PCI compliance, also known as payment card industry compliance, is a crucial requirement for businesses that handle credit card transactions. It involves following the technical and operational standards set by credit card companies to protect cardholder data and ensure data…
Welcome to the era of alternative payment methods (APMs)! In today's digital landscape, e-commerce payments have advanced beyond traditional credit cards. With 77% of global online purchases being made using alternative payment methods, it's clear that consumer behavior is shifting…
Payment service providers looking to grow their businesses may explore a variety of industries, but some pose more challenges than others. These are known as high risk verticals or industries with elevated risk. These market segments, such as adult, alcohol,…
Chargeback associated fees are additional fees that merchants are charged every time they receive a chargeback. These fees are charged by the merchant's acquirer and are intended to incentivize merchants to avoid chargebacks. The cost of chargeback fees can vary…