Archive for the ‘Electronic Payments’ Category

Payback time

Tweet If you want to know how to receive money via online transactions, you have to know, how to pay it back. Why refund? There are different reasons for paying customer their money back: (obvious) Customer is not happy about the product. In different countries there are different periods, when customer has right by law to […]

“Ideal” Online Payment method

Tweet In my previous post I’ve described 3 major modern online payment methods. Let met give more attention to the most modern one – iDEAL. iDEAL is one of the online payment methods which are using online banking with special tokens. Currently such methods are deployed by different European Banks. Of course each bank has […]

Past, present and future of online payments

Tweet   Pioneers sometimes pay more than their followers. It’s harder to be the first in any field, and in any industry as well. To be The First of course means  you’re also The Best, at least at the beginning. Pioneers invest heavily in R&D, infrastructure and they find methods to do what they do […]

Good and Bad in Credit Card processing

Tweet Credit cards are good for online purchases. Everybody knows that. They’re popular, they’re fast, they’re convinient for the client. A lot of Payment Service Providers are dedicated mostly to credit cards only. But actually, for merchants, credit cards are the worst and least secure method for online payments. The authentication is week Third party […]