Welcome To The WebPays Blog
Where you can find
latest payment news trends & more!
Detailed Guide to E-check Payment Processing
It's time to step into the modern age with eCheck payment processing! EChecks are digital versions of traditional paper checks, gaining popularity for their speed, security, and convenience.
Step-by-step Instructions To Accept Payment Online in 2024
Accepting payment online has been an important part of the growing digitalization. As of today, there are multiple ways to accept payment online such as a merchant account, payment gateway or third-party app like PayPal.
Reasons Why Credit Card Application Rejected
In a world where financial transactions are predominantly cashless thanks to the best credit card payment companies for credit card payment processing, credit cards have become an indispensable tool for managing personal finances.
Mastering Merchant Payment Collection in Detail
In the rapidly evolving landscape of commerce, mastering merchant payment collection is a crucial aspect of running a successful business. With the rise of digital transactions and the prevalence of credit card payments, businesses need to understand the intricacies of a credit card merchant account to streamline payment processes,
Future Of Embedded Payments And Its Importance
The concept of Uber and Ola is so familiar today that maybe we somehow forget how brilliant the idea of booking and paying for a cab from your mobile was at the beginning. This monumental shift to a seamless cab-driving experience paved the way for an amazing experience for the always-on-the-go people, transforming the entire industry, much like innovative credit card payment solutions did to help businesses easily accept credit card payments.
Tips To Understand Payments To Remain Competitive In Changing Market
Technological advancements are transforming the global payments industry (including credit card merchant accounts) with every passing day. Geopolitical factors, societal responsibilities, technological advancements, commerce expectations, and capital market resets are some of the most influencing factors behind pronounced sector and regional dynamics.
All About Merchant Category Code (MCC)
Merchant Category Codes (MCC) refers to a four-digit number assigned by credit card companies to businesses for categorizing the type of products or services they offer. They also help businesses, credit card merchant account providers, and financial institutions assess risks, understand consumer spending patterns, and customize financial services accordingly.
Top Payment Processing Tools For SAAS Platforms
If you're a company offering software services (SaaS) and want to let users pay through your Software, you've got some special needs. In the dynamic realm of online business, the synergy between Software as a Service (SaaS) platforms and payment processing tools plays a pivotal role in ensuring seamless transactions.
A Unlocking the Power of Plastic Money: A Deep Dive into Credit Card Processing
It is not hypothetical anymore that consumers spend more or make impulsive purchases using credit cards (plastic money). In a first-ever investigation examining brain activity at the time of purchasing using fMRI technology by MIT, researcher Prof. Drazen Prelec found that paying via credit card activates the dopaminergic reward region of the brain and minimizes the pain of spending. As a result, consumers frequently find themselves exceeding their initial budgets and making impulsive purchases.
Chatbots play a significant role in enhancing the payment industry
In 2022, chatbots are not just an invention but also a must-have for businesses that depend on interaction with customers, comprising financial organizations. AI-driven chatbots can affect human discussions, and fix client's problems in a couple of seconds. And also handle daily tasks, enabling human employees to easily perform more complicated and significant tasks.
An ultimate guide to Chargeback frauds
A chargeback is a relapse of a payment amount by the issuing bank or online payment processor, generally because of the customer debating the amount. Some chargebacks happen because the online business enables fraudulent payment processing to go through.