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Understanding Merchant Account Terms
Accepting debit and credit card payments in exchange for goods and services is a universal business concept. This means a company needs to establish a merchant account to process payments…
The Lowdown on Fintech
Fintech, a portmanteau of the words “financial” and “technology,” has taken the world by storm. In everything we do, from buying coffee to managing bank accounts online, this technology is…
Consumer Finance Payment Systems
Adopting innovative payment solutions is one of the best things a consumer finance company can do to take their service delivery to the next step. Amidst the industry’s heavy competition,…
Digital Payments – The Benefits and Convenience
Key Takeaways Digital Payments: Transactions done without cash or physical checks, typically using credit cards, debit cards, or mobile apps. Process: Businesses require a merchant account. Payments are processed via…
Credit Card Chargeback vs Credit Card Refund: What’s the Difference?
Every merchant wants repeat business. Satisfied customers who come back to shop again is the name of the game. It establishes loyalty and trust with your brand. Unfortunately, this is…
Processing Web Payments? Make Sure Your Website Is Card Brand Compliant!
There is no doubt about it; accepting online web payments significantly boosts your business profits. Did you know if you currently are processing web payments, your site needs to be…
Card Not Present Payment Processing
Key Takeaways CNP Payments: These transactions involve processing payments without a physical card present, commonly used by e-commerce and MOTO merchants. Differences from Swiped Transactions: CNP payments don’t require card…
Policies to Adopt ASAP for Secure Online Payment Acceptance
Safeguarding customer financial details during thesecure online payment acceptance process is paramount. Not taking action to ensure your payment environment is under lock and key can make your site an…