Payment security for your customers is one of the most critical pieces of being a business owner. Offering a secure platform on which your customers can pay for goods and services should be a top priority at all times. Whether your business is online or brick-and-mortar, there are a series
Running a business includes several tasks and daily to-dos that can add up. There are multiple numbers involved, one of which is your Merchant ID number. Here is everything you need to know about your Merchant ID, in one simple
Accounting for eCommerce business can be an intimidating task if you’re not savvy with accounting tools and software. However, keeping your financial documents in order is an important part of running your business. It is the only way to know
Payment fraud is a growing problem in the eCommerce industry. As online sales continue to grow, cybercriminals are getting more creative with their methods. Here, we break down the most common types of payment fraud and offer tips on how
When dealing with payment processing, there are several numbers associated with different transactions and purchases. Understanding transaction IDs, their purpose, and how they differ from other identifying numbers can be helpful to merchants, particularly in times of dispute. Keep reading
Payment reversals can drive business owners insane, especially if you’re not sure how to handle them. Here, we’ll tackle the specifics about what they are, what causes them, and how long it takes to rectify the situation. If you want
Friendly fraud is a growing phenomenon that affects merchants on a global scale. It is the process that consumers follow to get a refund for products or services that they purchased without speaking directly to the merchant from whom they
If you’ve ever traveled overseas and used a credit card for purchases, you’ve likely seen an additional charge on your statement. This charge is typically a mystery for cardholders, but we can explain it! Here, you’ll find everything you need
When it comes to the IRS, there are several different numbers that used for different purposes. As a business owner, it can be confusing. In this article, we will discuss the purpose of the EIN number, who needs one, and
When setting up a business for online or in-person transactions, merchants must set up a bank account into which the payments will be deposited. These bank accounts are merchant accounts and are managed by a vendor called the Acquiring Bank.
Secure online payments should be the top priority on every business and consumer’s list. For your customers, security is everything when making an online purchase. In this guide we’ll dig into the most secure online payment types for consumers and
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