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More and more present-day companies need to process electronic payments. Some of them already managed to make a transition from cash-based operations to online transaction processing. Following their example, new market players are trying to find the best solutions that would allow them to process electroinc payments for their core products. What it takes to…

Before listing benefits of becoming payment facilitators for special businesses, could you tell a major chord from a minor chord? If you can, then you have a good chance of becoming a musician. Are you tall and athletic? If you are, you might make a great basketball player. Are you good at maths and planning?…

The world of electronic payment processing is now turning into a sort of virtual Babylon. Every processor and acquirer speaks its own language, lives according to its own rules and requirements, and imposes them on its clients. However, the collaborative payments platforms that emerged recently help merchants drive costs down and succeed in the new world…

Many companies currently want to expand their operations to new geographies and start accepting payments in different currencies. Globalization takes its toll on the payment services market as well.  As a result, they have to answer similar questions. People study foreign languages and cultures for different reasons. Some just want to be able to buy…

What does the word migration mean to you? Huns led by Attila or Mongols led by Genghis Khan sweeping through the continent? The exodus of the Jews from Egypt? American pioneers moving westwards? Are Mormons moving to Utah to escape persecution on religious grounds? Millions of people changing their homelands in search of a better…

What is better: renting accommodation or buying one? Naturally, every answer depends on the particular respondent’s situation. And each of the two options has its pros and cons. Some rent accommodations and switch from one landlord to another as often as they find it suitable. Others take burdensome mortgages, which take many years to payout….

What is your attitude toward a legacy platform replacement? Are you OK with moving to a new place? Of course, everything depends on your particular situation. Living in a cozy little apartment or in a place where you grew up might feel comfortable for a time. However, at some point, you realize that you need to…

-Can I accept electronic payments without a merchant account? -Yes (if the very term “merchant account” scares you). But be ready to go through the necessary background verification process. It is, by the way, more or less, the same as the process of getting a regular merchant account. -Can I pay for a product or…

Some people prefer to rent accommodations. Others think that nothing is better than “a place of your own.” But what does the term “place of your own” mean? Is it a house you build from scratch? Or is it just a room in a dorm with your name on the door? After all, anyone can…

About 50 thousand years ago, several humanities co-existed on our planet. Relationships of modern humans with other human species (such as Neanderthal etc.) ranged from killing and eating each other to interbreeding. Modern-type humans turned out to be better adapted to changing environmental conditions. So, at some point, all other human species became extinct. However,…

Becoming a PayFac “Bears are taking over the stock market.” According to many experts, after almost a decade of a bull market, we are entering the bearish zone. During this past decade, most investors just bought stock only to sell it at a higher price a little later. Alas, “buy low, sell high” formula does…

Imagine, you’ve invited your friends home for dinner and decided to surprise them with some gourmet cooking masterpiece. However, at a certain point in the process of cooking, you realize that you’ve confused the sequence of ingredients from the recipe. Or you simply forgot to add something at the right time, and now it is…

Imagine you discover spring with clear water on your property. What will you do with it? Scenario 1: keep the water source to yourself, to be used by your family and friends only. Scenario 2: start letting people enter your property and use the well for a fee. Scenario 3: start selling bottled water from your spring to…

Would you like to have a cottage somewhere in the mountains? From there you could go hiking and, perhaps, skiing with your friends and family. Plus you could rent it (or part of it) to other people, who also want to go to the mountains and need some place to stay. And if you feel…

Let us assume you are the owner of a classy and popular downtown restaurant looking for a payment technology. You know that somewhere in the suburb there is a promising new photo studio. A lot of talented young photographers work there. But they are currently using only 25% of their maximum service capacity. Why? Because…