Banking Trends for 2017

Banking trends for 2017 are following already significant changes from 2016 including the UK Brexit, the US election, and India‚Äôs demonetisation all giving a sense of anti-establishment rebellion. 2017 is expected to be a year of more disruption, and more change as banks accelerate plans, driven by new leadership focused …

Online Payment Systems

Online payment systems are electronic credit and debit transfers, allowing customers to make payments from their bank accounts for utilities, mortgage loans, and other bills, particularly for monthly- and subscription-based transactions. Online payment systems usually include a middleman that managers the transaction between buyer and seller. In return the middleman …

E-commerce Payment System

An e-commerce payment system is one that is used to accept paperless money transactions. The speed and simplicity with which e-commerce payment systems can be established and used have contributed to their widespread use. Here we look at different systems including the benefits and disadvantages. Credit cards Credit cards are …

Choosing Payment Methods

The method of collecting payment is important for managing business cash-flow effectively. Here we look at a range of payment methods with their specific characteristics. Cash This includes bank credit transfers where the customer instructs their bank to send funds to a recipient bank account on a single occasion. With …