Inside the Briefcase

Webcast: HOW TO SCALE A DATA LITERACY PROGRAM AT YOUR ORGANIZATION

Webcast: HOW TO SCALE A DATA LITERACY PROGRAM AT YOUR ORGANIZATION

Join data & analytics leaders from Starbucks, Cardinal Health,...

How EverQuote Democratized Data Through Self-Service Analytics

How EverQuote Democratized Data Through Self-Service Analytics

During our recent webinar on scaling self-service analytics, AtScale...

How Analytics Governance Empowers Self-Service BI

How Analytics Governance Empowers Self-Service BI

The benefit of implementing analytics policies at the semantic...

How To Create A Powerful SMS Marketing Strategy

How To Create A Powerful SMS Marketing Strategy

Many small businesses are looking for more ways to...

Emerging Frameworks & Technologies that Combat the Rising Threat of Cyber Attacks

Emerging Frameworks & Technologies that Combat the Rising Threat of Cyber Attacks

The creation of the first computer virus in 1971...

New, Secure Payment Methods Are Now Faster Than Ever

July 30, 2021 No Comments

Featured article by Genesis Gewan

In the field of finance, one particularly interesting part is the how-factor. How are payments made in the ever changing world? Traditional methods to transfer money are being – if not completely, at least partly – replaced with new ones. When it comes to the trends in 2021 and 2022, there are three main things that stand out: innovation, security and speed.

Fast Deposits and Withdrawals

In Northern Europe, especially in Sweden and Finland, fast payment methods for instance at online casinos have become crucial. The most popular online casino, or paras casino, as the Finns say, is offering its customers super fast deposits and withdrawals.

Deposits are being transferred instantly, and the same goes with withdrawals, at least in most of the cases. When traditional casinos are making their payments in two or three working days, modern fast casinos will transfer your money in a matter of minutes.

Here the payment method itself is not a new one, especially in the North, but on the other hand it being utilised in this fast manner at casinos is something pretty fresh.

Security The First Priority

Whenever you are shopping or making any types of purchases online, the main priority is that the payment is made in a secure connection. This is the first thing that you should look at, whether it is a traditional credit card or a modern mobile payment that you decide to use.

Companies are typically using multiple different securing systems and operations to make sure that everything happens in a secure connection. How can you tell this? First of all, they are using SSL on their webpage. This you are able to check easily by having a quick look at the top of your screen. If you see a little black lock in the beginning of the webpage address, you know that the connection is secured.

All reliable webstores, streaming services and online casinos are using this and a number of other methods to ensure that everything happens safely and without risking clients personal information or money.

Appreciating Innovation

New payment methods are very interesting, since in a lot of these there are new innovations being used. The developers are thinking outside the box and coming up with fascinating ways to make future payments run even faster and smoother. One of the greatest examples of this are the mobile apps designed to make payments easier.

E-wallets are another great example of innovation. You can forget about traditional banks and start using services such as Neteller or PayPal. In the beginning, the majority of these methods were not available for use in the physical world, but today most of them are offering a Visa or a MasterCard that you can attach to your e-wallet account.

Make Sure Your Customers Have Options

If you are planning on getting into business yourself, you need to consider different options for payments. What kinds of payment methods would your target audience preferably use? How many options should there be available for them?

The Path To Success: Mix Old and New

Whether you are a paying customer or the one offering products and services, it’s good to remember that the more options there are the happier everyone is in the long run. It might seem like too much work to get multiple payment options available, or to see that an online store and a casino are having many options, but in the end, this is the best possible solution. And remember, the main thing to make sure is that the method, whether it’s modern or a traditional one, is the key to success.

SECURITY

Sorry, the comment form is closed at this time.

ADVERTISEMENT

Gartner