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Payovation Launches as Global Credit Crisis Affects Merchant Account Approvals.
23 hours ago ago from Free Press Release
A natural response by domestic banks around the world to the credit crisis has been to dramatically tighten underwriting criteria. This has meant that many merchants, who would have been traditionally approved for an internet merchant account, are now struggling to gain approval. Such a risk assessment is performed because granting credit card processing capability is comparable to providing a loan, or at least a short term line of credit. It ...
Related contentHow Trustworthy Are E-Commerce Payments?
23 hours ago ago from Tamasindo Secret & Technology
Today, businesses depend on electronic transactions and payment processing as their method of receiving payments for their products and services. This is especially true for e-commerce. One of the main concerns online consumers have when making a purchase is the security in which their payment information is processed. Fortunately, technology has improved to ensure a trustworthy e-commerce payment when purchasing goods and services online. ...
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