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B2B payments start-up PayMate acquires Zaitech

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PayMate, a start-up in the business-to-business (B2B)  payments   space, has acquired Zaitech Technology, a digital lending platform, signaling its continued interest in the fintech sector. Rajat Yadav, Founder, Z2P Technologies, said: “Technology and data-driven actionable insights for lending, along with machine learning, is what Z2P has built over the past few years.” The data is gathered using proprietary analytics and AI technologies. PayMate, which is backed by Lightbox Ventures, Mayfield Fund, among others, is riding the alternative lending wave sweeping the industry as a host of new start-ups are tying up with traditional financial institutions such as banks. PayMate claims it has 20,000 registered businesses on its platform and this acquisition will help it reinvent its payment operations, cash-flow and access to growth capital. As part of the acquisition, it gets a  payment gateway , which can ensure visibility of cash-flow through the supply chain

American Express Company vs. Visa: Which Is the Better Buy?

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Both American Express Company ( NYSE: AXP ) and Visa Inc ( NYSE: V )  are well-recognized, ubiquitous brands, and most people would probably think that because their logos are emblazoned on the plastic rectangles residing in our wallets, the two companies run similar businesses. While there are obviously some similarities, investors might be surprised to learn that the two companies feature some striking differences in their business models as well. Let's take a closer look at these two companies' business models, what they are doing to grow their business, and their valuations to determine which one might make a better investment today. The case for American Express American Express operates a closed-loop credit card system, essentially meaning that no third party is necessary for the relationship between the cardholder and the company. In other words, American Express issues the credit card, adorns the card with its branded logo, and lends money directly to th

How To Accept Virtual Credit Cards For Your Small Business

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When it comes to the  credit card processing  your business does have you ever considered using virtual credit cards? This is simply a digital number that represents a plastic credit card. With the right card, your customers can often decide in advance the maximum amount that can be charged to the card. They also have the ability to set an expiration date for the card so that it cannot be used for longer than one year. Many consumers are embracing virtual credit cards because it protects their real credit card number from most businesses. Since consumers are getting in on the virtual credit card you might be wondering if your business can do the same. Protecting corporate credit card accounts is something that is now being accomplished with virtual cards. Many of the top credit card companies in the world are now using this technology to their advantage. There is more than one use for corporate virtual credit cards. Businesses are now using them for employee expenses su

Understanding Credit Card Processing Works For the Benefits of Ecommerce Businesses?

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To face the fierce competition in the E-commerce market, every merchant needs an online payment gateway and online credit card processing that can help the merchant serve the increasing number of customers on a daily basis who like to shop online and use credit cards as a preferred mode of payment. To successfully run an e-commerce business, the merchant needs an online credit card processing that is effective and efficient in fulfilling its purpose. Benefits of Online Credit Card Processing IMPROVES ABILITY To make the website visually effective, a merchant invests a lot of time and money. But most of the merchants do not consider it important to invest much time when it comes to payment processing. However, to improve online transactions for your E-commerce business, it is important to choose the right payment gateway. A system that enables the communication between the merchant processor. Also, a PCI compliant website to share customer’s payment details, bank a

The Large Global Payments Processor Unveils Airdropping Campaign Among Users

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CoinPayments, a global cryptocurrency payment processor, has announced an airdrop launch of its own utility token – the CPS Coin. The company also plans to lower its transaction and conversion fees for token holders and enhance its user interface in 2018. Founded in 2013, CoinPayments is a global cryptocurrency  payment processor  with a reach of over 1,000,000 vendors across 182 countries, says the company’s blog. CoinPayments offers a cloud payment solution allowing merchants to accept Bitcoin and hundreds of other coins through their plugins, APIs and point of sale (POS) interfaces.   “CoinPayments has created a special place in the world of cryptocurrency users with intuitive digital wallets, which include shopping cart plugins that can be easily integrated by online merchants making it appealing to their customers,” said Alex Alexandrov, founder and CEO of CoinPayments in an interview with Insight Success. The company is set to launch two mega projects in 2018.

Single Place For All Your High Risk Payment Processing Needs

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Our Online Payment Gateway Solution has been designed with a high standard of innovative services allows us to find a fast, attractive and competitive solution for your online business, We serve merchants worldwide in nearly every genuine industry, Our Application process is quick, easy and simple. Sign up today and start accepting online payments from your customers. Give your customers the options they need! ACH Payment Processing Having credit card solution does not give the flexibility to the merchant to collect the payment from all customers. For many merchants, this can be a missed revenue opportunity. HighRisk Gateways flexible ACH Payment Processing and eCheck payment options offer. High-Risk Merchant Account HighRisk Gateways always care for our merchant’s business as our business. We think and act like your business partner by serving high-risk  credit card processing  and eCheck/ACH processing. Opening a merchant account with Highrisk gateways is not.

About High Risk Merchant Account And How You Can Manage Them

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A high-risk  merchant account  isn’t easy. For starters, this label comes with a negative connotation about your business, and assumes you aren’t running a reputable company with good products or services. In layman’s terms, a high risk business is one that banks and credit card processing companies consider risky. Sometimes this is because of ties to your previous businesses, and other times, it can have more to do with the industry you’re in. What’s important to understand is that this isn’t the end of the road for you. There are many ways you can continue running your business through partnerships with high risk credit card processing companies. Typically, these companies work exclusively with high-risk merchants who aren’t able to get a traditional processing agreement. Because of this, they can often be the light at the end of the tunnel for entrepreneurs who feel they’ve exhausted their options. Understanding The High Risk Merchant Label To take the best steps