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All articles related to «payadmit»
Blog PayAdmit
Company
March 26
Payment gateway vs. payment processor
Online sales continue to grow and have increased sharply during the COVID-19 pandemic. Over the past two years, the industry has received an additional impetus for growth. According to American Express Digital Payments, 71% of online store managers agreed that their sales through mobile services have increased. However, an online store must choose ...
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Blog PayAdmit
Company
March 18
Checkout CSS: Enhancing User Experience with Custom Styling
In e-commerce, a streamlined checkout process is crucial for converting potential customers into paying ones. Checkout CSS, which involves customizing the checkout page with tailored styles, plays a vital role in achieving this goal. Statistics show that businesses can reduce cart abandonment rates by up to 20%, improve conversion rates by 15%, and...
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Blog PayAdmit
Company
March 10
The Power of Payment Links in Modern Fintech Solutions
Businesses navigating digital transactions seek streamlined payment solutions that enhance efficiency and customer satisfaction. Payment links, such as unique URLs or QR codes, simplify payments securely and are adaptable across various communication channels. Statistics show that payment links can increase payment processing efficiency by up to 30...
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Blog PayAdmit
Company
March 06
Digital Currencies and Blockchain Technology: Revolutionizing Finance
The rise of digital currencies and blockchain technology is transforming the global financial landscape. What once seemed like a niche innovation is now at the core of discussions about the future of money, transactions, and financial systems. These technologies promise to reshape how we handle payments, store value, and interact with the world&rsq...
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Blog PayAdmit
Company
February 26
Types of High-Risk Businesses
High-risk business is not necessarily hazardous. On the contrary, it may be profitable, promising, and, most importantly, legal. But this does not mean that the high-risk industry is named “just like that.” Problems with a company that operates in a high-risk area are quite possible. A high-risk business has a high probability of encou...
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Blog PayAdmit
Company
February 21
What Is an Internet Merchant Account?
Any modern online store accepts bank cards. If you intend to start your own business, you need to know how accepting and processing payments work. One of the most important aspects of accepting payments from debit and credit cards is a merchant account. This is a special account opened for each online store before connecting payment services to it....
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Blog PayAdmit
Company
February 11
Processing Limits: Managing Transaction Volumes Effectively
In today’s digital era, businesses rely heavily on electronic payment systems. Effective management of transaction volumes is crucial for seamless operations and mitigating issues. Implementing processing limits helps maintain control, reduce fraud risks, and enhance customer satisfaction. Statistics show a 30% decrease in fraudulent transact...
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Blog PayAdmit
Company
February 06
Payments Through Social Media and E-Commerce: Shaping the Future of Shopping
The way we make payments has drastically changed, with social media platforms and e-commerce websites leading the charge. These platforms are now seamlessly integrating shopping features, allowing consumers to shop without leaving their favorite apps. This shift has made purchasing simpler and faster than ever before. Social Media and the Rise of ...
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Blog PayAdmit
Company
January 29
What Is Express Checkout
Based on the data collected by Baymard Institute, 22% of online shoppers abandon an order due to a “long/complicated checkout process”. No wonder, businesses try to make it easy for their customers to buy goods online. Offering an express checkout can be the way to go. This payment metho...
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Blog PayAdmit
Company
January 24
What is VBV (Verified by Visa)? A Complete Guide
Online shopping has become a significant part of the global retail scene. The number of digital buyers worldwide will reach almost 3 billion in 2025. As online payment usage grows, so do financial crime risks. To protect online retailers and cardholders, Visa incorporated Verified by Visa (VBV). This security feature adds a...
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Blog PayAdmit
Company
January 13
What Is 3D Secure?
As of today, 86% of people have fallen victim to identity theft at least once in their lifetime. Statistics don’t seem to get better any time soon. No wonder, companies are looking for preventive measures to protect their business and customers. 3D Secure has become fairly common these days. The technology provides an addi...
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Blog PayAdmit
Company
December 30, 2024
Artificial Intelligence and Machine Learning. Transforming the future of technology
Artificial Intelligence (AI) and Machine Learning (ML) are no longer just buzzwords; they are transformative technologies reshaping industries, redefining daily tasks, and opening doors to a world previously limited to science fiction. As AI and ML capabilities grow, their applications touch nearly every sector—from healthcare and finance to ...
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Blog PayAdmit
Company
December 23, 2024
Payment Processing Industry
Massive digitalization has a direct impact on the payment processing industry. The number of online transactions reached 1.3 trillion in 2023. The transaction value is projected to show an annual growth rate of 9.5% leading to a total of $16.6 trillion by 2028. The changing marke...
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Blog PayAdmit
Company
December 17, 2024
Understanding Anti-Fraud Systems: Enhancing Security in E-Commerce
The Importance of Anti-Fraud Systems Anti-fraud systems safeguard e-commerce stores against fraudulent activities, minimizing financial risks and protecting businesses and customers. With increasing cybercriminal sophistication, advanced anti-fraud systems are necessary. What is Anti-Fraud in Simple Terms? An anti-fraud system assesses financial...
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Blog PayAdmit
Company
December 12, 2024
Contactless payments. A modern solution for fast, safe transactions
Contactless payments have quickly become essential in today’s financial world, offering a fast, secure, and convenient way to complete transactions. With just a tap of a card, smartphone, or smartwatch, consumers can now make payments without needing to swipe, insert, or handle cash. Powered by Near Field Communication (NFC) and Radio Frequen...
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Blog PayAdmit
Company
December 04, 2024
PayAdmit and Paysecure join forces to revolutionize global payment solutions
PayAdmit, a leading provider of payment software solutions, is thrilled to announce a strategic partnership with Paysecure, a premier global payment gateway. This collaboration will enable PayAdmit to offer new, seamless payment solutions to its clients through advanced technical integration with Paysecure. This partnership is set to revoluti...
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Blog PayAdmit
Company
November 06, 2024
PayAdmit partners with Spoynt to unlock new payment capabilities for global merchants
PayAdmit, a leading provider of payment software solutions, is excited to announce a strategic partnership with Spoynt, an innovative payment platform designed to empower merchants across various channels. Through this collaboration, PayAdmit will provide Spoynt with its advanced Payment Bridge software, enabling smooth integration f...
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