Argenta Solutions Fintech

2022-10-08 17:33:06 The Refund: Built from the original payment, the refund does not require the intervention of the customer when his card has not expired, or has not been blocked in the meantime. In addition, it slips through the enamels of the anti-money laundering net since it is attached to an initial transaction made by the bearer himself... The refund is not instantaneous as the funds are in the customer's account a few days after it was issued. Open / Comment

2022-10-07 16:39:18 Visa is partnering with FTX to launch a debit cryptocurrency card in 40 countries, focusing on Latin America, Asia and Europe. Open / Comment

2022-10-05 12:25:28 Mastercard will launch a new product called Crypto Secure, which will help banks assess the risk of crypto-transaction crimes. Open / Comment

2022-10-03 14:48:00 The mandate for contactless card and #POS terminal only came into effect in 2018 through the second European Directives. The pandemic of course also clearly accelerated the implementation and the #consumers adoption of these transactions .

There are 2 types of contactless transactions, defined as:
Low-value, i.e. can be processed within a set limit
High value, i.e. can be processed above set limits

A contactless payment limit is the maximum amount a customer can pay for a contactless transaction before being prompted for further verification. These limits are in place to help protect consumers from #fraud.

Around the world, those limits vary. Each country sets its own threshold or leaves it up to the issuing or acquiring bank to determine. Open / Comment

2022-09-29 12:51:00 Your Own Unique UK Account Number and Sort Code
Make payments online or pay in cash, manage your account as you would do with your main bank account.
Open your £ account now!
Check out here
https://weststein.co.uk/ Open / Comment

2022-09-27 18:19:40 Instant Virtual Free Debit Card From WestStein
Visit www.weststeincard.com and enjoy all the benefits it offers
Registration takes only 5 minutes You will be able to top-up and use your account immediately Open / Comment

2022-09-25 15:07:18 How does Apple Pay and Google Pay work? Open / Comment

2022-09-21 14:01:44 Virtual Travel Cards, the double sided-payments flow explained

#Virtualcards are changing the financial landscape by introducing a new dynamic for everyone involved in the payment transaction. Commonly referred as #VC or #VCN [for virtual card numbers], they are identical to the fabric of a #physicalcard but just exist digitally. Open / Comment

2022-09-19 12:27:26 For banks there are a few good reasons why to get involved:

— If the metaverse indeed proves to be the next big thing, then the first-mover advantage will make a difference in a business landscape that will see a complete restructuring of the value chain

— Having lost in recent years the #innovation game from #fintech startups, the metaverse presents a new opportunity to recover lost ground. One that they cannot afford getting wrong for a second time

— If people’s entire financial lives have moved not only online but also mobile, metaverse provides access to a next-gen digital world with the additional premise of addressing financial services’ new competitive frontier: mass personalization

— For some players metaverse can be their best bet to create (digital) ecosystems, which will undoubtedly be the business model of the future

Despite all these however, one cannot ignore the fact that metaverse today does not go far beyond some popular video games played with VR headsets. Open / Comment

2022-09-15 09:42:32 Payments APIs are commonly used to:
Provide a frictionless checkout experience, capable of offering a range of payment options,
Reach customers in new markets without having to forge banking relationships in each territory,
Prevent data entry errors by connecting directly to other APIs in the payment ecosystem,
Enable instant settlement, reducing transaction risk for the merchant while improving cash flow,
Reduce the risk of fraud and improve security with payment authentication features and built in compliance checks,
Access real-time data on the status of transactions and other payment information,
Simplify regulatory compliance such as PCI, AML and KYC. Open / Comment