Open Banking: How Merchants Benefit
As the card payment industry and merchants prepare for Secure Cardholder Authentication as part of Payment Services Directive 2 (PSD2), another part of the PSD2 regulation is starting …
As the card payment industry and merchants prepare for Secure Cardholder Authentication as part of Payment Services Directive 2 (PSD2), another part of the PSD2 regulation is starting …
Whenever a customer disputes a charge or claims a fraudulent transaction, the credit card provider demands the retailer make good on that loss. This is called a chargeback. Chargebacks were …
Nowadays, buying online is made simple with the use of virtual shopping carts. If you’re a small business owner who wants to start selling online, you may be asking yourself …
Is EMV important? Why do we need it now? Protecting yourself against counterfeit fraud is one of the main benefits to implement EMV because it’s virtually impossible to recreate …
What do Amazon and banks have in common? More than you may think. Amazon has changed the face of retailing in recent years. Now it appears to have the power …
The benefits of accepting credit cards are many. Among other things, accepting cards can help legitimize your business, boost sales and encourage impulse buying, as consumers find credit cards a convenient, advantageous …
There’s a popular perception that cash is on its way out. In fact, some restaurants—like the chain, Sweetgreen, for example—have been attracting media coverage because they no longer take cash and as …
While the way we do business has transformed over the years, one thing has stayed the same: good businesses have good accounting. One of the main reasons why any business …
A purchase may not go as planned. You may not know if you should issue a refund or fight a chargeback. There are three types of fraud in the world …
Visa recently announced that they will be revising their chargeback/dispute process. Visa Claims Resolution (VCR) is a new global program that will be implemented in April 2018, in an effort …