Sunil Jhamb Founder and CEO at WLPayments
Regarding online payments, customers are always looking for quick and convenient ways to pay for their purchases. After all, our daily interactions with technology have prompted us to expect a seamless experience with instantaneous availability and an easy-to-use interface in the realm of digital payments as well. This makes technological innovati...
09 August 2021 /payments /markets Innovation in Financial Services
Transitioning to 3DS2 entails many benefits when compared to 3DS1, such as frictionless flow, enhanced security, and improved mobile device compatibility. However, its implementation can be a cumbersome task, presenting numerous challenges. Therefore, it is important to be aware of such impediments and the solutions that can be adopted to address ...
29 July 2021 /security /payments Frictionless Payments
The payments system is no stranger to regulations, but PSD2 (Payment Services Directive 2) is given additional importance due to its impact and a new generation’s expectations. However, in this new digital era, PSD2 is the key to fighting online fraud while boosting innovation with new payment services. The major development of PSD2 is the intro...
21 October 2020 /payments /crypto Payments strategies 2015-2020-2030
The recent much publicised twitter hack is another example why for the CIOs and CTOs of banks and PSPs, fraud and security are ever-present concerns in the back of their mind. Protecting both their own organisations and their merchants from the threat of cybercrime is a truly business-critical challenge – and one in which the stakes are always ch...
24 July 2020 /payments The Payments Business
Purchasing items on social media is a growing international trend with huge potential. During the COVID-19 crisis, 42% of people in an international Global Web Index survey reported spending a greater amount of time on the likes of Facebook and Instagram. And with social distancing continuing for months, that trend is likely to continue. Accordin...
16 July 2020 /security /payments The future of Payments in Europe
A record 33% of UK purchases took place online in May, according to the Office for National Statistics. Yet with average conversion rates at less than 3%, firms are still missing out on billions of potential income. The likes of better, persuasive sales copy on websites can help firms profit more from the fast-rising interest in e-commerce in the p...
10 July 2020 /payments The Payments Business
The payments market opportunity Ecommerce is big business. Emarketer has predicted that global ecommerce sales will reach $5 trillion by 2021, following sustained annual growth rates of more than 20%. In turn, this flourishing market generates billions of dollars of fees for the payments companies that enable it. Little wonder, then, that an array...
17 June 2020 /payments /retail The Payments Business
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