Payment Industry

Chargebacks are a serious issue that affect many merchants which inevitably leads to lost revenue and damaged reputation. When a customer disputes a sale with their card issuer, the merchant is forced to refund the transaction value as well as pay additional fees.

People are making digital payments more and more frequently, and sometimes they feel as if it is even more secure than other forms of payment. Is that true? Let’s find out. The payment industry is a sector that affects the daily lives of millions of people around the world.

Have you ever wondered what happens behind the scenes when you use a debit, credit card or prepaid card to buy something online or in a store? The technology behind this is called payment processing.

Building your own payment infrastructure can be a daunting task. There are many factors to consider, such as security, compliance, and scalability. In this article, we will discuss the costs and considerations involved in building your own payments infrastructure.

Here are some of the main terms that you need to know to get started if you are moving into the online payment space or want to learn more about it.‍

In the past few years, the concept of Banking as a Service (BaaS) has gained significant traction, with more and more companies looking to leverage this technology.