Monthly Archives: April 2024

Did you know that friendly fraud is costing businesses billions of dollars every year? In the digital age, friendly fraud has become a significant challenge for businesses worldwide. Unlike traditional fraud, where a criminal intentionally steals from a business, friendly…

Did you know that electronic check processing is experiencing rapid growth in the business world? According to recent statistics, eCheck transactions accounted for over $9.1 trillion in payments in 2020, making it a popular and widely adopted payment method for…

Did you know that network tokenization is revolutionizing secure payment processing? Network tokenization are a payment card tokenization service offered by major payment networks like Mastercard, Visa, American Express, and Discover. It replaces primary account numbers (PANs) and other card details…

Did you know that 80% of consumers prefer to pay with a credit or debit card for their purchases? If your business in Puerto Rico doesn't accept card payments, you're missing out on a significant number of potential customers and…

Did you know that the hemp industry is projected to reach a market value of $26.6 billion by 2025? With such rapid growth and potential, it's crucial for businesses in this sector to have secure and compliant payment processing solutions.…

Did you know that the average payment authorization rate for businesses is only 85%? That means 15 out of every 100 payment transactions are declined, resulting in potential revenue loss. When it comes to the success of your business, ensuring…

Did you know that approximately 30% of online payment failures occur due to expired or outdated card information? When it comes to making online payments, keeping your customers' card information up to date and secure is essential. That's where a…