What’s your first thought when you hear “3-D Secure”? Well, unfortunately, I have to disappoint you – it has nothing in common with three-dimensional world. 3-D Secure adds another security layer to online payments.
This authentication method is based on a three domain model (that’s why it’s called 3-D). These three domains are:
- acquirer domain (the merchant and the bank which gets money)
- issuer domain (the bank which issued the card)
- interoperability domain (the service provided by the credit card company, Visa, MasterCard, etc.)
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Have you ever met any unfair e-commerce practices? For example, you’ve ordered a product in an e-shop and after the checkout and confirming the purchase, you saw a higher price than the one on the product’s page? Or maybe you were waiting too long for the delivery without any information from the online vendor? Or maybe you’ve seen web stores, where no privacy policy or contact information was published, and you didn’t feel you could trust them enough to buy something?
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If a company is old, it doesn’t necessarily mean it’s antiquated or out of date in any way. But it also doesn’t have to indicate its credibility. Actually, the age itself doesn’t present any value at all. However, we can suspect one thing – if a certain company managed to survive for a long time, it may mean that they’ve actually been doing something the right way.
Of course I’m not going to tell you how you can make your business last for centuries – I’d have to be a prophet or a charlatan to do this. Besides, who’s really interested in all those centuries? All we may expect is to make our business work well for us and to leave it in good condition for our children. We don’t care what will happen 5 or 10 generations later. We’ll be already gone, buried and forgotten (sorry for saying it so directly, but that’s just the truth).
Anyway, instead of advising, I’d like to do some analyzing. Let’s get a closer look on some examples of those businesses that are really, really old.
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Here’s a link to a visualization of the United States debt.
It’s showed step by step in $100 bills, you just follow the numbers and… well, you can surely check whether your idea of “how much is one trillion dollars” was correct. But it doesn’t stop there.
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http://www.youtube.com/watch?v=vOKZYk9pnBI
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Here’s a succinct, yet quite important news from PayLane. We now have a dedicated offer specially for our clients in United Kingdom. You can check out our pricing in GBP or simply contact us and/or apply to learn more directly from our customer support. Oh, and you can also use the paylane.co.uk website address.
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The NFC, is the hottest technology… since the previous hot technology. It was developed to help people to communicate and share information on very (very!) small range. But is it just yet another information sharing technology? Well, yeah, but it’s not the technology itself that counts in this case, but all the companies standing behind it.
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That’s right, we have a new employee! He’s just beginning, but we’re really excited. You’ll be seeing him here and there, as he’s going to represent PayLane on the Internet and support our marketing team.
Besides, check out his haircut. Stylized to fit our blog’s logo! You can see he really wanted the job and is devoted ;) Actually Mr. Banks is really enthusiastic and a positive fellow. Furthermore, if you like to meet Mr. Banks and talk to him, you can find him on Facebook. Despite being a fictional character, he’s very social and likes to get and share information.
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Acquirer (also known as an acquiring bank or merchant bank). A financial institution and a member of a card association licensed with credit card companies. Best known card associations are Visa, MasterCard, American Express, JCB, Diners Club, China UnionPay.
Acquirer is a bank that accepts or acquires performed transactions with a use of credit and debit cards issued by all banks within the card association scheme.
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