Kostiantyn Prymak

Chargebacks have turned into a strategic risk, threatening revenue, undermining customer trust, and leading to business scalability in sectors. What was once a back-office problem now is a problem of profitability, pricing strategy, operational efficiency, and long-term competitiveness. And yet,...

Kostiantyn Prymak

Speed, security, and user experience are must-have to keep business ongoing.  Currently many businesses face pressure to get payments seamless and keep consumer information secure. To do so, there is a technology that's quickly becoming vital: network tokenisation. According to...

Kostiantyn Prymak

As we move into 2025, the pressure on business to be fast, precise, and innovative has never been greater. Companies are operating a multi-dimensional environment, defined by speeding digitalisation, shifting drivers of the economy, and rising customer expectations. Against this...

Kostiantyn Prymak

Late payment is an end-game issue for various businesses. Even big enterprises, which are typically better capitalised, having multi-tier supply chains, huge vendor bases, and tiered financial structures are struggling from this challenge. Late payment with such businesses has the...

Kostiantyn Prymak

With the fast-growing digitalisation, the global public transport sector is going through a big transformation, making the daily-routine trips more personalised and transparent . The old cash payment-driven ticketing system is being replaced by digital, contactless, and account-based payments. The...

Kostiantyn Prymak

Nowadays, every business, from small e-commerce retailers to large enterprises, rely on PSPs to process transactions, making them a significant component in the financial ecosystem. Recent estimates peg the global PSP market at a value of $87.16 billion in 2025,...

Kostiantyn Prymak

Report While the Crypto market cap amounted to $3.47 trillion in 2024 and Forex payments are anticipated to reach $1.18 trillion by 2030, Cryptocurrency and Forex payments keep increasing every year. They make businesses be on the beat of new...

Kostiantyn Prymak

Currently the Payment Systems Regulator is one of the main factors attempting to change the UK payments market. Its revised strategy has aimed at improved consumer protection, increased competition, and technological advancement. In these areas of business, clarity and compliance...

Kostiantyn Prymak

Moving into 2025, the regulatory landscape for PSPs will continue to undergo various changes that will require adaptation and proactive strategies. From open banking developments to the introduction of obligatory real-time payments and enhanced cybersecurity frameworks, 2025 brings both challenges...

Kostiantyn Prymak

Africa is fast becoming one of the most promising regions for Payment Service Providers, given the increased use of smartphones, improved access to the internet, and rapidly growing fintech ecosystem. With the fintech market on the continent projected to grow...

Kostiantyn Prymak

Guideline The new Transferty’s research, “How to start a PSP: Comprehensive Guideline for Businesses”, is a comprehensive material for entrepreneurs and businesses exploring the Payment Service Provider market. This report provides key insights into market trends, challenges, and strategies, empowering...

Kostiantyn Prymak

As we move closer to 2025, the payments industry is set for the changes, driven by technology, consumer expectations, and global economic trends. Payment gateway services, including solutions for e commerce payment gateways and international payment gateways, are evolving to...

Kostiantyn Prymak

Did you know that increased prevalence of chargebacks costs UK merchants more than £128 million annually. A significant portion of these chargebacks results from friendly fraud, where customers dispute legitimate purchases, sometimes mistakenly and other times with intent to defraud....

Kostiantyn Prymak

In 2024, Germany's payment industry continues to be a crucial element for businesses aiming to expand or enter this market. Offering the right mix of payment methods is a necessity for boosting conversion rates and meeting customer expectations. This article...

Kostiantyn Prymak

As one of the largest and fastest-growing fintech ecosystems globally, Brazil is seen as the leader in Latin America's fintech market. In the first half of 2024, the country accounted for 44% of all fintech deals in the region, securing...

Kostiantyn Prymak

Nowadays, offering seamless payment solutions is crucial for any business that aims to remain competitive. The ability to handle transactions quickly and securely is not only a key factor in customer satisfaction but also essential for business success. However, integrating...

Kostiantyn Prymak

Nowadays businesses are no longer confined by geographical boundaries. The rapid growth of digital transactions has created new opportunities for companies to reach customers across the globe. However, with these opportunities come challenges, particularly in managing cross-border payments. Global acquiring...

