PayKings Blog

What You Should Know About Real Time Payments (RTP)

What You Should Know About Real Time Payments (RTP)

March 15, 2023

Real Time Payments or RTP is a new technology that allows data and payment information to flow faster than ever. Fundamentally, the difference from a standard transaction is that Real Time Payments transfer money and messaging at the same time rather than separating the data. This increases efficiency by allowing automations to handle information transfers…. Read More

Canadian Cannabis Merchant Account

Canadian Cannabis Merchant Account

March 14, 2023

The hemp, CBD, and cannabis industry in Canada has been consistently booming. In fact, it’s growing so much that there’s a huge demand for these cannabis business owners to obtain a sustainable Canadian cannabis merchant account. But, there are dependable payment processing options for these Canadian merchants. Canadian Cannabis Payment Processor Finding the right Canadian… Read More

Why You Need a 3D Secure Payment Gateway

Why You Need a 3D Secure Payment Gateway

March 14, 2023

3D Secure payment gateway may seem like a tech buzzword, but it could help your ecommerce or card-not-present business decrease shopping cart abandonment. Here’s how. Data breaches are something that happens every day. From big corporations to small-scale online stores, cybercriminals are constantly infiltrating payment gateways to get free consumer data. Payment gateways contain sensitive… Read More

What Is a Rolling Reserve and How Does it Affect You?

What Is a Rolling Reserve and How Does it Affect You?

March 14, 2023

A rolling reserve is a strategy used by banks to shield themselves and the merchant from possible financial loss due to chargebacks from the customer. A portion of the funds are collected via credit card and secured by the bank from the merchant’s account to minimize the risk of potential chargebacks. The rolling reserve amount… Read More

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