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The latest news and information from PaidYET!

Be Aware of Risk When Accepting Credit Cards

Be Aware of Risk When Accepting Credit Cards

As a merchant, you might already be aware of your risk exposure when you accept credit card payments, and hopefully, you’re taking the necessary precautions to alleviate that risk. It can be helpful to understand the different kinds of risks that each entity in a...

Spot Fraud and Avoid Stolen Credit Cards

Spot Fraud and Avoid Stolen Credit Cards

If your business accepts credit cards, then there may be a time when you have a customer use a credit card that is not rightfully theirs. When customers commit fraud, then your business is exposed to the risk of chargebacks to recoup the lost funds for the customer...

What is a Chargeback?

What is a Chargeback?

What is a chargeback? When you use your credit card as a consumer, you know that you are protected by your bank and the card brand from the fraudulent use of your credit card. Knowing that you’re protected as a consumer can help you feel comfortable using your credit...

The Difference Between NFC and EMV?

The Difference Between NFC and EMV?

NFC and EMV both refer to relatively new terms in payments technology. These two have changed the landscape of accepting credit and debit cards for merchants and consumers. But what are they and what is the difference between the two? They have fundamentally changed...

Credit Card Signatures a Thing of the Past?

Credit Card Signatures a Thing of the Past?

A relic of a different time. Credit card signatures are now considered an antique way of proving one's identity, and now major credit card brands are also acknowledging this fact. Signing for a purchase has its roots in the first half of the twentieth century when...

Try Touchless Payment to Avoid Dirty Money

Try Touchless Payment to Avoid Dirty Money

Any germaphobe will tell you that the surfaces of bills and coins have always been gross. And handing your credit card to a cashier who has the sniffles and a hacking cough? Even in pre-pandemic times, also gross. Even in pre-pandemic times, also gross. If you’re...

Get comfortable with contactless payments.

Get comfortable with contactless payments.

Get comfortable with contactless payments. The COVID-19 pandemic has led to a huge shift in alternatives in point of sales. Many people are currently adjusting to our "new normal" and as a consequence wont have access to their usual ways of paying. Being educated on...

Brief Overview About Contactless Payments

Brief Overview About Contactless Payments

As contactless payments explode in necessity and popularity, here is your brief overview and everything what you need to know about contactless payments.  A recent survey shows that contactless card payments make up 20% of all card-based payments globally. Contactless...

Consumers prefer paying their bills digitally.

Consumers prefer paying their bills digitally.

Consumers prefer paying their bill digitally these days, such as a website and mobile apps to pay one-time bills. A recent study by ACI Worldwide surveyed more than 3,000 adult consumers and found nearly 70% of respondents saying they prefer digital payment options....

COVID-19 Pandemic Increases Shift to E-Commerce

COVID-19 Pandemic Increases Shift to E-Commerce

The COVID-19 pandemic has altered and created a “new normal” in our world. More and more consumers have begun shopping online in frequent and sizable numbers. As a result, the pandemic has shifted digital shopping from physical stores by approximately 5 years new data...

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