Blog
This article summarizes the presentation from the Merchant Payments Ecosystem 2024, shedding light on the evolving landscape of online transactions in Europe and the necessity of local payment methods. With our CEO, David Rintel, at the forefront, key insights into online payment trends and innovations are explored, offering a glimpse into the dynamic shifts shaping the industry.
In an era characterized by technological advancement and innovation, the financial industry is not exempt from transformation. In this rapidly evolving landscape, traditional banks face challenges from a new generation of players, the financial technology sector is undergoing swift transformations, and alternative payment methods are emerging. Open banking has been instrumental in many of these changes.
In the world of e-commerce, refunds are a necessary aspect of customer service. While no business wants to see customers dissatisfied with their products or services, offering an efficient and hassle-free refund process can enhance customer trust and satisfaction.
In today’s digital age, transferring funds has never been easier, with multiple payment methods available, including bank transfers, credit cards, and online payment services. One popular method is the SEPA Direct Debit, which offers a convenient and secure way to make recurring payments. In this blog, we’ll explore what SEPA Direct Debit is, how it works, and how to create a mandate.
The advent of technology has brought about a revolution in the world of finance, making it easier for people to carry out transactions in a more secure and convenient manner. One such innovation is the digital wallet, which has gained immense popularity in recent years.
Payment methods have come a long way over the years, especially in Europe, where digital payments have become increasingly popular. With the rise of online shopping and the pandemic-induced shift toward e-commerce, it has become crucial for businesses to offer a variety of payment options to their customers.
As online shopping becomes increasingly popular, payment methods have become essential to the e-commerce industry. In Belgium, Bancontact is the top payment method used both in-person and online, with over 17.4 million Bancontact cards in circulation, surpassing the number of Belgians.
Card-on-file (CoF) is a popular way of storing credit or debit card details to make recurring purchases easier and faster for customers. It is commonly used for subscription services and online marketplaces. While this method stores actual card information, tokenization replaces it with a unique token, making it a more secure way of storing payment details and reducing the risk of data breaches.
Chargeback allows cardholders to claim a refund from their card issuer (within set criteria and a specific timeframe). It’s given consumers decades of protection but spawned friendly fraud, especially in cardholder, not present (CNP) digital and mobile channels. 70% of all credit card fraud is through false disputes, and friendly fraud is increasing by over […]
Meet and get to know the professional and committed members of the TrustPay high-performance team.
We interviewed Kristína, Sales & Account Manager for the local market.