S11 | Bm2Pay https://www.bm2pay.com Unlimited Payments Solutions Tue, 22 Oct 2019 04:45:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.4 https://www.bm2pay.com/wp-content/uploads/2024/11/cropped-bm2pay-1-32x32.jpeg S11 | Bm2Pay https://www.bm2pay.com 32 32 SEPA https://www.bm2pay.com/2019/10/22/sepa/ https://www.bm2pay.com/2019/10/22/sepa/#respond Tue, 22 Oct 2019 04:00:16 +0000 https://www.bm2pay.com/?p=3692 The European Union (EU) created SEPA (Single Euro Payment Area) as a payments ecosystem which regulates how cashless payments are transacted between Euro countries. European consumers, businesses, and government agencies that make payments via direct debit, credit card or through credit transfers use the SEPA system. In the designated zone, businesses can carry out various transactions in Euros, regardless of their location.  READ MORE: YOUR GUIDE TO BASIC TERMS IN THE BANKING SECTOR  

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The European Union (EU) created SEPA (Single Euro Payment Area) as a payments ecosystem which regulates how cashless payments are transacted between Euro countries. European consumers, businesses, and government agencies that make payments via direct debit, credit card or through credit transfers use the SEPA system. In the designated zone, businesses can carry out various transactions in Euros, regardless of their location. 

READ MORE:

YOUR GUIDE TO BASIC TERMS IN THE BANKING SECTOR

 

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SWIFT CODE https://www.bm2pay.com/2019/10/22/swift-code/ https://www.bm2pay.com/2019/10/22/swift-code/#respond Tue, 22 Oct 2019 04:00:01 +0000 https://www.bm2pay.com/?p=3672 The SWIFT code of the Society for Worldwide Interbank Financial Telecommunication is an internationally-recognized identification code for various banks around the world. SWIFT codes are generally used for international wire transfers, and are comprised of 8 or 11 alphanumeric characters. If you plan to send money to an entity overseas, you will need to have the recipient’s SWIFT in order to perform the transfer.  READ MORE YOUR GUIDE TO BASIC TERMS IN THE BANKING SECTOR  

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The SWIFT code of the Society for Worldwide Interbank Financial Telecommunication is an internationally-recognized identification code for various banks around the world. SWIFT codes are generally used for international wire transfers, and are comprised of 8 or 11 alphanumeric characters. If you plan to send money to an entity overseas, you will need to have the recipient’s SWIFT in order to perform the transfer. 

READ MORE

YOUR GUIDE TO BASIC TERMS IN THE BANKING SECTOR

 

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SHOPPING CART ABANDONMENT https://www.bm2pay.com/2019/03/19/shopping-cart-abandonment/ https://www.bm2pay.com/2019/03/19/shopping-cart-abandonment/#respond Tue, 19 Mar 2019 23:33:02 +0000 https://www.bm2pay.com/?p=2674 Shopping cart abandonment refers to a website or mobile app visitors who add items to their online shopping cart, but exit without completing the purchase. In foreign markets, there may be various reasons for this phenomenon including unfamiliar payment methods, a long checkout form, and unexpected additional charges (such as local taxes). In order to prevent shopping cart abandonment, you must study each of your new markets carefully. Does the local population prefer credit cards, debit cards or alternative payment methods? If there are local taxes or fees, make sure to prominently display the fact so that there are no unpleasant “surprises” on the checkout page. READ MORE: A MERCHANT’S GUIDE TO PAYMENT OPTIMIZATION BEST PRACTICES FOR THE TRAVEL INDUSTRY    

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A MERCHANT’S GUIDE TO PAYMENT OPTIMIZATION BEST PRACTICES FOR THE TRAVEL INDUSTRY     The post SHOPPING CART ABANDONMENT first appeared on Bm2Pay.]]> https://www.bm2pay.com/2019/03/19/shopping-cart-abandonment/feed/ 0
SMART PAYMENT ROUTING https://www.bm2pay.com/2019/02/26/smart-payment-routing/ https://www.bm2pay.com/2019/02/26/smart-payment-routing/#respond Tue, 26 Feb 2019 20:35:03 +0000 https://www.bm2pay.com/?p=2506 One of the challenges of cross-border e-commerce is payment processing in foreign locations. While in your native market, your local payments processor may have provided excellent results, in other locations the same entity might be inefficient and costly. An advanced payment platform reroutes transactions in real time to the optimal local processors at each location, thereby lowering costs and increasing acceptances. Smart payment routing enables maximization of payment performances at every new market. READ MORE: BEST PRACTICES FOR THE TRAVEL INDUSTRY

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One of the challenges of cross-border e-commerce is payment processing in foreign locations. While in your native market, your local payments processor may have provided excellent results, in other locations the same entity might be inefficient and costly.

