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.
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.
Payment fraud has been increasing at an alarming rate during the last few years, with more than 5 million records being stolen daily. We will explain everything that you need to know about online payment fraud in order to protect your company.
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.
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.
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.
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.
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.
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.
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.
© 2022 mymoid.com.
