Most people have been in contact with some sort of digital payment during their life. The most familiar for many people is the direct deposit of your paycheck into your bank account. If you are a business ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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! ...
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 ...
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 ...