Can you imagine in the present time an internet-based platform that offers cash payment as the only option? Certainly, not! Internet banking, debit and credit card payments joined the league long back. Accordingly, payment gateways came into picture and provided...
Merchants who sell through eCommerce platforms have a responsibility to protect their customers’ data, but a recent report found just how important it is to customers that their private information is protected. According to PYMNTS’ May 2021 Securing eCommerce...
The digital wallet is one of the biggest and most popular innovations in the financial sector. With convenience and ease of use in mind, people choose these e-wallets for payments in retail stores or when buying online. However, creating a digital wallet mobile app is...
One of the latest innovations in digital payments is facial recognition. POS systems that use facial recognition technology can verify customers’ identities and authorize payments quickly and easily. However, there are obstacles to widespread usage as long as...
Peer to peer payment apps such as Venmo and Apple Pay are exploding in popularity, letting people exchange money casually on mobile without the friction of credit cards or bank transfers. These apps have targeted the market of person-to-person transactions and their...