Did you know that merchant fraud costs businesses billions of dollars each year? Merchant fraud poses a significant threat to online payment security, with ecommerce fraud prevention becoming more crucial than ever. The rise of credit card fraud, financial transaction…
Welcome to our guide on how to choose the right merchant account for your business. In today's digital age, online payment processing is a vital component for any successful business. Whether you're running an e-commerce store or offering services online,…
In light of the COVID-19 pandemic, online shopping has become the new norm, making Point of Sale Systems essential for businesses. Point of Sale Systems have revolutionized the retail industry by providing more efficient ways to track inventory, manage sales, and…
PCI compliance, also known as payment card industry compliance, is a crucial requirement for businesses that handle credit card transactions. It involves following the technical and operational standards set by credit card companies to protect cardholder data and ensure data…
Welcome to the era of alternative payment methods (APMs)! In today's digital landscape, e-commerce payments have advanced beyond traditional credit cards. With 77% of global online purchases being made using alternative payment methods, it's clear that consumer behavior is shifting…
Payment service providers looking to grow their businesses may explore a variety of industries, but some pose more challenges than others. These are known as high risk verticals or industries with elevated risk. These market segments, such as adult, alcohol,…
Chargeback associated fees are additional fees that merchants are charged every time they receive a chargeback. These fees are charged by the merchant's acquirer and are intended to incentivize merchants to avoid chargebacks. The cost of chargeback fees can vary…
Have you ever considered the financial risks associated with high-risk merchant accounts? If your business operates in industries such as adult entertainment, gambling, pharmaceuticals, or subscription services, you may already be familiar with the challenges and potential fiscal challenges that…
E-commerce has revolutionized the way we shop, providing convenience and accessibility. However, with the rise of online payment fraud, particularly card not present (CNP) fraud, it is crucial to understand the trends and losses associated with this type of fraud.…
Digital wallet, also known as e-wallets, have revolutionized the way we manage money and make transactions. In recent years, there has been a significant surge in the growth and adoption of digital wallets, driven by the increasing popularity of mobile…