In every European country, if you buy something, you have to pay Value Added Tax (or VAT) It ranges per country from 15 till 25% per country. If you’re a private person, you just have to pay it, no matter what. If you’re a company or self-employed, you can deduct this tax via complex procedure with [...]
Posts Tagged ‘payments’
Past, present and future of online payments
January 6th, 2009 by Serguei Alleko in Electronic Payments | View Comments
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 cheaper. [...]
Good and Bad in Credit Card processing
January 3rd, 2009 by Serguei Alleko in Electronic Payments | View Comments
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 (the [...]
