In the digital age, businesses are increasingly moving away from traditional payment methods such as checks and cash, and adopting electronic payment methods for B2B transactions. Electronic payments offer numerous advantages over traditional payment methods, making them an ideal choice for businesses looking to streamline their payment processes and improve cash flow. What are the benefits of electronic payments for B2B transactions? Faster payment processing Electronic payments are processed much faster than traditional payment methods. With electronic payments, the payment is transferred directly from the payer's bank account to the payee's account, eliminating the need for physical checks or cash. This significantly reduces payment processing time, allowing businesses to receive payments faster and improve cash flow. Increased convenience Electronic payments offer increased convenience for both the payer and the payee. With electronic payments, businesses can make and recei...
Credit card theft on a massive scale. Please do not store your customers credit cards have your provider do it for you. Here is a recent news item out the man who stole 40 million credit card records.
"After his first arrest he bought his freedom from the Secret Service by becoming a confidential informant. Later he was charged with stealing 40 million credit-card records, and his latest caper pushed that number up to 130 million. He's 28, has a high-school education, and his motto is "operation get rich or die tryin' ". And he's your worst nightmare. more..."
"After his first arrest he bought his freedom from the Secret Service by becoming a confidential informant. Later he was charged with stealing 40 million credit-card records, and his latest caper pushed that number up to 130 million. He's 28, has a high-school education, and his motto is "operation get rich or die tryin' ". And he's your worst nightmare. more..."
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