Credit Card Chargeback
High Risk Merchant Account Instant Approval – Is It Possible?
When choosing a payment processing provider, do not be swayed by claims that they can provide a high-risk merchant account instant approval. Simply put, a high risk online merchant account instant approval does not exist. If you are looking for a high risk merchant account to accept high-risk credit card payments, you must practice some
High-Risk Merchant Processing Accounts for Businesses
All business ventures come with an amount of risk; but some businesses pose a bigger risk than others. SecureGlobalPay high-risk merchant processing specializes in the approvals of high-risk category merchant types with high chargeback ratios. Businesses that pose a higher risk than others are usually businesses associated with a high percentage rate of chargebacks and
High-Risk Payment Processors – Factors to Consider
High-risk payment processors are those top-shelf acquirers that process payments for merchants that have a higher risk of chargebacks, fraud, and other potential problems. High-risk merchant payment processing is a specialized niche and working with seasoned professionals is always a merchant’s best chance of approval. High-risk payment processors primarily focus on high-risk high volume merchant
Chargeback Process Explained | What It Means to Merchants
The term “chargeback” is best described as a process where a cardholder disagrees with a specific charge on a debit or credit card and asks for payment to be reverted back to the card. During the chargeback process, the cardholder must provide compelling evidence of fraud or that a faulty product or service was received.
Travel Merchant Account Store | Chargeback & Fraud Management
Americans who use their credit cards for purchases are protected against the incorrect and unfair credit billing under the Fair Credit Billing Act (FCBA). Owning a travel merchant account store or any online travel business without the proper payment gateway and fraud settings can prove to be costly. FCBA in essence means that cardholders who
Chargeback Protection: How to Prevent Disputes
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
The High Risk Merchant Paradox
It is an entrepreneur’s job to take risks. But every high risk business type contains the potential for multiple outcomes, success and failure being the most extreme. With risk, like truth, the final outcome is usually to be found in the middle between extremes. An entrepreneur who understands this must be prepared to deal with
Do You Know What Industries Are Considered High Risk Merchants?
Are you a Hard to Place Merchant? Who could have guessed that when you furnish your home, you are most likely dealing with a business in a higher-risk industry? Yes, indeed – Interior Decorating and Furniture Sales Merchants are both considered Higher Risk Merchants by payment processors. Find out if your business type fits into
How the Address Verification System (AVS) Works
The Address Verification System (AVS) is a system used by financial institutions, sponsoring banks and payment processor’s to help prevent fraudulent credit and debit card purchases. When Card Not Present Transactions are processed through the payment gateway, the issuing bank will request the billing address of the card holder. This information is typically stored on
Understanding Credit Card Chargebacks and Fraud
Credit card chargebacks occur when a customer has a chargeback dispute and decides to question a charge on their credit card statement with their Credit Card Company or issuing bank. While chargebacks happen for a variety of reasons, the most common reason is that a customer no longer wants the service or product sold to