacks are the worst nightmare of every merchant. They can result in revenue loss, ruined reputation, and even termination of your online account. Fortunately, there are ways to reduce their frequency and alleviate their impact on your business.
At MYMOID, we understand the importance of providing a seamless payment experience to our customers. For this reason, we are on a mission to change the way companies accept payments, and show you why a Payment Gateway should be a crucial part of your overall business strategy.
With the upcoming implementation of the official security standard PCI-DSS for companies that process payment data, call centers will have to make some important changes. Here are some key things to keep in mind during this process.
Data breaches are an issue that many companies don’t take with enough seriousness until it happens to them. But should we really wait until the privacy of millions of users is compromised before we take the necessary measures?
Credit card pre-authorizations can be really beneficial for your business, especially if you are selling high-risk products or items that take time shipping. However, not every merchant is familiar with the benefits of implementing this service.
On Saturday, January 13th, the European Commission implemented PSD2, a new directive that will break the monopoly of banks over customers’ account information. What will be its outcomes for banks, third-party providers, and customers?
Upcoming changes in the European law, among with the IATA PCI Compliance mandate, are only a few of the factors that will impact the travel industry in 2018. How should travel agents prepare for these changes?