Consider this. Subscription businesses have grown by more than 400% over the last nine years. This is about five to eight times faster than traditional businesses! Subscriptions can help you to boost revenue and deepen engagement with your customers. But, managing them can pose their own hurdles. Learn how you can get the best out of your subscription payments.
Cross-border commerce is on the rise. And this has given a call-to-arms for e-commerce players to automate B2B payments. The times are a-changing for B2B payments. The boom in e-commerce is driving a huge digital shift in the payments space. This has led more merchants to move away from traditional paper-based payment methods to more digital options.
E-commerce players are adopting newer and simpler ways to collect payments and engage shoppers. MOTO payments are one of them, and they can be a great payment tool for your business. But how can you make them work for you?
Card payments across Europe totalled over € 3.8 billion in 2020. And as contactless buying soars, virtual cards are coming into their own. While fraud continues to be the main reason behind a majority of the chargebacks, there has been a steady increase in the number of non-fraud-related cases as well.
Card payments across Europe totalled over € 3.8 billion in 2020. And as contactless buying soars, virtual cards are coming into their own.
Novalnet supports Caritas, a global aid organisation, in their flood disaster relief efforts in Germany with financial aid. This aid is meant for the relief work in federal states affected by intense floods in July 2021.
New anti-fraud regulation in Europe mandates that businesses adhere to SCA norms while processing online payments. But how does this affect you, and what should you know?
Businesses in Europe are facing greater risk from fraud. As newer forms of fraud emerge, merchants have to stay ahead of hackers else risk being disrupted. In fact, within the first few months of the crisis starting, global phishing attacks shot up by a whopping 667%.
The travel industry has been put through its paces in these pandemic times. But with new learnings, smart tech, and resilience it is possible to win hearts and a winning edge again.
Open Finance promises to change the way consumers and businesses in Europe use financial services. But what does it mean for you?
Customers do not like declined transactions. It is a waste of time and effort, not to mention the frustration and anxiety about possible fraud. And when this happens more than once, customers abandon their shopping carts, leading to lost sales. Hence, it should be every business’s priority to enable customers to complete their purchase on the very first try.
With Brexit a reality now, the business landscape across UK and EU is evolving fast. From revised VAT laws, customs duties, to cross-border checks and overall process changes, new rules are coming into play in cross-border commerce between the UK and EU.