Author: Sal Miah

  • Payment channels: A guide to build reliable business strategies

    Payment channels: A guide to build reliable business strategies

    In this article, we explore payment channels, the various types available, and how they fit into comprehensive omnichannel strategies. We also examine unique methods emerging in developing markets and review essential considerations for choosing the best payment systems. 1. A basic explanation of payment channels The simplest explanation of a payment channel is the route…

  • What is a merchant ID number? A comprehensive guide for businesses

    What is a merchant ID number? A comprehensive guide for businesses

    This guide will explain a merchant ID number, how it works, why it matters, and how to manage it effectively. Let’s dive into the details! What is a merchant ID number? A MID is a unique identifier assigned to a business by a merchant acquirer. Think of it as your business’s payment processing ID card.…

  • Payment diversity: a guide to payments in the MENA region

    Payment diversity: a guide to payments in the MENA region

    Understanding payment practices in MENA MENA is undergoing a significant transformation in payment preferences, along with the rest of the world. Consumers now appreciate a faster, more secure, and more flexible ways to transact. Mobile devices and increasing internet penetration have accelerated this shift, making digital wallets and mobile money essential tools in the payment…

  • Why faster payments are crucial for business success

    Why faster payments are crucial for business success

    The problem: Late payments are hurting cash flow Late payments remain one of the most significant obstacles to healthy cash flow. A recent PYMNTS report, Need for Speed: Faster Payments Are Key to Businesses’ Financial Health, highlights that 51% of suppliers receive payments after their due date, and 57% of invoices are paid late. Even…

  • 5 payment predictions for 2025: A look at the future of global payments

    5 payment predictions for 2025: A look at the future of global payments

    In this article, we explore the key payment predictions for 2025 and how they will affect businesses. 1. Growing demand for seamless, user-friendly payment experiences The expectation for seamless, user-friendly payment experiences is not limited to consumers alone. Businesses also demand intuitive interfaces for transaction banking services. McKinsey notes that commercial customers will increasingly expect…

  • Connecting the dots between payments and online trading at iFX EXPO Dubai 2025

    Connecting the dots between payments and online trading at iFX EXPO Dubai 2025

    Event details Name: iFX EXPO Dubai 2025 Date: January 14–16, 2025 Venue: Dubai World Trade Centre Location: UAE A hub for innovation and growth in online trading As the largest online trading expo worldwide, iFX EXPO Dubai brought together brokers, fintech innovators, regulatory experts, and service providers from over 120 countries. The event created a…

  • APS in 2024: year end highlights

    APS in 2024: year end highlights

    Events that shaped our year IFX EXPO Dubai  Date: January 16 – 18, 2024 Venue: Dubai World Trade Centre, Dubai  Location: UAE The iFX EXPO Dubai unfolded as the leading conference for professionals in fintech and financial services, providing a platform for global experts to engage and explore innovative solutions. It was a fantastic opportunity…

  • Compliance in action: how APS tackles financial crime in digital currency transactions

    Compliance in action: how APS tackles financial crime in digital currency transactions

    We recently handled a complex international case involving digital currency in financial crime. Nuradil Aitmukhambet, our Chief Compliance Officer, helped lead APS through this significant milestone. His expertise in FinTech, digital currency compliance, and AML/CFT (anti-money laundering and counter-terrorist financing) regulations has been crucial in managing complex international cases like the one we just resolved.…

  • Everything you need to know about payment gateways in 5 minutes

    Everything you need to know about payment gateways in 5 minutes

    In this article, we’ll be sharing the basics of payment gateways. Let’s dive in. What is a payment gateway? Payment gateways are secure platforms that enable electronic transactions between customers, businesses, and financial institutions. They simplify the acceptance, processing, and handling of various payment methods, such as credit cards, debit cards, and digital wallets. The…