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Learn more into the world of payment technology and stay up to date with our company news

Banking
5 min

High-risk business

A business is considered high-risk if the following conditions are met: The company operates in an industry with a high chargeback rate; Any subscription business; Startups; Large volume transactions. Which industries belong to the high risk category? Gambling; Adult content; Dating; Tobacco products; CBD; Financial services; Tourism; Consulting firms; Software; Forex; Telemarketing.
Banking
5 min

Fraud prevention system

A fraud prevention system is a set of rules and techniques, the main purpose of which is to identify fraudulent transactions and their subsequent blocking. Paymentop provides merchants with the integration of payment gateways with reliable fraud prevention systems that include various systems for detecting and neutralizing suspicious transactions. Thanks to the flexibility of our […]
Banking
5 min

Electronic Point-of-Sale (EPOS) System

Electronic payment system is an integrated system consisting of a cash register and software. It allows you to count all transactions, issue checks, control the availability of goods (with notification if the goods are running out). In addition, the system analyzes purchases and generates reports on the basis of which further business development is formed. […]
Banking
5 min

Electronic Funds Transfer

Electronic funds transfer (direct deposit) means the movement of funds between bank accounts. Due to its simplicity and affordability, electronic funds transfer is one of the most popular online payment methods. Unlike checks, bank transfers are much faster and safer. How does an electronic fund transfer work? There are two parties involved in a transaction: […]
Banking
5 min

Dynamic 3D Secure

Dynamic 3D Secure is more than just traditional online transaction security. Thanks to this technology, the merchant is able to independently determine for which transactions it is necessary to apply 3D Secure payments. Dynamic 3D Secure technology is available for connection to all Paymentop customers.
Banking
5 min

Clearing

Clearing is a procedure for financial transactions that involve the timely transfer of funds from one transaction participant to another. Clearing companies often act as intermediaries and match all orders for the purchase and sale of goods or services. The clearing process involves checking the availability of the appropriate funds, registering a money transfer, or […]
Banking
5 min

Chargeback

Chargeback refers to a dispute arising when the cardholder contacts the bank with a request to cancel the transaction. The right to object to a payment should improve the security of online transactions, but it also comes with significant inconvenience to business. When a user initiates a chargeback, the bank will withhold the claimed amount […]
Banking
5 min

Business-to-customer (B2C)

Business to Consumer (B2C) is a type of commercial activity where companies provide goods directly to consumers. An example of a business for consumers can be selling clothes in an online store, event organizing services, real estate offices. Some companies operate in both B2B and B2C areas. For example, an event organization may offer wedding […]