These are some of the trending frauds, and to prevent them, merchants and payment processors are implementing advanced fraud detection and prevention systems, such as machine learning algorithms, to identify and prevent fraudulent transactions.
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6 credit card processing trends we think you should note: Mobile Payments As smartphones become more prevalent, mobile payments are becoming more popular. This includes using apps like Apple Pay and Google Wallet to make payments with a tap of a phone, as well as using Near Field Communication (NFC) technology to make payments by
“Near Field Communication (NFC) has become a more common term in the payments industry over the last few years because it’s the technology behind mobile payments. But what exactly is NFC and how does it work? Let’s start with a definition, and then we’ll get into seven things to know about accepting NFC payments.” CLICK
7 things to know about accepting NFC mobile payments Read More »
“The payment provider is investigating innovative behavioral biometrics such as gait, face, heartbeat and veins for cutting edge payment systems of the future. Commuters may soon be able to ditch their bus pass and access public transport with technology identifying them by the way they walk.” CLICK HERE TO READ FULL ARTICLE FROM MARKETWATCH.COM
“Because of this concern of COVID-19 potentially spreading infection through physical banknotes, a spokesperson of the WHO has reportedly told the Telegraph that “people should use contactless [payment] technology where possible.” CLICK HERE TO READ FULL ARTICLE FROM FORBES.COM
WHO Encourages Use Of Contactless Payments Due To COVID-19 Read More »
“If you have your own business or plan to start one, you bring certain skills and experience to the table. If you own a restaurant, for example, you probably know something about food and cooking. On the other hand, you may be less skilled at managing your finances. Many business owners are experts in their
Financial Tips To Make Your Business More Successful Read More »
“Planning an international trip can involve a lot of preparation, from booking the travel to making sure your passport hasn’t expired to setting up your cell phone so it works overseas. You’ll also want to take a few financial steps before boarding your flight, from having the right travel card to budgeting wisely.” CLICK FOR FULL ARTICLE
5 financial steps to take before your next overseas trip Read More »
“No, I’m not going to tell you to skip tomorrow’s latte (or whatever minuscule semiregular purchase you make). Sure, you’re welcome to skip it, and if lattes make up a truly consequential portion of your budget, then cutting back would probably help. But for most of us, it’s simply unhelpful advice. CLICK HERE TO READ FULL
3 Simple Things You Can Do Today to Improve Your Finances Read More »
“For any business accepting credit card payments, PCI DSS compliance should be at the top of its must-do list. The Payment Card Industry Data Security Standard is a set of rules established to create a secure environment within all companies that accept, process, store, or transmit credit card information. “ CLICK HERE to view full article from
Top things every business needs to know about PCI DSS compliance Read More »