Latest News & Trends in The Payments Industry
Everyone at SecureGlobalPay is eager to help you with all your payment processing services. We have created this section for you and your Business to stay up to date on the latest news and trends taking place in the Financial Technologies and Merchant Services Industry. You'll receive updated information on how our payments technology can help you keep better tabs on your revenues, marketing effectiveness and growth. We'll keep you informed on what payment services might help you reach more customers while creating better conversions and revenue opportunities to help your business scale as needed. SecureGlobalPay Merchant Services is proud to provide the absolute best service in the merchant processing industry today!
Every Fall, SecureGlobalPay, through their affiliates receives a notice from the IRS with a list of all our merchants who have an IRS file with an invalid or incorrect business name and/or Taxpayer Identification Number (TIN). This is due in part to the Housing and Recovery Act of 2008: Merchant Tax Reporting. This amendment requires
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
EMV (Europay, MasterCard® and Visa®) chip technology is fast becoming the worldwide standard for credit card and debit card payments. Milllions of consumers have been issued new cards that look quite similar to the old cards. However, these new smart cards come with a small, metallic square in the corner of the card. The square
Credit Card Processing For many small and large businesses, understanding the basics of setting up a credit card processing account can be an overwhelming and daunting task. Below we break down how credit card processing works and the various steps it takes to securely process a credit card. With these basic facts you will feel
What is a Secure Payment Gateway? In today’s competitive online business environment, the ability to accept payments online is essential for merchants. This is made possible by a Secure Payment Gateway. The Secure Payment Gateway handles electronic exchanges between customers, vendors, and each of their respective financial institutions. Review our robust API by setting up
Banking in the Internet Age It’s a popular expression: “Money is a medium of exchange.” And nothing could be more true. Since its earliest days, the mission of currency and banking institutions has been to support the exchange of goods and services. The ability to access one’s bank, a relatively simple thing, once depended on
SecureGlobalPay offers SSL (Secure Socket Layer) Application Programming Interface (API) for e–commerce merchant Website builders and providers an encrypted connection to a powerful Secure Payment Gateway. All SecureGlobalPay merchants receive significant benefits by using the SecureGlobalPay technology, the heart of the SecureGlobalPay Internet product suite. What is a Secure Payment Gateway? A Secure Payment Gateway is
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
What is a Holdback and how to prevent it? Any business venture involves risk. While the nature of business itself tends to be connection and community, not all businesses are created equal. Some hard-to-place merchant accounts are at higher risk than others. Businesses deemed higher risk are noted for having certain features in common with
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