Discover the inner workings of ISO 8583, the global standard for credit card transaction messaging. Learn how it powers payment processing across networks and explore its structure, fields, and real-world applications.
payments
By Mdu Sibisi One of the biggest challenges for modern e-commerce and fintech developers is building...
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By Anna Smith, freelance writer.Pursuing global markets can be a thrilling and significant step for your business. However, it’d be best to establish a secure and proficient means for accepting payments internationally. The best worldwide payment method for your eCommerce will differ depending on the location or country of your customers.
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One of the big subjects of discussion in the banking industry earlier this year was the publication of the Millennial Disruption Index, stating that millennials view banks as irrelevant and placing traditional retail banking at the highest risk of disruption compared to other B2C industries. Accenture's Banking 2020 report confirms this and draws a parallel to the challenges the telecom industry faced 20 years ago and states that non-banks will take a third of incumbent banks revenues by 2020.
Ninety percent of Americans have used a credit card, but far fewer understand the underlying systems enabling their payments. So let’s dive…