Offline Processing Archives | Starting Business

Why obtain Postal Payments

Payment transactions conducted through the post are referred to as postal payments. These transactions are a type of offline payment solutions that enable individuals and companies to conduct money transfers in a safe and secure manner. Postal payments are most popular in making domestic…

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Why Offer Bank Wire Transfer Services

A bank wire is an offline payment procedure that transacts payments from one bank account to another. It is a favorable method of payment processing as it offers high levels of security for international transactions. Companies that offer their clients the opportunity to pay through bank wire services…

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Benefits of Offline Payment Solutions

Offline payments are the processing of payment transactions without the use of the internet. These types of payment options are most popular amongst retail outlets and traditional stores, enabling individuals to pay for goods and services at POS terminals with cheque or cash payments…

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What is a Cheque

Cheques are one of the most traditional methods of making a payment transaction. They are a favored and popular method of offline payment amongst retailers worldwide as they are considered to be a safe payment technique. Cheques only allow the named recipient to cash the cheque at a bank…

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What is a bank wire transfer

A bank wire transfer is a method of electronically transferring a sum of money from one bank account to another. This payment solution is processed by a computerized messaging system that is utilized by banks and other financial institutions across the globe. To learn the best practices involved with…

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Why do I need a bank guarantee

A bank guarantee is a type of contract between a bank and an individual that is formed in the event that the individual wishes to invest a certain sum of money in order to initiate business. The agreement stipulates that the bank will settle the debt of the individual and make a full payment to the seller in the event that the individual fails to make it…

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Why obtain offline payment solutions

Payment solutions enable business entities to transact payments for goods and services. Offline payments are a more traditional method of making payments, as this is an internet-free procedure. Retailers today have the advantage of offering online payment solutions in correlation with offline…

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What is a postal payment

A postal payment is a type of offline payment solution that enables payments to be transferred and completed through a post office or other postal services facility. These types of payment processing solutions are available for companies of all sizes dependent upon their location…

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Disadvantages of cheques

Cheques are a traditional form of offline payment solutions that enable individuals and companies to pay for goods and services. This form of payment often causes delays in completing a transaction as they usually have a certain date that they are signed for…

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Processing of bank wires

Bank wires are a widely used method of making offline payment transactions. The process of bank wires is an effective payment processing solution used by many online retailers and ecommerce businesses. Bank wires are an electronic transfer of funds from one…

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