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"Online Transaction"

186 articles found

Check-out button on an online payment screen

Security

What is Check Out?

In online shopping, converting product browsing into a completed sale after a customer visits your site is just as critical. The amount of purchases abandoned due to friction in the online buying process often exceeds successful sales.

One-click payment button in an online checkout

Merchant & POS

What is One-Click Payment?

In online shopping, the payment method that lets card details be entered once and then reused automatically in later purchases is called 'one-click payment'. Patented by Amazon in 1999, it has been described as a revolution in e-commerce.

Illustration of the Mastercard Data Integrity Monitoring Program for transaction data quality

Credit Card

What Is the Data Integrity Monitoring Program?

Published by Mastercard on 24 May 2019, the Data Integrity Monitoring Program monitors transactions (authorization, clearing, chip, chargeback, etc.) in the Mastercard system to reduce erroneous transactions and increase transaction success rates.

Diagram explaining the PAN Sequence Number (PSN) field on a chip card

Credit Card

What Is PSN (PAN Sequence Number)?

A 2-character field written to the card's chip data that increases by 1 with each card renewal, allowing authorization to distinguish between the old and new card. This means that, theoretically, assuming no other conditions prevent it, a...

Online shopping and e-commerce payment on a laptop with a bank card

Payment Institutions & E-Money

What are the advantages of working with a payment institution?

Online shopping keeps growing, and e-commerce sites must choose between working with a bank or a payment institution. This article explains why a single application and integration with a payment institution can be the better route.

Illustration representing the BKM Payment Gateway

Payment Systems

What is the BKM Payment Gateway?

BKM Payment Gateway is the general name for platforms that let government institutions accept card payments through BKM as intermediary. For the first time, SGK and e-Government title deed payments can be made with all banking cards.