Read our blog about payment solutions and online payment processing. Only up-to-date information.
A chargeback is a protection strategy that customers use to dispute unauthorized credit card payments and transactions. Unfortunately, chargebacks can be a huge problem for merchants. They are not only costly but they often lead to a merchant being banned from...
Chargebacks are bad for business owners both in short and the long run. They incur fees, and they also negatively affect the relationship you have with your payment processor and customers. In the long run, excessive chargebacks can result in the closure of your...
One of the serious consequences merchants face when they have excessive chargebacks is having their account terminated and being added to the Member Alert to Control High-Risk Merchants (MATCH) list. The MATCH list, also called the Terminated Merchant File (TMF), is a...
We can all agree that first impressions are everything. And this also holds true when it comes to business operations. A chargeback rebuttal letter is the first thing that a chargeback evaluator sees. Thus, a hurriedly written rebuttal letter can significantly reduce...
Credit card declines are not only frustrating but costly for a merchant. An issuer declined message from a credit card issuing bank means you’ll lose revenue from the canceled transaction, and you may also need to pay additional fees if you ignore the message. Not to...
An Independent Sales Organization (ISO), also sometimes referred to as a Member Service Provider (MSP), is an organization authorized to provide merchant services to businesses. A merchant service ISO acts as the middle man between different acquiring banks and the...
Business owners know that cash is no longer a popular payment option among modern-day customers. Due to the disadvantages that come with carrying cash around, many customers are using contactless payment options such as mobile wallets and credit cards. If you’re...
Considering that 48% of online shoppers use credit cards as a form of payment, modern-day businesses need reliable and cost-effective contactless payment processing solutions. One such necessary payment solution is a credit card chip reader. A credit card reader helps...
Dealing with chargebacks is a frustrating and draining experience for any business. Unfortunately, there is no easy way to eliminate chargebacks, as cardholders have a right to dispute any charges on their account that seem erroneous or fraudulent. However, even...
If you use PayPal for online payments or to send and receive money, then you must have heard of PayPal cards. PayPal offers its customers several credit and debit cards. For instance, the PayPal MasterCard is a credit card, while the PayPal reward card is a credit...
Online payment platforms such as PayPal have made it extremely convenient and cheaper to shop online, pay bills, and transfer money. Besides, using PayPal and other electronic payment platforms protects customers from credit card fraud and other forms of online scams....
Online shopping has grown in popularity, so much so that it’s estimated that eCommerce will constitute more than 22% of all global retail sales by 2023. Online shopping is convenient for the modern customer, it also provides consumers with a variety of products and...
A point of sale system (POS) makes it easy for you to collect cash and credit card payments. Such a system will also gather all the data related to your customers, inventory, and sales. Undoubtedly, a modern POS solution saves you time, and money, and enhances the...
In today’s business world, a majority of consumers make payments using their credit or debit cards. In fact, recent statistics show that more than half of the population in the US prefer cashless payments. As a business, if you want to improve sales and legitimize...
If you accept credit and debit card payments in your retail or e-commerce store, you’re charged merchant fees every time a customer pays using any of these electronic payments. Merchant fees will vary depending on the merchant service provider you’re using, the cost...
Every eCommerce merchant has knowledge of different accounts because it's a key to successful online selling. When it comes to different accounts, every account varies from another account in various manners, as you can see with the merchant account and payment...
Cash is no longer king for most customers. And if as a business you are yet to embrace cashless forms of payment such as credit and debit cards, it’s about time you did. Contactless forms of payment are convenient, efficient, and secure. One of the major things you...
In today’s cashless society, more and more customers are choosing electronic payments over traditional payment methods. Businesses are also investing in electronic payment services to avoid inconveniencing their customers. One of the popular electronic payment...