Crypto currency payment gateway solutions are getting more and more important for both merchants and platforms. Crypto is no longer just an investment vehicle. It is rapidly becoming a payment medium. So, merchants look for optimal crypto payment gateway solutions which would make accepting cryptocurrency payments possible for them. And PayFacs, ...Read more
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United Thinkers announces integration of its flagship product UniPay Gateway with MPGS to increase its European and Middle Eastern presence New York, NY – (February 1, 2022): United Thinkers, a New-York based commercial open-source Payment Management Software provider, has integrated with Mastercard Payment Gateway Services (MPGS). UniPay Payment Management Platform’s integration with ...Read more
SoftPOS technology offers a handy way to both make and accept electronic payments. SoftPOS solutions are particularly relevant for micro-merchants and SME.Large-size payment services providers and software platforms also need to offer SoftPOS features within their omnichannel solutions. So, in this article we are going to provide a brief description of ...Read more
What might be the best crypto payment gateway option for your business? Of course, multiple cryptocurrency payment gateway offerings are out there. At the same time, these offerings are mostly merchant-centric. If you are not an ordinary merchant, but a shopping cart or SaaS platform owner, then your choices are much ...Read more
United Thinkers develops a cryptocurrency solution for PayFacs New York, NY – (September 6, 2021): United Thinkers, a New-York based commercial open-source Payment Management Software company has started the development of a cryptocurrency payment solution for payment facilitators. United Thinkers is adding support for crypto to the feature set of the company’s flagship ...Read more
A crypto payment gateway solution is something many companies need and search for. Almost every one of us knows about cryptocurrencies, blockchains, and defi platforms. However, until now, most people considered crypto too volatile and risky. As the realities change, cryptocurrency gateway technologies are on the rise. The right time for crypto ...Read more
PA DSS and PCI compliance remain in the focus of Paymentech industry. Presently, COVID19 epidemic shifted the preferences of many buyers and sellers from cash to electronic payments. Indeed, payments that involve less physical contact, are less risky in terms of sanitary requirements. PCI compliance and PCI data security standard update Global increase ...Read more
Payment platforms always tried to diversify their revenue streams and customer bases. One of the common diversification strategies is to support as many payment types as possible. These payment types include ACH payments, credit/debit cards, and (a recent addition) cryptocurrency operations. Why cryptocurrencies? Will cryptocurrencies survive the fall of interest rates? All world economies ...Read more
Many startup businesses from Asia, Africa, and Latin America are facing problems finding a proper payment gateway solution. Merchants from these geographies are often interested in accepting payments from customers in the US and Europe. However, sometimes they are unaware of serious credit card processing risks, particularly, those related to geographical ...Read more
SaaS platform owners are among top candidates for becoming payment facilitators. Other candidates include independent software vendors, online marketplaces, and franchise owners. All these business models (including SaaS model) have “know your customer” logic. They also have established customer bases. So, they are already on the way to becoming PayFacs. Now, let ...Read more
Building or licensing your own payment gateway involves many important aspects, both business and technical. The two conceptual options are as follows. Option one is to try to build a custom payment gateway from scratch. Option two is to license an off-the shelf solution and try to customize it according to ...Read more
In spite of pandemic-driven economic recession, payment facilitator model is thriving. So, revenues of PayFac payment platforms remain high. At the same time, more companies are implementing PayFac model and establishing PayFac payment gateway partnerships. These companies include owners of SaaS platforms, franchisors, ISO, marketplaces, and venture capital firms. Owners of many ...Read more
It looks like we are witnessing a new phase of the usage-based billing evolution. Legacy billing software is no longer able to accommodate all the functions its users (and their customers) need. As a result, subscription billing software has to evolve into something more sophisticated. Traditional recurring payment processing and invoice software ...Read more
A white label payment gateway solution is easier to implement than a custom payment gateway product developed from scratch. However, many companies that decide to make some money on white label payment gateway services, make costly mistakes along the way, because they do not know how to approach the process properly. ...Read more
Modern payment gateway solutions serve two major purposes. First, they harmonize cardholder data formats as it is sent from merchants’ POS systems to payment processors. Second, they ensure security of payment data (provide an additional payment security layer). More and more present-day companies face the tough choice between buying ready-made gateway ...Read more