When you are managing your online business, you will need to pay attention towards a variety of factors when accepting payments. Selecting the most appropriate online payment gateway holds a prominent place out of them. Otherwise, you will find it as a hard task to achieve your business development goals. Here is a comprehensive guideline that you can keep in mind in order to select an online payment wall.
Understaining the basics of online payments
Payments, payment gateway, payment processor & networks, merchant accounts. Have you ever wondered, how the payment process happens? This video will briefly show you the mechanism of accepting payments from your customers.
See more about What is a Payment Gateway
One of the biggest threats of running an online business is the Credit Card Fraud. However, if you want to fight the fraud effectively, it is important to understand the mechanisms of executing a fraud. There are various ways how can a fraudulent activity appear on your credit card account.
Future of Payments is Mobile
PayPal CEO Dan Schulman explaining his believe, that mobile payments will become huge in couple of next years.
From WSJDLive Show in Laguna Beach, California.
Different types of fees are associated when processing a payment that is made with a MasterCard. These fees have been implemented by the acquirers, card networks and issuers. The Dispute Administration Fee, which is also known as DAF holds a prominent place out of them.