Protect your business from fraud, scams, and disputes. Learn the importance of security, and how to process your eCommerce compliances in this article.
Tags: Compliance, Data Theft, e-Commerce Security, Cybersecurity Compliance
How can businesses in eCommerce and Financial Technology adapt to the COVID-19 -led digital transformation? - If there is anything positive that the COVID-19 crisis brought us, it’s the lessons on how we’ve dealt with it individually, and as an organization. “Circumstances don't make the man, they only reveal him to himself,” an Epictetus line that rings true in these trying times.
Tags: COVID-19, e-Commerce, Digital Transformation
Discover Global Network, the payments brand of Discover Financial Services, has certified the acquiring status of AltPayNet as an Acquirer. This enables AltPayNet to provide their clients — payment companies, banking institutions and merchants the worldwide acceptance of Discover, Diners Club International, and affiliate network cards.
Tags: Diners and Discover, Discover Global Network, AltPayNet as an Acquirer
These requirements apply not just with payment service providers like AltPayNet, but also to their clients processing credit card data. The compliance levels vary per annual transaction volume. If you are a small organization with less than 20,000 credit card transactions per year, your business may fall under Level 4.
Tags: PCI DSS Level 1 Certified, Payment Card Industry Data Security Standard (PCI DSS), Security, Fraud Avoidance
Online fraud may not be a problem for startups processing only a few transactions each day. However, as your business grows and card transactions become the norm, ignoring the risks can turn into a terribly expensive mistake. In fact, according to Statista, US merchants suffered an estimated loss of 6.4 billion dollars in payment card fraud in 2018.
Tags: Online Fraud, Payment Gateway, Security
Data security in the Philippines is only growing stronger, thanks to the companies that hold it with utmost importance. One of the main drivers to this undertaking is the Republic Act No. 10844, which stipulates that the Department of Information and Communications Technology (DICT) must warrant the security of Critical Information Infrastructure (CII).
Tags: Cybersecurity Assessment Provider, Data Security, Department of Information and Communications Technology (DICT), Consumer Protection, Data Privacy, Cybersecurity Services and Solution
The number of digital buyers worldwide continues to rise. Competitive prices and high-quality products do attract shoppers and drive them to add items to their cart, but it’s only the start of the buyer’s journey. The final purchasing decision rests on the trust and the available payment options once they hit the checkout button. Money transfers should be easy and accessible.
Tags: Payment Guide, Payment Solutions, Startups, Digital Buyers, Payment Methods
The first week of its launch saw a new payment platform raking in huge transaction volume for a five-star hotel in Makati. The platform is called e-Snapped, created by online payment gateway and multi-solutions SaaS provider AltPayNet. A first of its kind in the country, it is an e-Invoicing that provides a simple and secure way to collect receivables online.
Tags: e-Snapped, Digital Invoicing, Payment Platform, e-Invoicing
We always come across the acronym HTTPS when browsing websites, and getting redirected for online payments. Now it’s time to get to know its role in the world wide web, and why it matters.
Tags: Hyper-Text Transfer Protocol Secure (HTTPS), Encrypted Connection, Secure Sockets Layer (SSL), Transport Layer Security (TLS)
Social media have us scrolling down our feeds and posting updates constantly. And it’s become a habit with not just one, but the many social media platforms we use daily. We give so much of our personal data in exchange for apps, discounts, free trials, and yes, even those fun quizzes. Mostly everything requires us to give away our personal information, in one way or another. Our smartphones have become an extension of our lives. We download so many apps for convenience — from monitoring our sleep, steps, distance, our messages, travels, and interests.
Tags: Data Privacy, Personal Data, General Data Protection Regulations (GDPR), Philippines Data Privacy Act (DPA)
Bitcoin is accepted globally, but there’s no need for exchange rates, bank fees, or dual-currency billing. It crosses boundaries and is less volatile than cash. It has since been likened to gold because unlike cash, there is no means of duplicating cryptocurrency. In fact, Bitcoin is now the most sought-after currency as its value increases everyday. It is scarce, not easily corruptible, secure, and immune to inflation.
Tags: Bitcoin, Invest, Cryptocurrency, Online Payments, Digital Currency
Like everything else, a business thrives in having a firm foundation. A foundation that’s made up of well thought-out decisions, paving way for cost-effective implementations, efficient business processes, and effective strategies. Laying these groundworks are crucial, as they can be the biggest money makers or deterrents for growth. And for online businesses, one big decision to start with is finding the right payment gateway. Luckily, there’s a lot of information online you can read up on. And to make it simple, we’ve come up with a comprehensive guide on how to choose the right payment gateway provider. These seven (7) points will help you find the right payments partner in no time.
Tags: Payment Gateway, Merchant Services, Online Payments
Given the rise of tech startups and businesses keeping up with the online world, a new concern has been going around boardrooms and meetings: “We need a Payment Gateway.” Out of these discussions, the fundamental question, “What exactly is a Payment Gateway, and why do we need one?” needs to be addressed.
Tags: Payment Gateway, Merchant Services, Online Payments
A company’s heart is its CEO. Leading startups is probably the hardest task and it is always shouldered by the founder. You start from scratch, and from the scratch, you’ll try to bring something out. ALTPAYNET is not an exception to that. With their fast-paced improvement, there are underlying facts that should be uncovered. Luckily, I was able to have the opportunity to do that. Now, let’s take a look at how Mr. Don Vacal, the CEO of ALTPAYNET gets by.
Tags: Chief Executive Officer (CEO), Founder, Management
Internship Programs offer hands-on opportunity for students to work on their chosen field or industry. It lets student interns to try-out working and handling roles and responsibilities and at the same time being mentored by industry experts...
Tags: Internship Programs, Opportunities, Training Ground
The e-Commerce industry is rapidly hitting its numbers and definitely moving fast. It is seen in the global growth in the online sales across the UK, US and around the world...
Tags: e-Commerce Challenges, Global Growth, Merchants
Starting a new company entails a lot of challenges which include primarily hiring the best, the ambitious and the most reliable team members. Having previously started a company, I have recruited the best and the mediocre...
Tags: Recruitment, Job Opportunity, Hiring Employees
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