Bitcoin is still around 7 years after its detractors predicted its rapid demise. Not only has Bitcoin survived, but it has also thrived, becoming the Internets first digital currency. In November of 2017, be have seen Bitcoin reach the unimaginable threshold of $10,000 USD per BTC (Bitcoin) before retracting to hold steady around $7500 USD…
Starting your own online store is a dream come true for every entrepreneur. However, cash flow is the lifeline of every business and unless you have enough money to run your business, your dream can quickly turn into a nightmare. Most first-time ecommerce business owners make the mistake of focusing too much on growth, while neglecting…
At PAYMILL we love our merchants and are enthusiastic about their products and services. That is why we chose every month one of them to be our amazing Merchant of the Month. Doing so, we select particularly innovative business models, exciting products or unusual services. We are proud to present Codeable as a new Merchant of…
You may already have a great business. However, there are always things that you can do in order to make it better. Improving your business will help you to attract clients and to increase your revenue, and can help you to feel more personally fulfilled as well. Here are a few tips you can consider…
When your online store is up and running and you are already processing payments, it is not uncommon for your payment processor to contact you after the activation of your account. These requests can concern the processing of your account, specific transactions and or compliance issues, just to list a few. They are in general important and a…
Churn is nothing unusual for an SaaS company — but it is bothersome. If you can understand how to minimize it, you can grow your business. That all sounds simple enough. But as David Skok explains, the paradox is that the more your SaaS business grows, the more your unsubscribe rate can take a hit for…
In recognition of the growing importance of blogs as a source of information for e-commerce aspirants, the UK Market-Inspector has named the best e-commerce blogs in 2017. One of the first awards went to the Munich-based online payment service provider PAYMILL.
Word of mouth used to be the ideal way to sell your products. People would buy something from you, and tell their friends – who would then buy something from you. You would naturally build an audience. Now, that commerce is shifting from physical shops to eCommerce stores, word of mouth has switched from actual…
Despite the fact that earlier people considered blogging as a perfect tool to have some fun on the web, nowadays it’s a great moneymaking machine. Moreover, blogging is a hobby, which allows you to showcase your own style, point of view, and to state yourself as a brand. Here is the same thing with an…
At PAYMILL we love our merchants and are enthusiastic about their products and services. That is why we choose every month one of them to be our amazing Merchant of the Month. Doing so, we select particularly innovative business models, exciting products or unusual services. We are proud to present Ballardier Watches as a new…