Knowledge Base Archives | Page 12 of 13 | Starting Business

Advantages of cheques

A cheque is a traditional payment method that employs the use of a paper document to make a payment transaction. It is a trusted form of making payments as only the recipient named is able to cash the cheque at a…

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What is 3-D Secure Authentication

The 3-D secure authentication is a newly introduced security measure for online debit and credit card payment transactions. It has been developed by Visa in order to enhance security for online payments and provide…

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Credit Card vs Debit Card

Credit and debit cards are forms of payment solutions which can be processed both online or offline. A credit card allows the holder to use funds in credit while a debit card only permits the holder to spend what is available in his/her…

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Cheque vs E-Check

The popularity of electronic checks has grown over the past couple of years due to the international appeal they bring to payment processing. However, traditional paper cheques are also favored across the globe as they offer high…

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What are payment solutions

A payment solution is the most optimal method of processing a payment that meets a company or individual’s unique requirements. There are two main ways of transacting payments, namely; online or offline transactions. Payment solutions…

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Advantages of e-check processing

An e-check is an electronic version of the traditional paper cheque, enabling customers to make online payment transactions through a safe and secure payment solution. This alternate method of payment allows customers to pay…

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Why obtain offline payment solutions

Offline payment solutions include the more traditional and internet-free methods of payment offered by companies. Retailers today have the huge advantage of offering online payment solutions in correlation with offline methods to capture…

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What is a bank wire

A bank wire is a process of transferring money from one bank account to another. This method allows for the transferring of money to be made in cash through a cash office or via a bank account. To discover the best practices…

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What is a virtual credit card processing terminal

Credit card processing terminals can be ‘virtual’ or physical in the form of POS terminals such as swipe and chip and pin machines. Virtual terminals are favored by online businesses seeking to expand their business network …

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