And other updates


COVID-19 Led Digital Transformation in eCommerce

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.

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AltPayNet Now an Acquirer of Diners and Discover Cards

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.

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AltPayNet: A PCI DSS Level 1 Certified Service Provider

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.

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How Payment Gateways Protect Your Business from Fraudulent Transactions?

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.

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AltPayNet a Recognized Cybersecurity Assessment Provider Under the DICT

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).

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Online Payments Guide for Startups: No Integration Payment Methods

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.

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New Payment Platform Powers Five-Star Hotel

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.

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Why is HTTPS Important?

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.

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Data Privacy

Why Should We Care About Data Privacy?

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.

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bitcoin cover

How to Use Bitcoin for Online Payments?

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.

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