In the dynamic world of payments, a new star has emerged in recent years: Buy Now Pay Later (BNPL), i.e. short-term financing that allows you to buy now and pay later. This model allows businesses to purchase goods or services and pay for them in installments, often interest-free, making it an attractive alternative to credit […]
Ecommerce has continued to grow steadily in Spain, except during the pandemic, which has already been overcome in terms of online shopping. Ecommerce has been making inroads among the Spanish for over two decades. In 2000, it was a marginal and niche activity. Now it is almost universal. Almost all Spaniards with internet access shop online […]
QR code payment is an alternative form of mobile payment that requires no card chip or NFC technology: just a camera and an internet connection Payments with a QR code are increasingly popular among younger consumers and tourists, as well as one of the most demanded forms of payment, especially by Chinese visitors to Spain. […]
Real-time payments have become one of the most noteworthy innovations in the financial industry. Their growth in recent years has been significant thanks to the possibilities they offer companies, especially in customer relations.
Confirmation of funds is a service regulated by the PSD2 Directive intended to find out whether a certain customer has enough funds in their bank account when making a charge using their credit card.
A new edition of the Secure Payments & ID Congress was held on November 17, an event dedicated to analyzing the current state of collection and payment services, authentication and identification processes, and fraud security and prevention.
A few years ago, Bank of Mexico implemented the SPEI payment system and the CIE agreements to facilitate bank transactions between individuals and to provide commercial operations with more information. We how they work here.
Taking a customer through the entire buying process until it is formalized is an arduous journey and one that faces the constant possibility of the customer leaving. However, there are ways to make the buying decision happen if you are given facilities such as agile, secure financing.
The mass use of smartphones and other mobile devices, coupled with the outstanding growth of e-commerce, has displaced cash as the preferred means of payment (increasingly more residual). The figures speak for themselves. In Spain, the use of mobile payment apps grew by 30% in the second quarter of 2019, according to the Estudio General […]
Algunos estados han dado moratorias consideradas excesivas por los demás, mientras que las fintech se quejan de la lentitud de una parte de la banca tradicional en el desarrollo de funcionalidades clave de la directiva europea de servicios de pago, como el sistema de acceso a los datos de los clientes.
