MCC Codes, short for Merchant Category Codes, are four-digit numbers that are used to categorize businesses into their respective industries. All significant card associations like Visa, American Express, Mastercard, and Discover use these codes. Even though these codes might differ…
Online dating has become a robust industry over the last 20 years. So many entrepreneurs want to start dating businesses of their own. What they don’t realize is that a successful dating business requires more than an attractive website with…
Online casinos depend on credit card payment processing for their survival. Credit card payments allow gamblers to instantly deposit money into their virtual casino accounts without having to wait for a check to clear. However, many credit card payment processors…
Over the years, one of the largest sources of payment fraud has been credit cards. A report in 2014 estimated that credit card fraud contributes to around 52% of all of the payment fraud in the United States, and this has…
When applying for an e-commerce merchant account with a payment service provider, your website will need to meet their requirements in order to be approved. This is true for US acquirers, international Payment Facilitators, and e-check/ACH merchant account providers alike.…
At IntegralPay we put some effort into thinking what's next when it comes to buying behavior in a world dealing with a pandemic. In what capacity will our shopping habits change in the short and long term? When we consider…
In the credit card processing industry, one of the most well-known high risk categories is the online pharmacy merchant account. While card not present pharmacy is a lucrative, growing industry that meets the needs of the market, there are many…
UnionPay, previously known as China UnionPay, is China's bankcard brand. It was set up in 2002 in Shanghai, under the endorsement of China's national bank. With over 7.5 billion cards issued, and near universal UnionPay acceptance in China, it has…
The foreign exchange (forex) market is the biggest and most liquid financial trading market on the planet, with over $5 trillion exchanged every day. Brokers perform over-the-counter (OTC) exchanges far and wide, 24 hours a day, 5 days a week.…
If you have an online business looking to accept credit cards, you'll need to know the credit card merchant fees that acquirers and payment processors charge. It can be complex, especially when a long list of fees are provided in…