Argenta Solutions Fintech

2022-11-03 16:27:41 Now you can add your Weststein card to Apple Pay.

Pay for your everyday purchases using your iPhone, iPad, Apple Watch or MacBook!
•A simple and safe payment method,
• Pay at contactless payment locations,
• Payments can also be made in apps and online.
Start now www.weststeincard.com Open / Comment

2022-10-31 13:55:21 Open / Comment

2022-10-27 13:10:51 Some interesting global trends to note:

Germans prefer #mobilepayments (43%), French like #cards (65%), Dutch prefer #banktransfers (41%) and are leading the #BNPL adoption (2.9%).
24% of transactions in Eastern Europe are cash-based, while Western Europe is heavily dependent on cards (45%) and bank transfers (25%).
32% of consumers in the United Kingdom rely on various wallets for payments. Open / Comment

2022-10-26 20:55:13 The European Commission today adopted a legislative proposal to make instant payments in euro, available to all citizens and businesses holding a bank account in the EU and in EEA countries.

The proposal aims to ensure that instant payments in euro are affordable, secure, and processed without hindrance across the EU.

Read more hear
https://www.neweurope.eu/article/payments-commission-proposes-to-accelerate-the-rollout-of-instant-payments-in-euro/ Open / Comment

2022-10-25 13:33:44 Some of the challenges DCC pose can be outlined as follows:

Certain service provider may charge a markup on top of the DCC transaction cost, which can end up being more expensive for the cardholder.

Like for like comparison may not be as straightforward. The cardholder may not know exactly how much more they are paying when accepting DCC unless they run a quick market rate comparison on the spot, with the exchange rate provided by the merchant vs their bank.

Sometimes the issuing bank will apply a foreign transaction fee even if the transaction is listed in the cardholder local account currency. Those fees can be levied as one-off at the end of the month, making it difficult to reconcile the true cost of a transaction for a cardholder.

On the merchant's side however, DCC is a great source of additional income, which can offset their processing fees as DCC transactions generate some of the highest margins for all parties involved [considering that acquiring can be seen as a commoditised service]. Namely for:

the payment service providers
the acquirer or DCC provider
the merchant . Open / Comment

2022-10-25 13:33:41 𝗗𝘆𝗻𝗮𝗺𝗶𝗰 𝗖𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗖𝗼𝗻𝘃𝗲𝗿𝘀𝗶𝗼𝗻 𝗯𝗮𝗰𝗸 𝗼𝗻 𝘁𝗵𝗲 𝗿𝗶𝘀𝗲 ?

Dynamic #Currency Conversion aka #dcc is a service provided to merchants, which offers the #cardholder the option of paying in their billing currency when making an overseas transaction with #retailers, restaurants etc.
For customers the benefits to opt for DCC are:

The fees are known upfront instead of waiting to see the total cost on their bank statement.

DCC is offered as on opt-in / opt-out option, therefore customers are given full transparency into the associated fees of a transaction. The consent of the cardholder must always be sought prior to processing a transaction.

The exchange rate is guaranteed at the time of purchase, with some DCC providers offering a guaranteed that if the cardholder could seek a refund if they can prove that their bank conversion rate was more competitive on the same day/type of purchase. Open / Comment

2022-10-24 14:44:47 The UAE plans to attract tech companies with golden visas and 10-year residency permits. Open / Comment

2022-10-19 12:37:12 Do you know sometime adding friction to #onboarding journey leads to lower drop off?


Everyone talks about frictionless onboarding but some research have shown it’s not always true. Eg an app dealing with house selection started asking preference during Onboarding which added friction but connected customer who started imagining what is their end goal like a 3 bedroom apartment or condo. They were able to reduce drop off by more than 10%. so the conclusion is that it’s not always about reducing friction but about what clicks for your product and 100% depends on #behavioralscience Open / Comment

2022-10-12 10:50:41 What is up for today?


Portugal plans to impose a tax on income from digital currency transactions — the rate is expected to be 28%.

Technology giant Google will allow some customers to pay for cloud services with cryptocurrencies through Coinbase.

The EU will create an automated platform for collecting information from Ethereum blockchain.

Mastercard and Visa will develop cryptocurrency transaction technology in partnership with cryptostartup MinePlex. MinePlex native token (PLEX) will be listed on various exchanges in the near future Open / Comment

2022-10-10 13:49:22 Perfect solution for pan-European and global payment processing. Equity capital – from EUR 20,000 to EUR 125,000.
Licensed Payment Institution or Payment Service Provider (PSP) is a perfect solution for financial service providers, FinTech companies processing corporate payments and money transfers of private individuals. Payment Institution is the most popular license providing payment solutions for internet shops and internet merchants all around the Europe. The European Union Payment Services Directive adopted in 2007 provides the legal background to the European single market for payments in all EU/EEA area and Single Euro Payment Area (SEPA).
Contact [email protected] Open / Comment