Chargeback Protection
Chargeback Protection: How to Prevent Disputes
| December 24, 2019
Each transaction involves a certain amount of risk. Purchasers often risk dissatisfaction or disappointment upon receiving a product or service. And merchants always risk the possibility of a customer dispute or fraud. Learn the fine art of Chargeback Protection and How to Prevent Disputes. This risk is not always dependent upon the type of business…
Read MoreHigh Risk Merchants in America
| September 11, 2019
High Risk Merchants in America Running any sort of business involves risk. Entrepreneurs know this. It is a fact of life for a High Risk Merchant in America. At every stage of the game, entrepreneurs often dare taking occasional risks in service of their vision. The act of taking a business from the concept stage…
Read MoreGetting a Credit Repair Merchant Account
| July 5, 2018
According to IBISWorld, a global market research firm, there are over 90,000 businesses in the $4 billion credit repair industry. With the Credit Repair Business booming, it’s imperative you understand what you need to know when getting a Credit Repair Merchant Account. The majority of these businesses are small partnerships or non-employers. A 2016 report…
Read MorePenny Auction Merchant Accounts Don’t Have to Cost a Pretty Penny
| May 31, 2018
We have all seen the ads for various sales events offering high-dollar items for deep-pocket discounts. Such tactics are commonly used by merchants to kick-start sales. Offering such items for ‘auction’ online, provide similar incentives to internet customers. To achieve maximum success, Penny Auction merchants must be able to accept and process credit card payments…
Read MoreHow the Address Verification System (AVS) Works
| April 4, 2016
The Address Verification System (AVS) is a system used by financial institutions to help prevent fraudulent credit/debit card purchases. When a credit card transaction is processed through the payment gateway, the issuing bank will request the billing address of the card holder. This information is typically stored on the magnetic strip located on the back…
Read MoreWhat is a Chargeback?
| August 20, 2015
What is a Chargeback? Put simply, a chargeback is a reversal of a credit-card transaction. Chargebacks can occur for many reasons. But regardless of the reason, a chargeback means that a merchant ends up providing a product or service for free. In addition, the merchant is usually required to pay additional fees in the form…
Read More