How do you define a high-risk merchant account? A high-risk merchant account is defined as a merchant account that is associated with a business that is considered to be high risk by the credit card processing company. This can be due to several factors, including the type of business, the industry the business is in, the average transaction amount, and […]
A resident card tells the identity of the person and proves that a particular person is of a particular country according to the resident card. A resident card is very important as it states that legally you are a citizen of your country. Earlier the resident card was only proof to tell people that a particular person belongs to a […]
Online payments are done by several people these days whether they are in a business or normal people regardless of their status. People asked me to do online payments because they are beneficial to them and also less time taking. Business people are also doing online payments or are receiving online payments because in online payment there is no issue […]
If you are new to online or digital payments then it may take some time for you to change to learn how everything works but after some time when you get to know everything in detail, you will yourself say that this is much easier than the normal cash payment system. When you have learned about digital payment and how […]
Businesses have been looking for making cross-border transactions as seamless as possible for both themselves and their clients for years. The traditional banking system has a laborious and time-consuming onboarding process and thus, high-risk merchants face most problems regarding international payments. If you are looking for ways to hassle-free overseas payments, virtual IBAN can play a significant role in solving […]
The Internet has revolutionised the banking sector, and it is no hidden secret that we are enjoying this quick and easy payment processing space. Long gone are the days when you had to go to the bank each time for any purpose, stand in a long queue, fill up multiple forms and wait for hours to get your work done. […]
While gambling rules remain rigorous, an increasing number of financial services firms are eager to collaborate with the gaming and gambling businesses. The gambling business is always expanding, and recent reforms in the United States have paved the way for expanded legality. While the internet gaming business continues to grow at a breakneck pace, financial networks are not keeping up. […]
Mobile wallets or digital wallets or e-wallets are nothing but similar to the wallets that you keep in your pockets to store your money and cards. The only difference is that it is accessible in a virtual mode through mobile phones. Gone are the days when you had to carry cash in hand carefully every time from going shopping to […]
Forex trading essentially means buying and selling currencies to make a profit. It has grown to become the world’s largest financial market, and one does not need a lot of money to get started in the business of forex trading. Through this blog, let us learn what exactly forex trading is, and how it operates. What is forex trading? Foreign […]
Every day, millions of transactions take place all around the world. These transactions are tracked in order to have a clear picture of the customer’s activities. Transaction monitoring is the practice of keeping track of the client’s activities. Let’s take a look at what a transaction monitoring system is and why it is necessary. Understanding Transaction Monitoring Transaction monitoring is […]
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