Chargebacks are one of the most expensive challenges in payments. They don’t just mean lost revenue; they also come with fees, operational costs, and potential damage to your ability to accept credit cards. To help manage excessive chargebacks, Visa created the Visa Chargeback Monitoring Program (VCMP). If your business processes
Loyalty programs have become an integral part of shopping, offering businesses a way to build stronger customer relationships, increase retention, and drive sales. Loyalty programs can
The COVID-19 pandemic has reshaped the payment processing industry, which has undergone rapid transformation in response to the challenges of the pandemic. In 2024, it
Payment terminals, often referred to as point-of-sale (POS) terminals or credit card machines, are devices that enable businesses to accept electronic payments from customers. There
The main cost for merchants to accept credit cards is the interchange fee, a fee paid by merchants to the card-issuing bank each time a
In payments, fraud impacts both businesses and consumers. It can be painful. Among the various types of fraud, “friendly fraud” is rather challenging. Despite its
If you’re a merchant, getting on the MATCH list can feel like hitting a brick wall when it comes to processing payments. In this article,
If your business accepts credit cards, chargebacks are a part of doing business. Chargebacks can impact your business’s revenue, reputation, and customer relationships. With rising
Contactless payments market has been growing quickly. As digital infrastructure continues to advance, the ease and speed of contactless transactions are becoming increasingly attractive to consumers
A Payment Orchestrator is a service that enables businesses to manage and optimize their payment processing by connecting to multiple payment providers and processors through
Contactless payments have rapidly grown in the United States, evolving from a niche technology to a mainstream payment method. As consumers increasingly prioritize convenience and
Central Bank Digital Currencies (CBDCs) have received attention in recent years as central banks worldwide explore the potential to evolve the way we conduct financial
Debit payments, peer-to-peer (P2P) money transfers, and digital cash have been evolving at a good pace over the past 10 years. This has been changing
In 2024, payment processing is more complex and competitive than ever. With the global economy’s increasing digitization, the demand for efficient, cost-effective payment processing solutions
American Express, the 3rd largest credit card network in the US market, has over 133 million active cards worldwide and an average spend of $23,500
Interchange rates, also known as interchange fees, are the charges paid between banks for the acceptance of card-based transactions. These fees are a critical component
Consumer payment data has become a valuable asset for businesses. Consumer data, primarily gathered from credit card transactions, offers information that can help businesses enhance
Fraud in payment processing poses a threat to businesses across various industries. Each industry faces unique challenges and vulnerabilities. This article covers the fraud risks
Many merchants unknowingly pay more than necessary in payment processing. This overpayment impacts a business’s profitability and growth. This article covers the reasons for overpayment,
Interchange fees, also known as swipe fees, are charges that merchants pay every time a customer uses a credit or debit card to make a
Embedded payments is about integrating payment processing capabilities directly into software applications, websites, and services to provide a seamless and customizable user experience. As a
Winning chargeback disputes is important for merchants because chargebacks take time to deal with and lead to financial losses and increased processing fees. Here’s a