Did you know that businesses in the U.S. process over $6 trillion in credit card transactions every year? This shows how important it is to understand your financial documents, like a merchant statement. A merchant statement is key for businesses…
Did you know that U.S. merchants could see a $502 million fee hike yearly? This is due to recent visa interchange rate changes. With over 4.2 billion Visa cards in circulation, these rates play a big role in your credit…
Did you know the global digital goods market hit over $300 billion in 2022? It's expected to grow even more in the future. This growth shows how vital it is for businesses to have a digital goods merchant account. If…
Did you know that nearly 86% of chargebacks are due to "friendly fraud"? This is when customers dispute charges they don't recognize. With more credit card fraud in e-commerce, people are checking their statements more closely. Merchants face a challenge…
Did you know about 15% of online payments fail worldwide? This shows how key the Mastercard Merchant Advice Code (MAC) is. It gives merchants clear reasons for payment failures, making it easier to fix issues. The Mastercard Merchant Advice Code…