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ECOMMPAY

Payment Solutions to Grow Your Business

ECOMMPAY is a leading payment service provider and a direct bank card acquirer. We create tailor-made data-driven technologies for e-commerce clients to make online payments worldwide. ECOMMPAY ensures money movement in one click; our payment gateway facilitates an omnichannel payment process, combining acquiring capabilities, 100+ payment methods, mass payouts, and technological innovation within a single, seamless integration. Our clients enjoy reduced operational costs, reduced time to market in the case of business expansion, and the synergy between conversion and security.

ECOMMPAY Group companies offer payment services and direct acquiring internationally under the licences of the Financial Conduct Authority of the UK (FCA) – ECOMMPAY LIMITED, and the Central Bank of Cyprus – ECOMMBX LIMITED.

Articles

UK Consumers Need Better Education on BNPL and Crypto Payments

Buy now, pay later (BNPL) as a payment method has surged in popularity but one in four UK consumers need further education on BNPL schemes, research has revealed.

What Features Should Payment Providers for Websites Include?

Over the past few years, e-commerce has seen rapid growth, going from strength to strength. That's why it's so important to stay ahead of the curve when working in online retail when it comes to product development, SEO, advertising and online payments. If you're unsure how to choose a suitable payment provider for your online store or other business, this article will be of use to you. Read on to find out what features are crucial when choosing a payment provider service.

Buy Now, Pay Later is now regulated in the UK. What does the future hold for the payment method?

Buy Now, Pay Later is a rapidly growing trend in a number of market sectors, including retail, entertainment and travel. During the COVID-19 pandemic, use of the payment scheme increased fourfold in the UK, to the tune of £2.7 billion in transactions. In this article, I'll give a brief overview of how BNPL works and the industries where it’s most prevalent, before discussing the recent regulatory changes that have been enacted and what they mean for the future of this popular payment method.

ECOMMPAY launches new global payout product for businesses

International payment service provider and direct bank card acquirer, ECOMMPAY, has announced the launch of its global payout product which is a one-stop solution for any business dealing with international payments.

The Pros & Cons of Crypto Payments in The Private Aviation Industry

Despite the fact that cryptocurrency payments are soaring in popularity, the truth is that most regular people still don't understand how crypto and digital wallets work, or are wary about using the technology for making purchases — a fact that's reinforced by bank card payments still accounting for 80% of aviation service transactions.

Do customers care about Open Banking, or do they need more education?

Open Banking, which was properly introduced in 2018, has seen a slow adoption in the wider finance industry. Where payment methods like Buy Now Pay Later and digital wallets have swept through the market, open banking remains less widely understood or used – in fact, ECOMMPAY’s 2021 research found that only 14% of UK consumers completely understood it. Customers, however, are already using open banking without even realising that they are. This revelation comes as no surprise to those familiar with the technology, as it is so very efficient and easy to use. But the fact customers do not fully understand it, means some further education is still required.

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Is there life for online business after Brexit?

Beyond the Pandemic: Open Banking and Payment Behaviour Trends