Perhaps you've heard of "payment rails" before but weren't quite sure what they were… In this article, we'll demystify payment rails and explain how they work. By the end of this post, you'll have a good understanding of the most common payment rails used today. What are Payment Rails? In short, payment rails are the infrastructure that…

If you're new to the world of credit card payments, you might be wondering what the difference is between a merchant acquirer and a payment processor. After all, both entities are involved in processing credit card payments, so it's easy to see how someone might get confused. But it's important to understand the distinction between…

The founders of cryptocurrencies have always had a problem with traditional banks. These institutions are important, sure, but they're also slow to change and adapt. They're centralized, which goes against the decentralized ethos of most crypto projects. And, most importantly, they're just not that interested in working with cryptocurrency companies. After all, crypto is still…

Are you wondering what a safeguarding account is and if your business needs one? It's essentially a separate account that keeps your customers' funds separate from your company's operational funds. So essentially, it serves as added protection for your customers' money. Do you need one? That really depends on the type of business you have…

As online transactions have grown in popularity, the need for businesses to choose the right payments vendor has become increasingly important. For growing businesses, in particular, selecting a payment service provider (PSP)

For many modern businesses, making use of a Point of Sale (POS) system is an essential component that contributes to the optimization of sales. This includes aspects such as providing marketing insights based on the demand for products and the management of expenses, inventory, and staff. Many people use POS-related terms interchangeably, yet each one…

Since the introduction of PSD2 and Open Banking, a lot has been said about the repercussions for banks or other financial institutions. The increased competition, accountability, and the overall transformation that would need to occur in the industry were often the themes most commented on.