Posts Tagged ‘Electronic Payments’

How fast the credit card payments really are?

Tweet It looks like the credit card payments in the Internet are immediate. You pay and the money are coming from your credit card to the bank account of the e-shop. Well, it’s only partially true. The credit card “cloud” promises that the money will come directly, but in reality this process is not that […]

Chronopay problems or who is your psp?

Tweet Several days ago a Russian-dutch Payment Service Provider Chronopay had some security issues. It is not 100% clear what happened, but a number of credit cards were compromised. Apparently they’ve missed payment on their domain name, which allowed criminals to create a fake payment page and collect some credit card numbers. May be it’s […]

Luxembourg as online offshore zone

Tweet A lot of Internet companies, dealing in Europe are trying to reduce their VAT. Opening a company in Luxembourg is a good choice, they have just 15% and they’re respectable European country, nothing like strange islands, which could be covered by occasional tide wave. However, you have to consider a lot of additional problems, such […]

Fraud with credit cards again

Tweet We’ve got again a number of products, bought via our e-store with stolen credit cards. Sins we’re sending our products – activation codes electronically per email, customers can supply bogus delivery address an still receive their code via a temporary gmail account. At this moment we have the following limits on our e-store: no […]