Author: Vellis Team
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.