The global infrastructure for value exchange is undergoing a significant transformation, more impactful than the introduction of the magnetic stripe or chip card. For decades, commerce has primarily relied on a model established in the 1950s: the credit card network. This system involves a complicated structure with issuing banks, acquiring banks, and centralized card schemes. […]
For decades, accepting card payments meant dealing with expensive hardware terminals. Merchants relied on bulky countertop machines or mobile wireless terminals, which came with rental fees, deposits, maintenance contracts, and annoying shipping delays. That era is ending. We are seeing a major change in the payments landscape due to SoftPOS (Software Point of Sale), also […]
The checkout page is the key moment for any online business. It is the point where a visitor either becomes a customer or leaves their cart behind. For merchants, building the checkout experience comes with a tough choice: Control vs. Liability. Should you focus on the easiest way to secure transactions by using your provider? […]
Indonesia has one of the most dynamic payment markets in Asia, but it does not operate like a card-first economy. In real checkout processes, merchants may lose or gain conversions based on their support for local bank transfers, e-wallets, and QR-based payments. Predictable payment settlement across islands, banks, and consumer apps is also crucial. This […]
Understanding payment methods by country helps merchants localize checkout, reduce friction, and improve approval rates. This guide summarizes the leading local and alternative payment methods in Asia. It provides concise snapshots of what each method does and its strengths. What Is a Payment Method? A payment method is how an individual or business transfers money […]
Australia’s digital payments market is changing quickly. It’s important for merchants to know about local payment providers. Consumer behavior has shifted significantly toward cashless methods. According to the Reserve Bank of Australia (RBA), only about 13% of retail transactions were made in cash as of 2022. Cards, especially debit cards, and mobile wallets lead in […]
Digital payments have skyrocketed in recent years, making a robust payment infrastructure critical for businesses. The global digital payments transaction value is expected to show an annual growth rate (CAGR 2025-2030) of 13.63% resulting in a projected total amount of US$38.07tn by 2030. With this growth comes higher customer expectations for seamless and secure checkout. […]
U.S. merchants in high risk industries often have trouble finding payment processing solutions due to the high risk of fraud and chargebacks associated with their businesses. Let’s take a closer look at what defines a high risk business and why specialized high risk payment gateways in the USA are essential. What Is a High Risk […]
Latin America’s e-commerce market is growing rapidly. In 2023, online sales in the region reached about US$509 billion, marking a 27% increase from the previous year. With more than 80% of Latin Americans shopping online, this digital commerce boom offers significant opportunities for businesses, even those in traditionally high risk sectors. If you’re evaluating high […]
Merchants exploring payment solutions often ask: Do I need a high risk payment gateway or a standard one? The answer depends on your business’s risk profile. High risk business payment gateways (also known as high risk merchant payment gateways) are specialized for industries and situations with greater risk of fraud or chargebacks. In contrast, standard […]