How to Prevent Buy Now Pay Later Fraud
Knowing how to prevent buy now, pay later fraud (BNPL) is essential to providing the “instant financing” option many consumers expect in order to facilitate larger sales at faster speeds, especially for those who can’t access or prefer to avoid interest-accruing payment methods like credit cards. This is because BNPL...
Best Payment Gateways
No one has time to custom-build a bespoke payment processing solution for the brick-and-mortar and ecommerce stores. Thankfully, third-party payment gateways coordinate the behind-the-scenes dance between merchants and their banks, buyers and their banks (that issue debit cards), and credit card companies. The right payment gateway helps keep every party...
Top Small Business Payment Processing Solutions
Although cash remains a popular payment method, 80% of consumers prefer card payments over cash (especially in the germ-avoidance world of the COVID-19 pandemic), and consumers on average spend five times more when making non-cash transactions. Even small businesses need a reliable, secure, PCI DSS-compliant way to run credit cards...
How Do Buy Now Pay Later Systems Work?
Buy now, pay later (BNPL) has gained massive popularity over the past decade among eCommerce shoppers with tighter budgets looking for short-term, interest-free ways to pay for larger purchases over time and among shoppers who wouldn’t qualify for traditional financing options. Done right, BNPL can be a significant benefit to...
