Token Migration of Credit Card Data If you run a subscription-based ecommerce business, few operational decisions feel scarier than switching payment processors. Your recurring revenue depends on stored card data working flawlessly, month after month, without your customers ever thinking about it. So when a merchant asks, “Why can’t we
Credit and debit card payments used to be a luxury back in the day. In the recent years, card payments became a necessity to most businesses with online platforms. To enable this in your commerce, you would need a merchant
Payment processing is not just about your usual payment transfers. It also includes other transactions such as refunds, rebills, and chargebacks between you, your acquiring and issuing bank, and your customers. In every transaction that occurs in your account, your
You might not know it, but ACH payments have almost certainly served you somewhere, sometime in your everyday life. When your hard-earned salary has been automatically deposited to your bank account on payday, that’s the work of an ACH. Conceptualized
A chargeback is defined as the act of reversing a payment and returning funds to a customer. At first glance, a credit card chargeback may seem like traditional refund, but there is one crucial difference. Rather than reaching out to
What is an acquiring bank, and what is its role in the eCommerce payment process? Furthermore, you might also want to know more about its counterpart, the issuing bank. Understanding the differences between acquiring banks and issuing banks is important
EMV is a form of standard smart payment which initially started in the late 1960s to 1970s. In the latest years, it has replaced the old chip and pin credit cards. The rising number of unauthorized transactions, card theft, and
Electronic check, or echecks, are one of the best conveniences of modern-day banking. Aside from doing away with the wasteful and traditional check processing, using an e check is faster and made even more secure with top-of-the line risk management
The pharmaceutical industry has adapted to the latest tech innovations in recent years. These days, patients can purchase their medication without visiting stores physically. The birth of online pharmacies has created flourished by providing convenience for customers. Merchants have experienced
Find the right firearms merchant account provider and payment processor in this guide. Read on and connect to a firearms friendly credit card processing service in no timeA firearm friendly credit card processing service can be hard to find, given
High risk merchants looking for a payment processor need to know the factors that tag them as ‘high-risk’. The next step is to look for the right payment service provider that will easily approve them for a high risk credit
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