In July 2020, Bankful, a licensed third-party payment provider, announced that it can now be integrated with Wix, the popular cloud-based web development company. This alliance will prove to be highly beneficial for merchants as they will be able to not only create stunning, customizable websites, but also collect payments…
According to the Financial Times, transaction laundering has grown to $200 billion in the United States. This sum is expected to experience explosive growth over the next few years. Transaction laundering is the “criminal” use of a lawful merchant payment infrastructure to process illegal transactions. The verification of a user’s…
A Customer Relationship Management system or CRM is a technology that is used to take care of all your business’s interactions with customers as well as potential customers. It helps companies maintain a connection with its customers, all the while simplifying processes, and enhancing profitability. The ultimate goal of the…