Knowledge Base Archives | Page 4 of 13 | Starting Business

Why engage in e-commerce

E-commerce is a method of engaging in any form of business or commercial activity by using the internet as a primary platform to trade goods and offer services. With the advancement in technology, it has become vital that businesses establish their online presence…

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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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What is a debit card

A debit card is a type of bank card that permits the card holder to have access to their bank account. Individuals are able to use their debit card in order to withdraw cash at an ATM and to transact payments to pay for goods and services, or for online purchases…

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What is a virtual credit card processing terminal

Virtual credit card processing is an effective method of processing credit card payments online in a safe and secure manner. Virtual terminals are favored amongst many online retailers who wish to expand their business network and appeal to a broader client base…

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What is Western Union

Western Union is a financial services company based in the United States that enables individuals and companies to transfer money. The main services that Western Union offers to their clients include money orders, prepaid cards and business payments…

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What is an e-check

An electronic check, often referred to as an e-check, is an electronic version of the traditional paper cheques. E-checks enable payment transactions to be conducted through an online medium, transacting money directly from the payee’s bank account…

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What is mobile payment processing

The process of transacting payment transactions through a mobile device is called mobile payment processing. A mobile can be used in a variety of ways in order to process or authorize payments made by the individual to a company for payment of goods or services…

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