Failed transactions: reasons and escape routes
“Transaction failed” — 2 words, 17 letters, and so much pain. Unfortunately, online transactions fail sometimes, and it’s no good for both payers and payees. It may result in low conversion rates, spoilt customers’ shopping experience, and profit decrease. Keep calm, we’ve …
How to integrate multiple payment service providers
Why would a company want to integrate multiple payment service providers? The main reason boils down to the good old quote “Don’t put all your eggs in one basket.” Relying on a single payment partner could be risky, primarily because of possible …
Getting started with white label PSP: 5 steps guide
If you are considering establishing your own payment company without significant investments, white label PSP is the best solution for you. We’ve already deep-dived into the world of white label solutions for payment business, learning what a white label PSP is, why …
3 things to look for when choosing white label PSP
Now that you know why choosing white label PSP is better than building your own, you probably could use a hand with picking the right solution. And this is a tough task, as there are plenty of them. Not only they named …
White label PSP: the beginner’s guide
Payment service providers (PSPs) are companies that represent the vascular system of online payments. Thanks to their services, people can shop online, make and accept money transfers, subscribe and pay for services, etc., all of which have already become an integral part …
Alternative Payment Methods: a must or an advantage?
Modern technologies are steadily driving the world economy towards the cashless model. Сashless payments are becoming a must for market competitiveness. Otherwise, online merchants can lose most of their customers. Although debit and credit cards still stand at the head of popular tools …
Using multiple payment gateways: the pros and cons explained
It could be tricky to rely on a single payment partner. Unfortunately, no one is immune to outages and downtimes. Only 6% of businesses surveyed haven’t experienced an unplanned outage in 2019, with 61% of companies have faced it more than twice per year. This …
4-point checklist: does your business need a payment gateway?
Lately, electronic payments have made significant progress, displacing cash in many markets around the world. eCommerce volumes steadily increase too. Absolutely, it creates a strong need for convenient ways of accepting money online. This is where a payment gateway comes in handy. Does …
