Techno FAQ

Miscellaneous

The 12 Pre-Requisites of PCI DSS Compliance

PCI DSS (payment card industry data security standard) are worldwide recognized standards and criteria for the businesses, organizations, and firms operating online and handling users’ data. Now a day every business is an online business. Handling online sales means payment card (debit or credit) holders’ data is needed to be processed as they check out. […]

Apps Finance Mobile devices Money

Mobile: The Success Of Digital Wallets

Digital wallets could benefit from the crisis. Beyond the simple dematerialization of the loyalty card, they open the field of possibilities for marketing. Here is a non-exhaustive presentation of the main players in the sector and their specificities. (1/2) “With the health crisis, our customers have broadened their use of the wallet, which is no […]

Business Finance Money Uncategorized

The Evolution of Frictionless Payments

Frictionless payments are essential for ecommerce platforms to reduce the barriers between online shopping and completed checkouts. The buying process needs to be easier for both the customer and the seller, as an enjoyable user experience leads to higher conversion rates and fewer abandoned shopping carts. Effective frictionless payments are essential for both large and […]

Business

Enhance The Workflow with Secured Payments via Blockchain technology

Bitcoin has become one of the most popular currencies in today’s world. More and more people are leaning towards transactions that are in the virtual world and while there are various other means of transactions, bitcoin happens to be the safest. The method to which Bitcoin is transacted is blockchain. While some people are still […]

Miscellaneous

How Migration to EMV Technology Affects Your Business

Most business owners would have already heard about the EMV shift way before it was implemented in 2015. The latest standard for credit and debit card payment transactions affects both customers and business owners, and helps to determine who should be liable in cases of fraud using debit or credit cards. If your business hasn’t […]

Mobile devices

Payment Collecting Method Of Mobile App

Modern world has  turned the globe into a digital village. Networking and communication with mobile and web application have become the obvious modes of interaction. Rather than tangible products, innovative applications are recognized by consumers for promotions and marketing. Excessive use of social media has allowed to approach the mass at one place, this ease […]

Mobile devices

Seamless mobile payments on Android

Debit Cards, credit cards, cash, coins or notes- forget searching through your wallet whenever you are shopping in a store. Imagine, how convenient it would be if you could pay with just a tap on your phone? To add to the number of efficient mobile payment services, Google has introduced its latest, simple and secure […]

Miscellaneous

Big Things Have Small Beginnings

Imagine a future where you pay all your bills without standing in cues, a future where your presence is your bank id and checkout for your purchase is done as you pass by the counter. You don’t need to be a rock-star to receive such VIP protocol for it is available to everyone owning a […]

Miscellaneous

Financial Inclusion – No Longer an Exception!

The world is getting smaller and financial inclusion is steadily becoming a rule, not an exception. Sample this-according to The little Data Book on Financial Inclusion 2015 (TDB) released by the World Bank’s Development Research Group, 62 per cent of adults across the world now have an account at a financial institution or through a mobile device, […]

Mobile devices

How to Pay Your Bus Fare With a Tap of Your Phone

Gone are the days when you were required to carry cash around to make your payments as the new generation of mobile payments apps have made it possible to pay even the bus fare with tap of your phone. Cashless payments have already replaced traditional payment methods for the footloose generation of online buyers mostly […]

Internet Mobile devices

Mobile payments call for legal framework

Mobile payments are termed as the payments that are transmitted by access devices and are connected to mobile communication networks. In this, money basically originates from two major sources, including customer funds which are present at banks in the form of deposit account or customer stored value funds maintained by mobile network operators. Online payments […]