Kostiantyn Prymak

As global online business is projected to experience significant growth with a compound annual growth rate (CAGR) of over 10% from 2024 to 2028, the importance of global selling for online platforms is increasingly critical. These platforms are constantly seeking...

Kostiantyn Prymak

Online dating business is a rising trend of the last decade. As much of the world will be digitalised, as higher customer demand on online dating platforms will rise. Now this industry provides great business opportunities, that’s why a lot...

Kostiantyn Prymak

Report Transferty’s new report called “2024 Fintech Industry Report: Overview and Growth Predictions” offers a deep dive into the trends, opportunities, and technological advancements influencing the future of the Fintech industry. Designed for business leaders, investors, and industry stakeholders, our...

Kostiantyn Prymak

Launching a Payment Service Provider is a complex activity requiring a solid strategy to ensure business success in the payment industry. The proliferation of payment solutions and the dominance of established players make it essential for new PSPs to adopt...

Kostiantyn Prymak

Entering an online gaming business can be a rewarding venture, but it demands meticulous planning, adherence to regulations, and attention to detail. However, with an understanding of what this business is, how it works and what you should do, you...

Kostiantyn Prymak

The Markets in Financial Instruments Directive II (MiFID II) has been a vital part of financial regulation in the European Union since its implementation on January 3, 2018. Designed to enhance investor protection and increase transparency in the financial markets,...

Kostiantyn Prymak

The online gambling industry has experienced remarkable growth in recent years, and as we enter 2024, it shows no signs of slowing down. With advancements in technology and shifting consumer preferences, the landscape of online casinos and virtual gaming is...

Kostiantyn Prymak

ISOs and MSPs are pivotal entities that facilitate credit card transactions for businesses. However, many businesses still have a lack of knowledge on their functions and characteristics. Today we will discover more on the definitions, roles, and challenges of ISOs...

Kostiantyn Prymak

The financial technology landscape within the Europe, Middle East, and Africa region (EMEA) has been notably dynamic over the past few years. In this article we will compare the analytics of 2023 and 2024 to provide a comprehensive understanding of...

Kostiantyn Prymak

Looking for a payment provider can be a slow and challenging process. At the first glimpse all of them look similar. However, getting deeper into their specificities you may find the great differences. As you found the best one for...

Kostiantyn Prymak

As businesses rely heavily on online transactions to facilitate their operations and generate revenue, the fintech industry is rising the features to correspond to the relevant needs of merchants. With the increasing complexity of financial processes, reconciliation in payment gateways...

Kostiantyn Prymak

The Role of Payment Gateways in Global Money Movement The movement of money across borders is a critical aspect of the global economy, and payment solutions play an essential role in facilitating this process. Gateway solutions are online platforms that...

Kostiantyn Prymak

The digital payment landscape is continually growing. The payment gateways perform as a facilitator of seamless transactions for businesses and consumers alike stimulating the growth of online payments. In 2024, selecting the right payment gateway is more critical than ever,...

Kostiantyn Prymak

In the British digital marketplace of today, where numerous transactions are being processed every second, the security and efficiency of these financial operations hold paramount importance. The corestone of online commerce is the payment gateway, a technological solution that ensures...

Kostiantyn Prymak

Payment gateways could be named as a core of online commerce, ensuring transactions are not only seamless but secure. Acting as a mediator between customers, merchants, and banks, these gateways encrypt sensitive information, such as credit card numbers, to safeguard...

Kostiantyn Prymak

Nowadays, when financial transactions are increasingly executed online, the security of cardholder data has never been more crucial. Businesses of all sizes are seeking ways to ensure their customers' payment information is protected against the rising tide of cyber threats....

Kostiantyn Prymak

Nowadays, the importance of robust security measures cannot be overstated. As businesses increasingly move their operations online, the protection of sensitive data and the trust of customers have emerged as pivotal elements of success. Transferty is presenting the key cybersecurity...

Kostiantyn Prymak

Digital payment industry is rapidly evolving. To keep on track of the latest payment insights we want to present new column, where Transferty experts overviewing the most interesting news from the previous month to find out how Fintech grows  Growth...

