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…
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…
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…
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…
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…
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…
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…
Did you know that nearly 78% of online shoppers abandon their carts because of a hard checkout process? In today's online shopping world, making your payment process easy is key. Using hosted checkout can turn a tricky step into a…
Did you know that credit card fraud detection rates went up by 30% when banks used BIN search tools? Just six to eight digits, the Bank Identification Number (BIN), has a big impact on secure transactions and payment processing. Knowing…
Did you know Alipay, a digital wallet from China, has over 1 billion users worldwide? This fact shows how a mobile payment app grew from China to a global giant. It is more than a way to pay safely; it's…