Author: Vellis Team

  • How to Enable International Ecommerce Transactions

    How to Enable International Ecommerce Transactions

    International eCommerce transactions involve selling goods or services online across national borders, enabling businesses to reach customers worldwide. While global expansion offers access to new markets and increased revenue, it also presents logistical challenges like currency conversion, payment compliance, and fraud prevention.

  • What Is Digital Skimming and How Does It Work?

    What Is Digital Skimming and How Does It Work?

    More and more people should get acquainted with the growing digital fraud scheme called digital skimming. Digital skimming refers to a specific type of cybercrime where attackers steal credit card information from online checkout pages, similar to capturing card data at ATMs or gas pumps.

  • Card-Not-Present Fraud: What it is, How it Works

    Card-Not-Present Fraud: What it is, How it Works

    In this digital-driven world, it’s hard to be vigilant as there are a variety of possible frauds present, especially in the world of finance. Card-not-present (CNP) is unfortunately a familiar aspect that may happen when someone uses stolen card details to purchase without physically having the card.

  • PCI Compliance For E-Commerce Platforms

    PCI Compliance For E-Commerce Platforms

    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.

  • What Is an Ecommerce Merchant?

    What Is an Ecommerce Merchant?

    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 eCommerce: How It Works

    Cryptocurrency eCommerce: How It Works

    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…

  • 7 Best Ecommerce Payment Gateways

    7 Best Ecommerce Payment Gateways

    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.

  • Ecommerce Payment Trends for 2025

    Ecommerce Payment Trends for 2025

    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.

  • Best Cities for Startups in Canada Based on Cost (2025)

    Best Cities for Startups in Canada Based on Cost (2025)

    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.

  • Benefits of Multi Currency Account for Businesses

    Benefits of Multi Currency Account for Businesses

    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.