Recent Articles
I received a PayPal payment and what I saw TERRIFIED ME BEYOND WORDS!!!!
Today was one of those regular work days for me, I had my morning coffee, checked my emails, and there it was.
Bitcoin website Mt. Gox vanishes from web: Tokyo offices empty, staff gone
Several months ago I wrote an article explaining that one of the top considerations in selecting an online payment system or online wallet is to make sure the company is a fully registered money remitter, ideally in a first-class banking regime country like Canada, the US or in Europe.
How to commit fraud on a large scale using PayPal and get away with it.
The following incident is presented here to highlight the shortcomings not only with the world’s largest online payment system, but also with the police and the general malaise that is all too common in this world we live in. The names of the people and businesses mentioned in this article have been changed to protect their privacy, but this really happened.
WARNING: Check Gateway of Phoenix Arizona is a deadbeat ACH processor
BEWARE: If you are looking for ACH payment processing services in the US, and are considering using the services of Phoenix, AZ based Check Gateway, watch this video, and then make your decision. In my personal experience, this company is downright dishonest and you should avoid all dealings with them.
Increased legitimacy for bitcoin payments
The time has come for me to eat my words regarding bitcoins. In earlier posts I voiced my concerns and reservations about bitcoins, but during the past several months, bitcoins have made significant inroads with increased media mentions and some new developments that can give users increased security, as I shall explain.
V.me by Visa is 10 years too late and gets an F for failure
From what seems like the past decade, the envious and lethargic credit card companies have been hinting that they would be entering the online payment space by providing their own service to compete with PayPal.
Credit card options for your website payments
Many of your customers will want to use their credit cards to pay for their online purchases, and as a new online merchant, you will have to decide which credit card payment method makes the most sense.
Balancing the fight for the passenger against airline ticket fraud
The airline industry has seen a significant market shift from focusing on the high yield business traveller in the 1990s, to the predominating low cost carrier business model of today.
Accept US eCheck payments at your own peril
If you are an online seller, beware. The US eCheck system is wrought with fraud, and as a ten year merchant veteran in the world of online payments, my strong advice to online sellers is to blanket reject all eCheck payments that originate in the US, to save yourself a lot of grief and irritation.