Payments What the FAQ

Why KYC is important?

Explore the Importance of KYC in Enhancing Security, Compliance, and Trust in the Financial Sector.

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Frequently Asked Questions in Payments

How do card payments work?

The process of card payments explained.
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Why do some businesses charge extra 2-5% on credit card payments?

Gain essential knowledge and skills to navigate and comply with the intricate world of digital payment regulations.
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What’s to stop card schemes from increasing their interchange fee?

Decoding Credit Card Interchange Fees
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What is an international payment?

International transactions are the full globetrotting experience. Let's explore the various methods for making international payments and all the parts involved.
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How can I be aware of any online payment fraud?

Led by Diederik Klopper, we explore the challenges faced by merchants, including low sales volumes and high chargeback numbers.
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What are some effective UX design tips for improving digital banking applications?

Uncover the secrets to optimizing conversion rates and enhancing customer satisfaction.
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Why does it take 2-3 business days to process credit card payments?

Explore the complexities of transaction processing in digital payments through our comprehensive module.
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What are the cheapest options for international bank/money transfers?

Understand the journey of your payments from local purchases to global transactions and grasp their impact on costs.
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How do you guard against online payment fraud?

Learn essential to combat online payment fraud effectively.
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Why are international transactions more expensive?

Explore the distinctions between domestic, regional, and international payments, shedding light on essential concepts such as SEPA, SWIFT, and cost-saving strategies.
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Digital Payment Regulations: An Introduction to PSD1, PSD2, PCI DSS, AML, CTF and more

Explore the critical role of regulations in shaping the secure and efficient landscape of digital payment transactions.
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The Essential Role of Visa and Mastercard in Card Transactions

Discover the critical roles of Visa and Mastercard in credit and debit card transactions. These payment giants do more than adorn your cards; they are the backbone of efficient, secure payment processing, connecting merchants and cardholders globally.
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What Is a Payment Gateway in eCommerce and Why Is It Essential?

Unlock the secrets of payment gateways in eCommerce. Discover why these fintech tools are essential for secure online transactions, enhanced customer trust, and efficient global payment processing.
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What is a Transaction Processing System (TPS)? The Backbone of Secure Digital Payments

Explore the inner workings of the Transaction Processing System (TPS), the driving force behind billions of secure financial transactions in the fintech industry. From card taps to online payments, discover how TPS ensures seamless, efficient, and secure fund transfers.
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Issuers, Schemes, Acquirers & Processors in Payments, who makes how much money?

Unravel the mysteries behind the payment system value chain. Discover the roles of issuers, schemes, acquirers, and processors, and learn how they divide the revenue pie, especially in credit and debit transactions. Dive deep into the intricacies of the transaction process, from buying shoes online to the varying pricing structures across geographies.
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