Interchange Downgrades
Downgrades are not easy to understand, but they can end up costing you hundreds of dollars in credit card fees per month.
Month: November 2021
‘Tis (Almost) The Season: 9 Ways to Guard Against Fraud
By now, holiday online retail trends should be no surprise to merchants: both sales volume and fraud rise dramatically. Last year, fraud attempts were up over 30% during the holiday season, and the trend is sure to continue in the 2017 holiday shopping season.
Top 6 Considerations for Your Mobile App Payment Gateway
Mobile app developers joining us today appreciate that there are many mobile app payment gateways to choose from, but might like to know what to consider when choosing one. Let’s walk through it together.
Top Tips for Evaluating Merchant Account Providers
There are plenty of merchant account providers out there to choose from, making it a difficult task deciding which one is right for you. Different business models require different considerations to ensure that payments are optimized and payment processing costs remain low.
Visa International Card-Not-Present Interchange
Visa has specific interchange for transactions that occur using an international card in a card-not-present environment.
Top Considerations for Running $1 Trial Offers
Offering $1 trial offers is a great way to acquire new customers and enable people to try your product or service at a discount. It’s a lucrative business model for subscription and continuity merchants who offer products and services at a recurring fee. While it has several financial benefits, this model also has some drawbacks.
Top 5 Tips to Preventing Fraud in the Wake of Big Breaches
“Data breach” is a term no one likes to hear. It causes customers to lose faith in the retailers that put their sensitive payment card data at risk, and it triggers a massive scramble to recover from the fallout for the retailers that are targeted by hackers.
What’s a Chargeback? Understanding Different Types of Ecommerce Fraud
If you are a new merchant in ecommerce, you will likely find yourself asking “what’s a chargeback?” at some point. Chargebacks are an unfortunate reality for online merchants, though with the right knowledge and planning, chargebacks can be minimized. A chargeback is happens when a customer disputes a charge with their payment card issuing bank and the bank refunds the transaction to the customer.
Top Ecommerce Fraud Prevention Tricks for the Holidays
The holiday season is the most important time of the year for online businesses. While an increased number of shoppers are perusing ecommerce sites, an increased number of bad actors are, too. Even though Christmas is behind us, the holiday selling season is not over. Many consumers will take advantage of post-holiday sales and begin redeeming gift cards received during the holiday season (typically spending more than the gift card amount). Without the right ecommerce fraud prevention tricks, merchants are at risk for serious losses. It’s important to have the right tools in place to combat fraud year-round, but merchants are especially at risk during this busy time of year.
