Recurring billing methods are transforming traditional business models by offering customers a new way to acquire products and services. If you’re looking to boost revenue and streamline sales in the post-COVID climate, consider whether a subscription-based model might be right for your business. Benefits of a subscription model Minimise missed or late payments with regular […]
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About Lisa Smith
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Entries by Lisa Smith
Tokenisation is the process of generating a random string of values (known as a unique ID number or token) to substitute sensitive data like payment details. Using tokenisation, businesses can offer a smooth and secure method of taking payments that allows increased protection against payment fraud. So how does it work? In essence, cardholder data […]
Are you opting for cashless payments in light of COVID-19? Since the beginning of the coronavirus outbreak, concerns have circulated about the possible hygiene implications of handling cash. While it may not be the main mode of transmission, it is suggested that COVID-19 may stick to surfaces for hours and even days. This means that […]
Payment service providers (aka PSPs) deliver services that allow business owners to accept digital payments like credit or debit cards and digital wallets. They are essentially the middlemen between merchants and consumers. They also provide a link between card networks and financial institutions to complete these digital transactions. You might have also heard PSPs referred […]