Author: Vellis Team

PCI compliance refers to the Payment Card Industry Data Security Standard (PCI DSS), a global framework created to protect cardholder data. It includes 12 core requirements and over 250 sub-requirements focused on securing payment information handled by e-commerce platforms.

An ecommerce merchant is a business that sells goods or services online. Unlike traditional retailers, ecommerce merchants use digital platforms to reach customers worldwide, bypassing the high overhead costs of physical stores. With ecommerce merchant processing, these businesses can accept payments securely and efficiently.

Cryptocurrency is changing how online payments work by enabling fast, low-fee, and secure transactions. Platforms like Shopify, WooCommerce, and BigCommerce now support crypto payments through wallets like BitPay and Coinbase Wallet, allowing customers to pay with Bitcoin, Ethereum, XRP, and more. This opens up access to a global, tech-savvy audience while reducing the risk of…

A payment gateway is the backbone of any ecommerce setup, connecting your site with payment processors to accept online payments securely and efficiently. Beyond just handling transactions, the best payment gateway for ecommerce also enhances user experience, protects against fraud, and supports global sales.

As ecommerce rapidly evolves, understanding future ecommerce payment trends is more important than ever. Shoppers expect convenience, speed, and security – businesses that stay ahead of ecommerce payments trends can boost customer satisfaction and gain a competitive edge.

A new report from Vellis Financial ranks Canadian cities by startup cost—revealing where entrepreneurs can stretch their runway, and where high expenses may slow growth.

The sprucing worldwide business keeps evolving, hence, the need for a multi-currency account is an inevitable aspect of every financial sphere. This is an utterly practical account of a variety of things.

Nowadays, the cosmopolitan world of digital finances and global markets, cannot survive without the Global Account Manager or GAM. The role of a GAM includes managing strategic relationships with multinational clients across countries, ensuring consistent service and value globally.

In plain words, a foreign bank account for tax purposes refers to any financial account held at a bank or financial institution located outside an individual’s or business’s home country. Owning such an account may trigger compliance and reporting obligations, including the need to disclose the account to tax authorities, depending on the laws of…

In today’s interconnected world, managing money across borders is no longer a luxury, it is a necessity. Hence, in 2025 it became a must to choose the most eligible bank for international travel to upscale travel experience, not to worry about foreign transaction fees, not having limited ATM access, worrying about varying exchange rates, etc.