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Illustration of collecting a card payment through an SMS payment link on a mobile phone

Merchant & POS

What Are the Advantages of Collecting Payments by SMS?

In the past, collecting a payment meant physically swiping a card through a POS device. Payment methods have since diversified so much that customer satisfaction, transaction counts and volumes have all increased. Here is why SMS payment is gaining popularity.

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.

Person entering card details on an online payment page

E-commerce

What is Online Payment?

Making payments over the internet using a card is called online payment. Learn what online payment systems are used for and what happens behind an online transaction, from the payment gateway to the issuing bank.

Payment card being swiped on a tampered POS device in a credit card fraud scheme

Credit Card

A New Method in Credit Card Fraud!!

Credit card fraud keeps changing form, but the aim is always to trick the cardholder into giving up card details. Fraudsters posing as delivery couriers now copy cards on modified POS devices. Here is how the scam works and how to protect yourself.

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.

Credit card showing CVV security code location

Credit Card

Can a Card Have CVV Printed on Both Sides?

Yes. American Express cards have a 4-digit CVV on the front and a 3-digit CVV on the back, like other cards. Here's how payment forms should handle both formats and why logging the security code is never allowed.

Major Industry Identifier digit chart for credit card numbers

Credit Card

What is Major Industry Identifier (MII)?

Major Industry Identifier (MII) is the first digit of a credit card number, representing the category of the institution that issued the card. The MII values and their corresponding categories are listed below.

Illustration representing payment card BIN numbers and card schemes

Credit Card

Which BINs Do Payment Schemes Work With?

Banks increase the variety of their products and services to serve customers better. When introducing new products, they usually issue them under a new BIN. So are there valid rules for obtaining a new BIN (Bank Identification Number)?