Mobile banking has been steadily gaining popularity over the past decade, but the COVID-19 pandemic accelerated its adoption in a big way. As more people turned to online banking to avoid physical contact and maintain social distancing, mobile banking emerged as the preferred channel for customers of all age groups. Let’s dive into stats and […]
A Cashless Future of Payments: How to Embrace it?
The world is moving towards a cashless future of payments. Cash is slowly losing its grip on the global financial system, with more and more people adopting digital payment methods. The growth of digital payments is driven by technological advancements that are making transactions faster, cheaper, and more secure. The impact of this shift on […]
The Role of Customer Support and User Experience in Payment Processing
When it comes to payment processing, customer support and user experience are two critical factors that can make all the difference for merchants and their customers. Payment facilitators and gateways can play a crucial role in helping merchants to provide excellent customer support and a seamless user experience, leading to improved customer satisfaction and increased […]
The Importance of Payment Facilitators and Gateways for e-Commerce
Payment facilitators and gateways are two important tools that merchants can use to facilitate online payments. Payment facilitators help merchants to process payments from their customers, while payment gateways provide a secure connection between the merchant and the payment processor. Together, these tools can help merchants to improve their payment processing efficiency, reduce costs, and […]