What is Payment Stack? An Overview
Facilitating seamless and secure payments has become vital to every successful online business. As customers increasingly demand frictionless checkout experiences, merchants must implement robust yet flexible payment solutions. However, building…
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Pros and Cons of Payment Aggregation
Understanding the aspects that help you make informed decisions for your business optimisation. Let’s explore the Pros and Cons of Payment Aggregation, a popular solution in the financial services industry….
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What Are Micropayments? How Do They Work?
In this digital age, virtually every product or service, without exception, is available for online purchase, facilitated by online transactions. As consumers, we seek secure transactions, while as suppliers or…
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Payment Friction: How to Reduce it and Increase Sales
Payment friction in online checkout can significantly impact conversion rates and sales. It is a major concern for e-commerce businesses as nearly 70% of shopping carts get abandoned at checkout…
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What is the Merchant Discount Rate for Payments?
The Merchant Discount Rate (MDR) is a critical component in online payment processing, encompassing the fees levied on merchants for incoming transactions. Ranging between 1% and 3%, MDR involves a…
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