The new 2021 Chargeback Field Report, published by Chargebacks911, reveals that Covid-19 had a significant impact on the payments space. However, many of the trends observed were already underway years before the pandemic struck. There are opportunities for merchants—and other entities in the payments space—to improve procedures and eliminate risk. However, this will take a significant effort.
PayAlly, the fully integrated payments ecosystem for SMEs is using Banking Circle solutions to improve its multi-currency B2B cross border payments services. In particular, the new partnership gives PayAlly access to a wider choice of payment rails through the Banking Circle super-correspondent banking network, thereby improving the speed and cost of international payments for its e-commerce customers.
What is a refund? When it comes to open banking, it’s not as straightforward as you might think. In this quick guide we’ll explain what you can do to refund payments through open banking, why we don’t think that’s good enough, and what we’ve done to enable instant refunds.
Here at Transact365 this past week we hosted a CEO Roundtable in partnership with the Payments Association. Take a look at some of the highlights from the session here.
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