Perseverance is the Key Steve Jobs got kicked out of Apple. While J.K. Rowling was writing the Harry Potter book, her life was a self-described clutter: she was going through a divorce and her only source of revenue was government aid and living in a tiny apartment with her daughter before building her millionaire brand. […]
What is the mobile payments future? See what the future of mobile payments has to bring with CNNMoney interviewing LevelUp founder Seth Priebatsch.
Malta has one of the most prestigious, globally recognized and well-regulated gambling laws, known to be well-efficient and strict in preventing any illegal activity, money laundering for instance. The Malta online gambling license is recognized in several major developed countries. Before applying for gambling license in Malta, you should consider reading this article. There […]
A Payment Gateway enables online merchants to accept card payments and alternative payments securely by encrypting sensitive information and passing the transaction details to the acquiring bank. Acquiring bank then notifies the issuer bank that an account/card holder has requested a payment. A payment gateway facilitates the transfer of information between the online merchant and […]
An Automated Clearing House (ACH) is an electronic network for financial transactions. It is generally used in the U.S. This clearing house usually processes large batched volumes of credit and debit orders. The first task done by the ACH is when a receiver grants the authorization for the originator to issue a debit or credit […]
High risk merchants are defined as merchants whose business is more susceptible to fraudulent activity or their average sales volumes are higher than average. It is the norm that high risk merchants are more prone to thorough due diligence by the acquiring banks. This is due to the risk associated with such merchant accounts. So, […]
Finally, in October 2015 the much-debated Payment Networks’ Liability Shifty propagated with EuroPay, MasterCard and Visa (EMV) is coming into motion in the United States, and the US is moving towards upgrading its mobile payments security standards. It is a progressive development for financial organisations, banks, credit unions, retailers and credit card issuers and more. […]
E-Wallet for playing Online Poker Find out you need to have an e-wallet for playing online poker. If you want more information about electronic wallets, you can read our article about them.
3D Secure or 3DS is a protocol designed as another layer of security for online credit and debit card transactions (also known as CNP – cardholder not present). Visa developed it with the intention of improving the security of Internet payments. Visa company offered it to customers as the Verified by Visa (vbv) service. MasterCard also […]
An acquiring bank – also known as an acquirer. It is a bank or a financial institution that processes credit and/or debit card payments. These payments are for products or services on behalf of an online merchant. Acquiring Banks accept transactions from the card-issuing banks within an association being Visa, MasterCard, Discover, American Express, Diners […]
DISCLAIMER
Areto Payment Processing Services AG is a licensed Financial Intermediary and member of the VQF, a self-regulatory body approved by the Swiss Financial Market Supervisory Authority (FINMA) for the supervision of the financial intermediaries.
