Technology has opened up endless doors of opportunity. As it evolves, technology continues to support new ways of doing business and expands card not present transactions. Businesses have more solutions than ever, and customers have a wider array of payment options than ever before. However, advances in technology have also created new opportunities for fraud.
Chargebacks are a merchant’s worse nightmare. They not only eat away at your time and energy, but they seriously chip away at your business’ bottom line. Chargebacks are one of those things to try to avoid at all costs. If chargebacks are a big concern and issue for your business, consider the following ways you
In an increasingly digital world, chargebacks are a huge problem for merchants. They chip away at your time and energy. They add stress to your day and affect your bottom line. They can even cause your merchant account to be closed or prevent you from securing one in the first place. This is just one
How to Prevent Online Fraud from Hitting Your Business In 2017, the number of consumer complaints about fraud, identity theft, and other concerns dropped to 2.68 million, according to the Federal Trade Commission’s 2017 Sentinel Network Data Book. There were 2.98 million in 2016. Despite the decrease in overall complaints, consumers still reported a total
Google Pay Adds P2P and Mobile-Ticketing Features, But Google Pay Send Still Lives Since Android Pay and Google Wallet were organized into the single service, Google Pay during the summer, it has emerged as one of the cheapest payment services around. In July, Android Pay app was rebranded as Google Pay, and the Google Wallet
In the modern technology-driven world, any retail business should use advanced tools and methods like mobile payment processing to remain competitive in the industry. Providing customers with convenience to make purchases and improving their experience play an incredibly important role in any merchant’s continuous success. Read this article to know how you can improve customer
The more information you collect from a bail applicant, the better for you. So, what to focus on when gathering the information? Where to find a reliable bail bond merchant account? This article will tell you what and where. Bail Bond Merchant Account and Applicant Info Let’s start with a bail bondsman or bail bondsperson
The U.S. legal cannabis industry experienced 31% growth, climbing to $8.5 billion, in 2017, according to The State of Legal Marijuana Markets, Sixth Edition” released in June 2018 by Arcview Market Research and BDS Analytics. The United States’ legal cannabis market is projected to reach $11 billion in consumer spending in 2018 and more than
Equifax (EFX) Inc. has recently reached a deal with 8 states aiming to avoid future breaches. What about you? How are you going to better protect your business? Do you have a reliable system to prevent chargebacks? Just read the article to know more about all this. Equifax Data Breach: Prevent Chargebacks Equifax, the credit
MasterCard and Visa recently were slapped with a major setback in a UK multinational interchange fees (MIFs) lawsuit, following a British appeals court’s decision to rule in favor of retailers. An appeals judge found that the interchange fees charged by Visa and MasterCard are unlawful and limit competition. This is a big deal because it
