Author: Vellis Team

  • What Is Dropshipping and How Does It Work?

    What Is Dropshipping and How Does It Work?

    Dropshipping is a simple yet powerful business model where you sell products online without handling inventory. Instead of stocking items, you forward customer orders to a third-party supplier who ships the product directly to the buyer.

  • The Most Expensive Cities in Europe to Start a Business (2025)

    The Most Expensive Cities in Europe to Start a Business (2025)

    A new report from Vellis Financial ranks 30 European cities by startup cost. It highlights where entrepreneurs and remote founders will need deep pockets, alongside which locations they can launch lean and stretch capital further.

  • What Are Local Payment Methods?

    What Are Local Payment Methods?

    Local payment methods are region-specific or culturally preferred for goods and services. These can range from traditional bank transfers and mobile wallets to cash-based vouchers and locally popular credit or debit cards. They reflect the payment habits and infrastructure of a particular country or region.

  • What is Dynamic Currency Conversion (DCC)?

    What is Dynamic Currency Conversion (DCC)?

    Nowadays, in this tech-frenzy world, numerous travelers and business individuals, cosmopolitan banks, and payment platforms are looking for ways to smoothen the entire process and generate beneficial outcomes for all. Dynamic Currency Conversion (DCC) is a fantastic financial service that enables international cardholders to pay in their home currency rather than the local one when…

  • What is an eCheck? A Comprehensive Guide

    What is an eCheck? A Comprehensive Guide

    Welcome to the world of tomorrow! An eCheck, or electronic check, is a digital version of a traditional paper check, but a more tech-savvy and secure option. Instead of being written and mailed, eChecks are created and processed entirely online.

  • What Is Credit Card Processing and How Does It Work?

    What Is Credit Card Processing and How Does It Work?

    Credit card processing is the system that enables businesses to accept card payments, both in-store and online. It not only broadens payment options for customers but also helps businesses grow by accommodating a wider customer base.

  • What is Venmo and How Does It Work?

    What is Venmo and How Does It Work?

    Venmo is a popular mobile app that makes sending or receiving money as easy as texting. With just a smartphone and a linked bank account, debit card, or balance, you can pay friends, split dinner bills, or even shop online.

  • Buy Now, Pay Later (BNPL): What It Is?

    Buy Now, Pay Later (BNPL): What It Is?

    Buy now, pay later (BNPL) is a short-term loan that lets shoppers split purchases into smaller, usually interest-free installments. It’s perfect for buying big-ticket items without draining your bank account upfront. Its ease and flexibility have made BNPL a favorite among those wanting to manage their spending more comfortably.

  • eCommerce Fraud Prevention: Payment Fraud Trends

    eCommerce Fraud Prevention: Payment Fraud Trends

    With the expansion of digital-based jobs and tasks, numerous fraudsters have managed to find ways to penetrate the payment system and steal personal data and finances. eCommerce fraud refers to deceptive practices targeting online transactions, posing an escalating threat to digital businesses worldwide.

  • eCommerce Payment Methods: How to Choose

    eCommerce Payment Methods: How to Choose

    In today’s global, digital-first economy, ecommerce payment methods are central to how businesses connect with customers and close sales. Choosing the right payment options is a strategic decision that impacts user experience, boosts conversion rates, reduces fraud, and supports scalable growth. This article offers insights for local and international ecommerce businesses, whether B2C or B2B.