Online shopping and its development is a hot topic– whether it’s about safety, business types or pros and cons in comparison to a ‘regular shop’. In the meantime, online payments, a matter equally important, is put on a back burner.

Payment processors are not in charge only of efficient mediacy and safety of our transfers– the choice of such providers should depend also on the type, size and outlook of your business. It might be worth then to get to know each provider to make sure your decision is a good one.

Barely 20 years ago our wallets were full of notes and coins. Now everyone has at least 4 debit, credit or prepaid cards. And some spare change for a car parks. Ever wondered what they’ll look like in 2030? Will notes cease to exist? Will we need wallets at all or will we pay using mobile phones only? Take a look at this interesting infographic made by VoucherCodes.co.uk.

One by one we’re adding new payment options to PayLane services. Now our offer has expanded with sofortbanking — one of the most popular payment methods in Germany.

Have you ever been asked for an ID scan or any other identity proof when making a payment with a credit card online? If not, then this question may seem quite strange to you. After all, paying with credit cards is meant to be quick and easy.

It turns out that many people who experience such additional verification are pretty surprised and suspicious. It’s not what they’re used to, they already provided the CVV number, so why are they supposed to send somebody (even if its a bank) their account statements, passports, driving licences or anything like that.

CVV codes described in the previous part aren’t the only way to make your transactions secure. There are forms of security, which are based on the payer’s localization. However, you may also come across simpler solutions, where only entered data is verified.

An example of that could be AVS — its mechanism compares your address info given in the shopping order with details of the card holder. Depending on the degree and type of eventual errors, AVS returns an appropriate error code, which are the base of estimating the probability of a fraud. Contrary to appearances, it is not inconvenient to clients — the system can tell the difference between a real scam and a situation when a buyer made a spelling mistake.

If you are an online payments newbie, no doubt you’re getting lost in all the new expressions, phrases and definitions. That’s why we come to your rescue with this 3-part introduction to payments safety. Today, we set off with CVV2.

Would you believe it, if we told you that the first credit card was issued in the…1950s? Or that already in the 20s, department stores offered debit cards to their clients?

Have a look at this great infographic made by CreditDonkey.com to find out more fun facts about payments in the past.

For more such gems, make sure to book our Pinterest page. And if you want to pin one of our blog entries onto Pinterest, just click on the Pin It button on the left side of each page.

Whenever we read any news about mobile payments, it seems like it’s always about the same things: smart phones, NFC, Square, Google Wallet and so on. If you have a similar impression, then here’s something refreshing: Moneta — a payment scheme that doesn’t require NFC, attaching anything to your cell phone or installing any apps. Actually, you don’t even need a smart phone — any cell phone will do just fine!

So how does it work? What’s the technology behind Moneta? It’s actually as simple as a phone call. And I mean it literally — data is transmitted over a voice connection!

Recently, the owners of the Chase Sapphire Credit Cards (signed by Visa) might have been surprised, finding their new card looking slightly different than they were used to. The 16-digit number, the expiration date and Visa logo were moved to the other side, leaving just the name of the cardholder and the bank on the front.

Redesign is not an easy thing to do. If done carelessly, it may prove hazardous. One may recollect a recent redesign of the Pepsi logo – not received well by the general public. Some concepts and designs are so deeply rooted in people’s minds that even a slight change seems odd and takes quite a long time to get used to. The truth is that there should be a really good reason behind the redesign. It can be done to refresh the brand or to appeal to new markets. It may be done to differentiate oneself from the competition, to enhance usability… Or to stress a unique feature of a new product.