If you are like most entrepreneurs, you’ve frequently encountered situations when a customer wants to buy one of your products or services, but they are unable to do so because of a shortage of cash.

At Inovio, there is nothing we place greater importance on than the health and safety of our employees, merchants, vendors, and partners. To that end, please know that we are continuing to closely monitor the ongoing COVID-19 (coronavirus) situation.

The U.S. Food and Drug Administration (FDA) considers the sale and marketing of products that claim to prevent, treat, mitigate, diagnose or cure coronavirus disease 2019 (COVID-19) to be a threat to public health. The FDA and Federal Trade Commission (FTC) are actively monitoring for what it views as fraudulent COVID-19 prevention and treatment claims.

Online payment processing is convenient for both customers and vendors. However, it leaves both vulnerable to the very real possibility of a data breach, identity theft, and other types of fraud. In order to minimize the damage caused by these threats, the Payment Services Directive (PSD2) has been revised.

While there is no doubt that complying with the updated 3D Secure standards is a positive game-changer for buyers and sellers alike, doing so can still be a challenge for businesses. Fortunately, all of our systems are fully updated, and our expert team of knowledgeable staff is ready to give you any information and training you need.

More and more retailers are making the decision to sell their wares to customers in other countries. That leads to the need to do business using a variety of types of money. Before you take this major step, you should learn the facts about international payment processing.

These days, merchants want more from their payment systems. They’re looking for faster, better, and more flexible ways for their customers to pay and their demands are driving changes in payment technology. Keep an eye on these five trends as you prepare your business for 2020.

In order to ensure that merchants, card service providers, banks and customers remain protected, it is vital to set forth a strong and dynamic set of standards and regulations. While they have been in place for several years in the form of the Payment Services Directive (PSD), it is only recently that these protocols have been updated and refined into what is known as the PSD2.

Whether your business is based online or you operate an ecommerce store as an extension of your physical location, a payment gateway is necessary to authorize payments and send the information on to your payment processor. Use these questions to guide you to the right solution for virtual payment processing.

Most likely, you appreciate the ease and convenience of recurring payments in your own daily life. Isn’t it time to afford the same flexibility to your valued customers? Get paid again and again — start accepting recurring customer credit card payments today!