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Every now and then people become victim of payment fraud in various ways. You must have heard news of someone transacting with someone’s money without their permission. Well, that is the perfect definition of payment fraud. In short – illegal transaction of money is defined as payment fraud. You can save yourself from such frauds…Read More
Online transactions have made life quite easy. We transfer funds, buy things and pay for them, receive payments, and all of this with the simple click of a button. Cash is rarely required anywhere. Online or cashless payments have become quite ordinary. The only time that online transactions frustrate us is when our money gets…Read More
The success of e-commerce depends on various factors, the choice of payment gateway being one of them. The payment service on your e-commerce portal influences user experience. And if a user finds it convenient to shop on your online store, you can expect recurring sales in the future. While selecting a payment gateway in the…Read More
Are you a merchant in Kuwait looking for a secure and efficient payment gateway to accept online payments? The solution is K-Net payment system, suitable for online retail businesses, operating in Kuwait. It is also the most popular gateway, with 71% people using K-Net as the APM. This payment system has also opened up a…Read More
The price of a product or service is the most influencing factor for a buyer. Of course, there are other factors affecting online sales, such as geographic location, currency, user experience, and so on. When we talk about price localization, we incorporate all these factors to render a customized shopping experience. According to a study,…Read More
The stiff competition in the online ecosystem calls for innovative strategies to stay ahead of your competition. One of the easiest ways to do this is by offering a seamless customer experience. A payment gateway comes in handy in helping you offer a smooth user experience by allowing easier processing of payments on your ecommerce…Read More
Most payment gateway changes are driven by a business’ need to support additional payment options or to accommodate growth. In some cases, merchants come across payment gateways that have more advanced features, are more professional looking, or offer a better experience for the customers. If you are wondering how to switch payment gateways and the…Read More
With the rapid pace at which the payment industry is gathering momentum, the global payment environment will go through a sea change in near future. There are many factors responsible for an ongoing shift in the payment industry. We are going to discuss these trends in the light of the 5 major factors that are…Read More
What California is to Apple and Redmond is to Microsoft, Saudi Arabia is to PayTabs. We are proud to call ourselves a Saudi startup and proud to have spread our wings in the GCC region and the World. Circa 2014: PayTabs was incorporated in Saudi Arabia with a mission to provide a convenient and secure…Read More
In 2014, global m-Commerce revenues were $184 billion which is poised to increase to $669 billion by 2018*. These figures are a testimony to staggering growth of mobile retail commerce in recent times, primarily led by deeper smartphone penetration across the world. In terms of regions, Asia has witnessed the highest growth in mobile commerce,…Read More
Every once in a generation, comes a paradigm shift in innovation, that changes the way we engage in our daily lives enabled by technology. Be it the Internet in the 1980s or the penetration of smartphones, a decade ago. The Internet and Smartphones have fundamentally changed some of our key actions as human beings! Such…Read More
If you have ever wondered how a payment gateway functions on the backend. Well, look no further! We have a lowdown on how a payment gateway facilitates the transfer of information between a payment portal (such as a website, mobile phone) and the Front End Processor or acquiring bank. Here is a step by step…Read More
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke (Author) The world of payment solutions has evolved dramatically in recent times, given the growing need of global e-commerce. Most merchants nowadays require a comprehensive solution to take care of their payment needs, whether it is in a single store environment or a…Read More
In one of our earlier post, we touched upon the factors that set PayTabs apart as a payment solutions company. We looked at the existing gaps in the payments processing industry and how does PayTabs bridge the gap. Today, we are looking specifically at some of the business problems that PayTabs can solve for your…Read More
Circa 2006: You live in Greater Kailash in New Delhi, surrounded by markets, where you would get everything under the sun. One fine morning, your phone fell down on the floor and the screen cracked. You run to the nearest store and buy the phone of your choice. Circa 2017: Similar incident happens; you login…Read More
Recent research has found out that Alternative Payment Methods will account for 59% of all online transactions by 2018. With increasing complexities in the global market with regards to payments, it is imperative for economies to allow alternative payment methods which instill that confidence in consumers to pay online. Because the truth is that, as…Read More
It’s a no-brainer! Everybody out there knows that to buy or sell any product or service through any medium, one would need a transacting currency. The status quo on most transactions, whether online or offline, is the fact that you would need to pay in the currency of the country where you are buying the…Read More
In one of our earlier posts, we touched upon the upsurge in non-cash transactions across the world and how developing countries are driving the growth of online/digital payments. We looked at some hard numbers from Capgemini’s World Payments Report which justified the growth in non-cash transactions across the world. In this piece, we will look…Read More
The concept of marketplaces is not an unknown commodity in society, it has been existent since time immemorial and largely identified as a location where multiple merchants congregate to sell different types of goods and services to buyers. A mall is essentially a marketplace, as well. However, in recent times, the world of flea and open…Read More
Subscribe Now! You have implemented a subscription model for your online or offline platform. Well that action proves that you are ready to provide a service on a recurring basis. It gives you an opportunity to convert your customer base and make them captive. The advantage of having a long term captive customer base through…Read More
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