Since October 2022, the major credit/debit card associations have gradually stopped supporting or offering 3DS1.0 services. Instead, they have been strongly advocating the use of Strong Customer Authentication (SCA), a protocol that enhances security for the online consumer and, at the same time, minimizes the merchant’s exposure to fraud risks.... read more →
Jan 31
Jan 17
On the 1st business day of 2023, Oceanpayment received the excellent news that we had been awarded the Major Payment Institution (MPI) license by the MAS (Monetary Authority of Singapore), a key milestone in our strategic quest to grow and develop a sustainable international market. Effective on 1st January 2023,... read more →
Dec 30
You must be familiar with online payments and credit and debit card transactions if you're a business owner. When you expand your business globally, payment is one of the most crucial buying process steps. Convenient payment methods do not only enhance customer experience but also help expand your business in... read more →
Dec 30
With the increase in online shopping, businesses are increasingly looking towards the internet to expand their customer base and get more sales. To successfully expand into a wider market, it is essential for businesses to accept online payments. These payments are managed online as a result of the interaction between... read more →
Dec 19
“Payment for Purchase - The Complete Transaction” “Cash & Carry” – the simplest mode of any transaction. Be it on or off-line, physical goods or service related, what matters most to the consumer is that their purchase is successfully and satisfactorily fulfilled. To the merchant, receiving the transacted funds securely... read more →
Nov 22
This article dives into processing credit card payments online by businesses, and the factors that should be taken into account when choosing the right credit card payment provider, as well as the risks associated with processing credit card payments online. What is credit card payment? With a credit card, your... read more →
Nov 22
In this article, we explain what a WooCommerce Payment Gateway is and how it can help businesses ensure a seamless customer experience during the payment process. We also highlight some of the factors businesses should consider when selecting WooCommerce payment gateways. What is a Woocommerce payment gateway? A payment gateway... read more →
Nov 18
For many consumers in Europe and the Americas, the credit card has been the preferred mode of payment for all their transactions. However, with the upsurge in ecommerce and the proliferation of diverse payment methods, the consumer has been spoilt for choice. Of special mention is the ability to buy... read more →
Oct 28
Establishing payment processing services so that you can accept online payments is one of the most challenging aspects of launching an ecommerce business. Even though brick-and-mortar businesses are familiar with some aspects of payment processing, they may not be familiar with how online payments work. To get started with ecommerce... read more →
Oct 28
It is likely that most of your customers are online, wherever they may be in the world. Increasingly, people are shopping online for items they would have traditionally bought in stores, like furniture, fashion, and fast food. Online shopping is popular all over the world. Since so many people store... read more →











