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USA vs Canada Interchange Rate Comparison for Payments

Interchange rates are a cost for credit card transactions for merchants. Interchange is the revenue for credit card companies and issuing banks.  Canada and the USA have a big overlap in purchasing habits and trends in payments. The two countries also have some big differences on how payment processing fees

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Get a Merchant Account in Canada

Get a Merchant Account in Canada

Merchant accounts offer businesses a range of advantages. They enable businesses to accept credit and debit card payments, accommodating customers who prefer cashless transactions. This

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Credit card fraud in 2023

Credit Card Fraud in 2023

In an era dominated by technological advancements and online transactions, credit card fraud has emerged as a significant threat to individuals and businesses alike. As

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What is MOTO in credit card payment processing?

What is MOTO in Payment Processing?

MOTO payments refer to credit card transactions where customers provide their payment details via mail, telephone, or other non-face-to-face methods to complete a purchase. Credit

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Multi-MID merchant accounts

Multi-MID Merchant Accounts

Businesses that accept credit cards are continuously seeking ways to streamline their operations and maximize efficiency. That’s what you do to build a company. One

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What is a Merchant ID (MID)?

In today’s digital age, electronic payment methods have become increasingly prevalent in our daily lives. Whether it’s swiping a credit card, making an online purchase,

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How merchants can dispute a chargeback in payments

How Merchants Can Dispute a Chargeback

Chargebacks can pose significant challenges for merchants, impacting their revenue, reputation, and overall business operations. However, merchants have the opportunity to dispute chargebacks and present

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The average chargeback rate

The Average Chargeback Rate

Chargebacks are an integral part of the payment processing industry, representing a mechanism for customers to dispute transactions and seek refunds. For merchants and payment

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What is AVS in payments?

What is AVS in payments?

In today’s digital era, online transactions have become increasingly prevalent, making payment security a top priority for businesses and consumers alike. One critical component of

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