Payment Security 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 ...
ACH Fees ACH fees are a normal part of payment processing for businesses. If you have a payment processor for your business, you’ve likely heard this terminology before. The fees for ACH processing appear ...
Credit Card Fraud Credit card fraud is the unauthorized attainment and use of an individual’s credit card information. It is the most prevalent form of identity theft in the United States. Over 40% of ...
EFT Payment As a business owner, you probably make virtual or digital payments regularly. You pay vendors, utility bills, rent payments, etc. There are several different types of virtual payment options, ...
Online banking and shopping have become the norm for many people across the globe. As eCommerce continues to grow, businesses are looking for better ways to serve their customers that are safe and simple. ...
Chargeback Fraud Chargeback fraud is a common term in payment processing. It happens frequently and continues to grow as eCommerce expands. As a business owner, it’s important to understand what it is and ...
What Is A Provisional Credit Reversal Many financial institutions offer provisional credit reversals to their customers as a good-faith gesture during an investigation. They are typically provided ...
E-commerce fraud prevention is a series of preventive measures implemented to protect consumer data while making online purchases. It is a multi-faceted approach to protecting consumers and businesses from ...
Bank Identification Numbers Identifying a credit card and the issuing bank is a key necessity for most businesses. When processing transactions or reconciling batches, there is often a need to understand ...
There is a specific time limit in which chargebacks must be filed and handled. For cardholders, the law requires that they receive a minimum of 60 days to file a chargeback dispute on a transaction. Banks ...