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Benefits of accepting mobile payments via eWallet

Our payment method saw transformations as we started living more connected. By now, most retail business owners are familiar with the alternative ways credit card companies, banks and third-party financial institutions like PayPal let consumers manage their money and make purchases in stores and online. Technology like Near Field Communications (NFC) is now commonplace in most POS systems and devices, which is part of the reason digital wallets found on a person’s smartphone are increasing in use and popularity. A digital wallet essentially stores a consumer’s bank account and/or credit card information on that person’s smartphone, where they can access it to make in-store purchases using their phone. The digital wallet saves a person from having to search through their wallet for the right card, instead of letting them easily select their preferred method of payment right from their phone, which communicates directly with a store’s POS system to complete the purchase. According to i
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White Label mPOS Solutions 2020

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  Retailers are increasingly turning Mobile Point of Sale (mPOS) devices to secure payment because of the convenience, cost effectiveness and flexibility they offer. In fact, the mPOS market is reportedly growing faster than the traditional POS industry and, according to some estimates, could comprise some 25% of the overall market within the next three years. mPOS devices that either connected to mobile devices by wifi, including smartphones and tablets, that smaller retailers and other businesses that want to take advantage of the portable nature of these payment devices are eagerly embracing. Retailers can use their mPOS devices to process credit and debit card transactions, and, increasingly contactless, near field communication (NFC) and digital wallets are being accommodated  as a methods of payment. mPOS payment providers have also extended their functionalities into invoicing, inventory management and loyalty programmes. What are the benefits of mPOS payment devices? mP
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R Pay Wallet - QR code Technology

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QR code A QR code (quick response code) is a type of 2D bar code that is used to provide easy access to information through a smart phone. In this process, known as mobile tagging, the smart phone's owner points the phone at a QR code and opens a barcode reader app which works in conjunction with the phone's camera. Where QR Code can be used? QR codes can be used for anything and everything. They are also beneficial for both customers and businesses. ·          Events/ Airline tickets ·          Mobile coupons/Loyalty cards ·          Mobile Payments etc Static QR code Static QR Codes are QR Codes that can't be changed once they are made. These are, for instance, email and content Codes, which don't accumulate any tracking measurements. What is a Dynamic QR Code? While Static QR Codes contain fixed data, Dynamic QR Codes have the likelihood to be altered after fruition. Both the kind of QR Code and the substance are editable the same numb
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Online Payment Solution – R Pay Wallet

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Why do online payments fail? When you're starting a payment on the web, there are numerous components that go into causing the payment conceivable and a solitary glitch in any of these substances to can prompt an online transaction coming up short. This, obviously, can be very baffling, taking into account that there is a huge measure of trust that goes into putting your bank subtleties online to start an exchange. Frequently, shoppers and organizations accept that the payment gateway is to blame, and this can prompt them choosing other payment doors to lead their transactions. Be that as it may, rather than picking lesser-known portals that may not offer a similar degree of security as a portion of the main ones, you should comprehend why the transaction is flopping in any case. The information relating to a solitary transaction experiences a progression of loops before it arrives at its last goal. These loops fluctuate from passage to entryway as each one has its ow
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Digital payment trends for 2020

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Digitization of payments was a huge jump towards the goal to achieve an easy, convenient, fast, and secure payment method. Arguably, we have achieved all of it. Digital payment  methods saw massive developments in the span of four to five years and we are about to see even more changes in the coming future. In such times, it’s really exciting to see what 2020 has in store for us. In this article, we will closely look at all those digital payment trends that will make it big in the year 2020 . Biometric authentication Biometric authentication is a trend that you’ll see quickly emerging in the year 2020. Biometric authentication is a verification method which involves biological and structural characteristics of a person. These verification methods include fingerprinting scanners, facial recognition, iris recognition, heartbeat analysis, and vein mapping. With the rise in the problems of identity theft and fraud, biometric authentication can become a reliable and secure opti
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Payment link- Collect payments anytime, anywhere

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Regardless of whether you're selling on the web or not, more than likely you've put a ton of vitality into coming to the heart of the matter of payment. So really tolerating those payments ought to be simple, isn't that so? Totally! That is the reason, in specific cases, a payment connection can be precious—like when you don't approach a card swipe gadget or you need to gather B2B payments electronically. In these cases (and others), payment joins are an incredible choice for preparing exchanges rapidly and effectively. So how would they work? We should investigate. What is a payment link? A payment link is a way to request payment from customers who are paying for your goods or services outside of a traditional online store purchase. It’s essentially a “Pay Now” or “Pay Invoice” button sent to customers via email. Once those customers click the payment button they’re taken to a payment page showing the amount due. They can securely fill in billing and
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Digital Payment Solution – Payment Link

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Regardless of whether you're selling on the web or not, more than likely you've put a ton of vitality into coming to the heart of the matter of payment. So really tolerating those payments ought to be simple, isn't that so? Totally! That is the reason, in specific cases, a payment connection can be precious—like when you don't approach a card swipe gadget or you need to gather B2B payments electronically. In these cases (and others), payment joins are an incredible choice for preparing exchanges rapidly and effectively. So how would they work? We should investigate. What is a payment link? A payment link is a way to request payment from customers who are paying for your goods or services outside of a traditional online store purchase. It’s essentially a “Pay Now” or “Pay Invoice” button sent to customers via email. Once those customers click the payment button they’re taken to a payment page showing the amount due. They can securely fill in billing and
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