Articles

Our world is getting faster and faster. This means that we also need to make payments as quickly as possible. And now we don't have to wait from 3 to 14 business days for the money transfer to take place. There are real-time payments (RTP). But what is it, and how does it work? Let's get this straight.

The popularity of mobile wallets is growing every day. Their convenience is complemented by advanced security features designed to protect user data and transactions. How does it work? Let's look at it in this article. By the way, you can check our [mobile payment solutions catalog](https://payatlas.com/atlas?filter%5Bservices%5D=mobile-wallet-services&page=1) here.

**What are prepaid cards?** Prepaid cards are a universal financial instrument. This is a familiar debit card, but it is not linked to a bank account. You transfer a certain amount of money and can spend it within the remaining balance on the card. Have you run out of money? Top up your card and spend further. To use a prepaid card, you deposit money into it in cash, by bank transfer, or through online payment platforms. Unlike credit cards, you can spend only the amount that is available on the card. No credit facilities!

Open banking is a revolution in the financial industry. This innovation can provide transparency, innovation and customer-oriented service. What used to seem like a closed industry is becoming more and more understandable to ordinary people. At its core, open banking is when banks and financial institutions exchange customer data with third-party vendors (TPP) through secure application programming interfaces (APIs). Yes, it sounds complicated. But this ecosystem promotes competition and collaboration, which ultimately benefits consumers. We, the clients, receive more specific and personalized financial products and services.

Buy Now, Pay Later (BNPL for businesses) is a rapidly growing payment solution that allows customers to purchase goods or services immediately while splitting the cost into smaller, interest-free installments over time. Originally popular among consumers, BNPL is now transforming the way businesses manage their transactions, customer acquisition, and cash flow. For businesses, BNPL is more than just a payment method. It is a business solution that makes business customers happy, increases sales, and increases brand loyalty. But how exactly does BNPL work for businesses? It's time to figure it out, because that's what we're here for.