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…
In the e-commerce world, companies are familiar with taking payments by credit card. Most companies with US-based customers are ignoring the advantage of another fast-growing choice: ACH payment processing, a type of electronic check payment. ACH payments are picking up…
Payment tokenization is a method of securing sensitive payment information by supplanting it with an algorithmically produced number called a token. Tokenization can reduce credit card fraud for a merchant. In credit card tokenization, the cardholder's Primary Account Number (PAN)…
Starting in April 2020, Visa will update the rules and requirements for merchants offering free or introductory trials. This has been in the works for some time and was first reported back in mid 2019, and is similar (but different)…
Have you been told you need a high risk merchant account? What does that mean, exactly? Why can't you just get a Stripe or PayPal account like everyone else? This article aims to explain what a high risk merchant account…
Which is the best payment gateway to use for your online business? Many businesses struggle with this issue. All things considered, payments gateways and online payments can be daunting for the newcomer. With many payment gateways to consider, it can…
Many of the merchants we work with are either based in Europe, or work with European clients and affiliates. This means having access to the European banking system, via a European bank account, in order to receive and send payments.…
There are several important steps to setting up a merchant account for ecommerce. As an ecommerce merchant, it's best to understand these steps before you get started with the process. In theory, ecommerce merchant accounts should be relatively simple and…
Basically, a chargeback is a transaction in reverse, started by the cardholder's bank. As opposed to placing funds into your merchant account, it takes them out. You need to pay a fee for each chargeback, in addition, if you get…
If you've ever applied for a merchant account you may have been asked to provide credit card processing history. Acquiring banks ask for processing history to get an idea of how your e-commerce business has performed recently, in terms of…