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Monthly Archives

January 2021

Jan 31
chargebacks vs refunds

Chargebacks vs Refunds: What’s the difference?

By Ani Miteva Digital payments No Comments

Understanding the main differences between chargebacks vs. refunds can be a bit confusing for online merchants. In this article, we will explain clearly both concepts, see how they affect companies, and suggest some tips to handle them efficiently.

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Jan 24
virtual terminal tips - terminal virtual

5 things to consider when choosing a Virtual Terminal for your business

By Ani Miteva Digital payments No Comments

Selecting the right Virtual Terminal is one of the most important steps of initiating your digital journey. However, before taking the final decision, we recommend you to consider these 5 factors that will help you define your needs.

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Jan 23
credit card declines - transacciones rechazadas

Top 7 reasons for credit card declines (from a merchant’s perspective)

By Ani Miteva Digital payments One Comment

A high volume of credit card declines can lead to a series of negative consequences for merchants, including penalties from the payment network. In this article, we will see what are the most common reasons behind declines.

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Jan 17
issuing bank banco emisor

What is an Issuing Bank? Definition and role in the payment network

By Ani Miteva Digital payments No Comments

Every payment that happens on your website triggers a set of processes that work together to make the transaction possible. In this article, we will explain the role of the Issuing bank for ensuring that merchants receive their funds after a payment.

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Jan 16
how to win a chargeback dispute - como ganar una disputa por chargeback

Winning a Chargeback Dispute: 4 tips to increase your chances (as a merchant)

By Ani Miteva Cyber Security No Comments

While electronic processing is a piece of cake for many companies, some merchants may get classified as high risk by the payment processing network. Here are 8 important things you need to know if you are a high risk business.

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Jan 15
ecommerce conversion rate - ratio de conversión ecommerce

7 tips to increase ecommerce conversion rate at checkout (BEST)

By Ani Miteva Digital payments No Comments

E-commerce retailers invest heavily on Marketing and Advertising to attract potential customers and generate sales. However, the final step of the process – the payment, is often neglected, resulting in shopping cart abandonment.

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Jan 11
reduce declined transactions transacciones denegadas

4 tips to REDUCE Declined Transactions (and improve efficiency)

By Ani Miteva Digital payments One Comment

Declined transactions cost businesses money. Every year, more than $145 billion dollars worth of eCommerce purchases will be lost due to card declines. Here are 4 tips that can help merchants reduce them and capture more revenue.

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Jan 10
what is an acquiring bank - que es el banco adquirente

Acquiring bank: definition and role in payment processing

By Ani Miteva Digital payments One Comment

The processing of digital transactions requires the coordination of various key players to make an online payment possible, and one of them is the acquiring bank. In this article, we will explain its role in the payment network.

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Jan 08
Reduce chargebacks for your business - reducir los chargebacks

10 ways to reduce chargebacks (FAST)

By Ani Miteva MYMOID No Comments

Chargebacks are the worst nightmare of every merchant. They can result in revenue loss, ruined reputation, and even termination of your online account. Fortunately, there are ways to reduce their frequency and alleviate their impact on your business.

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