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Acquiring banks play a vital role in the current payment ecosystem, so understanding their function can be helpful, especially if you're a new ecommerce merchant still learning the ropes. Keep...
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Fintech vs Banks Overview The financial sector is changing at a staggering pace. In fact, just 10 short years ago, the introduction of mobile banking apps and digital wallets was...
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EFT Payment Defined - What is an EFT Payment? An Electronic Funds Transfer (EFT) is the electronic transfer of money from one account to another. The term EFT payment is...
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When you swipe your card in a store or click “confirm” in an online checkout, you probably don’t spare a thought for how that payment is processed. What happens to…
There are around 60 million credit cards in the United Kingdom, and they are used to process over 370 million transactions every month. Furthermore, those numbers are increasing as UK…
Stephen Hawking once said, “We are all now connected by the Internet, like neurons in a giant brain.” It’s a quote that gets more apt with each passing year. In…