What is Friendly Fraud?
Did you know that up to 70% of all credit card fraud is friendly fraud? It costs the industry over $132 billion each year. This shows how big the problem is in ecommerce and digital transactions. But what is friendly…
Local Payment Methods: A Must For E-Commerce
Did you know the global e-commerce market is growing fast? It's expected to increase by 15.5% each year from 2021 to 2027. To succeed, e-commerce businesses need to use local payment methods. This includes digital wallets and regional options like…
How to Preauthorize a Credit Card
Did you know that up to 90% of hotel and car rental businesses use preauthorization holds? This is to make sure the customer's payment method is good. To "Preauthorize Credit Card" means holding funds without actually charging the card. This…
Understanding Pass Through Fees: What You Need to Know
Did you know that businesses pay nearly $130 billion a year in credit card fees? This shows how vital it is to understand pass through fees in business. For many merchants, dealing with payment processing costs can be tough. It's…
What are High Risk Industries?
Did you know that nearly 60% of new businesses fail in high risk industries? This is often due to regulatory and financial hurdles. High risk industries face a higher chance of operational, regulatory, and reputational risks. These sectors are identified…
Dynamic Billing Descriptor: Boost Transaction Clarity
Did you know that using dynamic billing descriptors can cut chargebacks by up to 20%? These descriptors make it clear what a customer is paying for on their credit card bill. This makes customers happier and reduces confusion. Static descriptors…
Pinless Debit: Shop Securely Without a PIN
Did you know over 50% of debit card transactions in the U.S. now don't need a PIN? This shift, known as pinless debit, is changing how we shop. It brings a smooth and safe way to pay. Pinless debit uses…
Independent Sales Organization: Your Gateway to Success
Did you know over 70% of small businesses in the U.S. use independent sales organizations (ISOs) for payment processing? This fact shows how important ISOs are for businesses. They help with credit card processing and payment solutions for both new…
PCI Compliance Test: Secure Your Business Today
Did you know that 70% of small businesses that face a data breach often go out of business within a year? This fact highlights how crucial it is to have strong security, especially for payment card info. A PCI compliance…
Continuity Subscription Merchants: Boost Your Business
Did you know the global subscription economy is set to hit $1.5 trillion by 2025? As a continuity subscription merchant, you can grab a big piece of this market. Use recurring billing and automated payments to keep your income steady…