Cross-border payments sound simple in theory – but once you introduce currency exchange rates into the picture, things can get more complex. For businesses, especially small and mid-sized ones, even a small shift in the exchange rate can make a big dent in profit margins. Currency exchange rates affect the actual value of a payment …

The payments industry is shaped by strict regulations, multiple layers of licensing, and various types of agents who operate under specific legal frameworks. Among these, sub-licenses have attracted considerable attention, often sparking confusion and assumptions. Payment institutions (PIs) and electronic money institutions (EMIs) may engage agents or distributors to expand their operations, but the roles …

A person holding a wallet and a cell phone photo – Free Tech Image on Unsplash Speed is no longer a bonus in business; it’s expected. Customers don’t want to wait, vendors want quick payouts, and businesses need up-to-the-minute control over their cash flow. In the U.S., systems like FedNow and the Clearing House’s RTP …

Payments is one of the fastest-evolving technology sectors, driven by rising digital payments and heightened security requirements. SaaS companies operating in this space must innovate relentlessly while meeting strong compliance and scaling requirements. But it can be costly and time-consuming to assemble an internal team with the necessary expertise. More and more SaaS companies are …

How Has the Rise of P2P Payment Systems Impacted the Way Society in Poland Handles Money? You don’t need to look far to see how money habits have changed in Poland. Go to a shop or sell something online; it’s now completely normal to transfer money from phone to phone in seconds.  While speaking with …

Getting paid should be simple, but for many businesses, it’s a headache. Invoices get lost, payments come late, and chasing clients takes time away from the real work. The good news is you don’t need a big team or fancy tools to fix it. A few simple steps can speed things up, reduce mistakes, and …

How to Optimize Your Interchange to Lower Your Transaction Costs As payment methods change, businesses will need to react more rapidly, which makes interchange efficiency even more necessary. Merchants pay card-issuing banks interchange fees to handle credit and debit card transactions. These fees can have a big effect on a business’s bottom line. These fees …

Image source: https://pixabay.com/illustrations/bank-card-online-payment-business-6406011/ When COVID-19 forced Riverside Bakery to close its doors to in-person customers, owner Maria Sanchez quickly discovered a critical weakness in her business model. With only cash and credit card payment options available for her newly implemented online ordering system, she lost numerous customers who preferred alternative payment methods. This scenario highlights …

Photo by Mika Baumeister on Unsplash Online gaming has enjoyed significant growth in popularity, with stronger and faster internet connections and improved technology helping to create incredible gaming experiences for consumers. Technological developments have boosted everything from traditional console gaming to mobile apps and online casinos, but deciding the best way to make a payment …

Driven by the rise of digital platforms, the online gambling industry has continued to enjoy massive growth over the past decade. The early days of the industry were marked by numerous challenges. Players were restricted to specific locations to play very few games. There was also the issue of limited, yet slow payment options. Before …