Kostiantyn Prymak

In an era dominated by digital transformation, recurring payments have emerged as a corestone in the subscription-driven economy. The global recurring payment market is on an upward trajectory, expected to grow from $13.2 trillion in 2023 to $15.4 trillion by...

Kostiantyn Prymak

Central Bank Digital Currencies are expected to improve cross-border payments, offering the features making transactions faster, more secure, and less costly. As we step into 2024, the impact of CBDCs on international payments is becoming increasingly apparent, driven by the...

Kostiantyn Prymak

Transferty, recently honoured among the Top-10 payment security solution providers by GRC Viewpoint. Our recognition underscores the pivotal role in contributing to the broader technological development within the online payment industry. Our work is pivotal in safeguarding  financial information and...

Kostiantyn Prymak

Poland's digital payment landscape is a rapidly developing market of online transactions, showcasing an impressive blend of innovation, technology, and consumer behaviour trends. With nearly 90% of the population now online and the e-commerce sector poised for significant growth. Understanding...

Kostiantyn Prymak

In the digital market it is important to implement efficient and secure payment processing systems for businesses to grow. At the heart of these systems is the merchant onboarding process. This critical procedure involves integrating a business with a Payment...

Kostiantyn Prymak

The modern financial landscape makes businesses categorised as 'high risk' face hurdles when seeking standard merchant accounts from traditional banking institutions in the UK. However, for those operating in such sectors, understanding high-risk merchant accounts becomes imperative. This comprehensive guide...

Kostiantyn Prymak

Today the smooth processing of online payments is crucial for businesses seeking to enhance customer convenience and optimise cash flow. Payment gateways serve as the core of this process, enabling secure transactions while offering businesses various options and functionalities. However,...

Kostiantyn Prymak

The passing year of 2023 marked a significant milestone for the Fintech industry. The Digital Payments market was anticipated to hit a staggering US$9.45 trillion, as predicted by Statista. Experts and industry insiders shared their insights, envisioning trends that would...

Kostiantyn Prymak

Payment Service Providers are one of the key actors in global online payments. These companies ensure the transaction flow and growth of the businesses, working online. This industry opens a lot of opportunities, attracting more and more companies to open...

Kostiantyn Prymak

A Payment Service Provider is one of  the main actors of the online payment process. Such a position opens great opportunities for the companies working in this industry. Figuring out what is a payment service provider and which opportunities this...

Kostiantyn Prymak

Nowadays, businesses are presented with a myriad of options when it comes to handling online payments. Selecting the right payment solution can make all the difference in ensuring smooth transactions and customer satisfaction. Payment processing has evolved significantly, offering various...

Kostiantyn Prymak

The landscape of online betting in Cyprus has witnessed remarkable growth since licensed operations began in 2017, transforming it from only a picturesque Mediterranean destination to a fascinating hub for the online gambling industry, as well. Now Cyprus can be...

Kostiantyn Prymak

The world of online gambling is a thriving ecosystem of opportunity, and for entrepreneurs looking to make their mark, choosing the right destination is a strategic move. Enter Malta – a global epicentre for iGaming. But before you start this...

Kostiantyn Prymak

Industries are continuously shaped by evolving technologies and shifting regulatory landscapes. The world of gambling has experienced significant transformation, propelled by the rise of online platforms. In the centre of Europe, the Czech Republic emerges as a captivating case study...

Kostiantyn Prymak

When it comes to online gambling, the laws and regulations of different countries and regions may become ambiguous for the businesses that want to enter the market. The attitude even towards local and foreign operators varies significantly from state to...

Kostiantyn Prymak

In the competitive realm of Payment Service Providers, optimising performance is paramount to success. PSPs operate in a dynamic and challenging landscape where optimising performance is crucial for success. Technical complexities and evolving payment requirements can pose significant hurdles for...

Kostiantyn Prymak

As the payment industry continues to evolve and expand, many businesses are exploring the benefits of becoming an ISO (Independent Sales Organization) or MSP (Member Service Provider). These companies play a critical role in the payment ecosystem, acting as legal...