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 fast. [...]
Posts Tagged ‘Electronic Payments’
How fast the credit card payments really are?
January 5th, 2011 by Serguei Alleko in Electronic Payments | 1 Comment »
Chronopay problems or who is your psp?
January 3rd, 2011 by Serguei Alleko in Electronic Payments | No Comments »
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 true, [...]
Luxembourg as online offshore zone
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 set-up [...]
Fraud with credit cards again
July 20th, 2009 by Serguei Alleko in Electronic Payments | No Comments »
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 credit [...]
