A CVV number, also known as a card verification value, is a three-digit number found on the back of most credit and debit cards. This number is used as an additional security measure to ensure that the person using the card is the rightful owner. To find your CVV number, look for the three digits…
A point-of-sale (POS) system is a computerized system that handles the sales transactions at a store. It includes the hardware and software needed to run the system, as well as the devices used by employees to process sales transactions. The POS system includes a cash register, which is the primary device used to process sales…
Merchant services for small businesses are a type of banking service that allows business owners to accept payments from customers via debit and credit cards. Merchant services usually include a payment processing gateway, which is a secure online portal that allows businesses to authorize, approve, and process card payments. Why are merchant services important for…
Litecoin is a digital asset and a payment system invented by Charles Lee. It uses the same encryption techniques as Bitcoin. Litecoin is peer-to-peer and open source. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Litecoins are created as a reward for a process known…