Industry News
Understanding Chargebacks and How to Handle Them
What Merchants Should Know to Better Protect Themselves Against Chargebacks Merchants operating online and in-store both deal with chargebacks. What is a chargeback? It's a reversal of charges after a purchase; the merchant's account returns payment to the customer....
EMV Chip Cards: One Year Later
Chip Cards Help Address Three Pertinent Issues It’s been one year since the United States launched the EMV chip-enabled cards. Now, there are now over 1 million chip-enabled businesses, 363 chip-enabled Visa cards. The implementation was to address three issues:...
Ecommerce Trends for 2017
Ecommerce Continues to Grow Globally The New Year is fast approaching, and with it, the ecommerce game is changing. Currently, the average consumer will spend just under $2,000 per year shopping online. The U.S. alone is expected to generate roughly $355 billion by...
5 Myths About Merchant Account Service Providers
Not All Information On Merchant Account Providers Is Accurate When you’re looking to grow your business, chances are you’ve researched merchant account service providers. Along with solid information regarding the benefits and services, there are a host of myths....
Visual Commerce is the Next Innovation of Ecommerce
Visual Commerce Trends is No Longer Image-Based Ecommerce continues to evolve, with offerings like social commerce finally coming into play. Now, visual commerce will be the next trend. Many online retailers are leveraging social platforms like Pinterest and Instagram...
Top Payment Technology Trends for 2016
What Trends to Look Out for This Year Along with various payment processing trends, payment technology has grown much in 2016. Many merchants are implementing custom user experience (UX) to make the consumer’s life just a bit easier. To combat fraud, fingerprints and...
Opening a High Risk Merchant Account
Do You Need a High Risk Merchant Account? You’ve decided to open a merchant account, but during the application process, your business was deemed high-risk. This happens for many reasons, including the type of industry you’re in, your chargeback history, or because...
Payment Processing Trends Happening in 2016
Trends to Watch for This Year For 2016, payment processing trends continue with changes in security and mobile payment options. EMV migration is in full swing, and will continue its conversion through October 2017. Merchants now offer omni-channel payments to allow...
Understand Payment Gateways with Ecommerce Merchants
What Payment Gateways Are and Why You Need Them Not all consumers understand the difference between payment gateways and an ecommerce shopping cart. Some merchants equate gateways with merchant accounts, but that isn’t correct. Payment gateways collect integrate into...
Traditional Merchant Account vs PayPal
Choosing the Right Solution for Your Business When you’re looking to begin or expand your online business and sales, the first thing you should figure out is how you will accept consumer payments. Will you go with a simple service like PayPal or will you opt for a...