In today’s modern payments space and Open Banking era, businesses need to ensure that they remain compliant with new payment services regulations. The new Directive on payment services (PSD2) was introduced to standardise communication between banks and third-party service providers (PISPs and AISP) while harmonising and bolstering the authentication process.
Topics: Payment Validation, Validate API, API integration, payment validation API, Compliance, Payment services regulations, PSD2, Validate Data Manager
The payment or transaction page is the most important interaction many businesses can have with their customers. It might be their only interaction, but it might also be the start of a long relationship, and this can depend on how easy and secure the payment process is.
Topics: Payment Validation, Payment Processing, Payment System
Each failed payment processed through a business could cost £50 in charges, time spent fixing the error, resending costs, and exchange rate fluctuations. When looking for a solution, it’s important to make sure the data gathered and checked is as comprehensive and up to date as it can be to avoid any errors.
In total, Validate has saved over £125 million in operational costs for our clients and they’ve never lost a payment.
Topics: Payment Validation, Payment Processing
We can validate BIC's for over 220 countries In addition in over 170 countries we can validate domestic and International payment details and suggest changes to help you and your customers stay up to date and compliant with the evolving world of payment legislation and rules.
Most of all we continue to add more countries to our Validate solution to present you with the de-facto standard in payment validation.
