Digital payments

Did you know that according to statistics, businesses spend an average of 15 days every year chasing late invoice payments? Continue reading to learn more about how to write a payment reminder that actually works. As a business owner, you probably know the frustration of not getting paid on time. You’ve done your part of the job delivering the product…

What are the biggest benefits of online payments for businesses in 2022? Continue reading to learn more! Digital payments have been on the rise for years – according to Statista, their total transaction value is projected to reach US$8.50tn by the end of 2022, and US$13.91tn by the end of 2026, with a Compound Annual Growth Rate (CAGR) of 13.10%….

What are the steps that you will need to take in order to accept recurring payments and manage your subscription-based business? Continue reading to learn more! The number of businesses using a subscription-based model has been increasing rapidly over the last few years – in fact, according to a recent report by SAP, 53% of all software revenue will be…

What are the biggest benefits of multiple payment gateways for businesses? Continue reading for more! As the front-end technology responsible for sending customer data to the merchant’s bank account, payment gateways play a key role in completing a sale, and they are an absolute must for every business. Without them, a company wouldn’t be able to accept payments and process…

Declined transactions are painfully common for both merchants and customers – they are as old as credit cards themselves, and businesses have been facing the consequences of declined credit cards since the 1920s.  According to a study conducted by Ethoca, over 1.9 billion card-not-present purchases are declined each year across the globe – a number that represents the mind-blowing $145…

A high volume of credit card declines can lead to a series of negative consequences for merchants, including penalties from the payment network. In this article, we will see what are the most common reasons behind declines.

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.

Payment fraud has been increasing at an alarming rate during the last few years, with more than 5 million records being stolen daily. We will explain everything that you need to know about online payment fraud in order to protect your company.

Understanding the main differences between chargebacks vs. refunds can be a bit confusing for online merchants. In this article, we will explain clearly both concepts, see how they affect companies, and suggest some tips to handle them efficiently.

Selecting the right Virtual Terminal is one of the most important steps of initiating your digital journey. However, before taking the final decision, we recommend you to consider these 5 factors that will help you define your needs.