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All articles
All articles related to «payment solution»
Blog PayAdmit
Company
October 20
Fintech and Payments: Brief Guide
Fintech, or “financial technology,” is a technology used to deliver financial products or services to the market. Fintech companies develop advanced payment gateway solutions. A payment gateway acts as a central hub between online stores and financial institutions involved in transaction processing: banks, card issuers, and processors. Fintech paym...
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Blog PayAdmit
Company
September 24
Payment Failures: Causes, Solutions, and Recovery Strategies
In today’s economy, efficient payment processing works well for small and large businesses. With 14% of global transactions failed, they have to deal with disruptions in cash flow, customer dissatisfaction, and even loss of revenue. What is the reason for a payment transaction failed? This brief guide will explore different asp...
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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
November 19, 2024
What does payment processing mean? Definition and key terms to know
Cash is gradually becoming a thing of the past and giving way to online payments. E-commerce platforms actively use them. However, before you connect online payments, you need to consider a number of nuances. To make the right choice, it is important to know how to process payments in general, what processing means, and what types of payments can b...
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