An advanced payment platform reroutes transactions in real time to the optimal local processors at each location, thereby lowering costs and increasing acceptances. Smart payment routing enables maximization of payment performances at every new market.

READ MORE:

BEST PRACTICES FOR THE TRAVEL INDUSTRY

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SMART DATA https://www.bm2pay.com/2019/02/26/smart-data/ https://www.bm2pay.com/2019/02/26/smart-data/#respond Tue, 26 Feb 2019 20:32:52 +0000 https://www.bm2pay.com/?p=2503 Smart data refers to information that your systems have gathered about your sales, customer shopping habits and payments. Ecommerce businesses that accept payments aggregate large amounts of data which can provide crucial insights into ways to improve customer experiences, consumer services and business strategy. Using this kind of data, you can personalize customer experiences by offering special discounts on favorite products or gift certificates on special occasions. You can also use data about existing markets to plan expansion, improve sales at existing locations, and build targeted marketing campaigns An end-to-end payment platform provides you with advanced tools to track payment processes, study customer purchasing habits and monitor performances.   READ MORE: PAYMENT PREDICTIONS FOR 2019 A MERCHANT’S GUIDE TO PAYMENT OPTIMIZATION  

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Smart data refers to information that your systems have gathered about your sales, customer shopping habits and payments. Ecommerce businesses that accept payments aggregate large amounts of data which can provide crucial insights into ways to improve customer experiences, consumer services and business strategy.

Using this kind of data, you can personalize customer experiences by offering special discounts on favorite products or gift certificates on special occasions. You can also use data about existing markets to plan expansion, improve sales at existing locations, and build targeted marketing campaigns

An end-to-end payment platform provides you with advanced tools to track payment processes, study customer purchasing habits and monitor performances.

 

READ MORE:

PAYMENT PREDICTIONS FOR 2019

A MERCHANT’S GUIDE TO PAYMENT OPTIMIZATION

 

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SEO OPTIMIZATION https://www.bm2pay.com/2019/02/26/seo-optimization/ https://www.bm2pay.com/2019/02/26/seo-optimization/#respond Tue, 26 Feb 2019 19:47:50 +0000 https://www.bm2pay.com/?p=2500 Search engine optimization (SEO) is the practice of increasing the quantity and quality of traffic to your website through organic search engine results. The most popular search engine used daily on the Internet is Google. Organic promotion enables users seeking your services to find your brand more easily. Effective organic promotion is achieved through key terms that connect your business to relevant search lists. It is important to keep up-to-date with your industry’s keywords and use them correctly.   In contrast to organic promotion (SEO), PPC enables you to reach the top of the search results quickly through a budget that you set for a certain word. The payment process is based on the number of times users click the ad.   READ MORE: WHAT SHOULD YOU LOOK FOR IN AN E-COMMERCE MARKETPLACE? 4 TAKEAWAYS FOR BLACK FRIDAY & CYBER MONDAY 2019  

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Search engine optimization (SEO) is the practice of increasing the quantity and quality of traffic to your website through organic search engine results. The most popular search engine used daily on the Internet is Google. Organic promotion enables users seeking your services to find your brand more easily. Effective organic promotion is achieved through key terms that connect your business to relevant search lists. It is important to keep up-to-date with your industry’s keywords and use them correctly.

 

In contrast to organic promotion (SEO), PPC enables you to reach the top of the search results quickly through a budget that you set for a certain word. The payment process is based on the number of times users click the ad.

 

READ MORE:

WHAT SHOULD YOU LOOK FOR IN AN E-COMMERCE MARKETPLACE?

4 TAKEAWAYS FOR BLACK FRIDAY & CYBER MONDAY 2019

 

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