Author: Maria Sparagis
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Thank Us Later – Your Own Merchant Account Vs. Being An Amazon Seller
In the past 12 months, DirectPayNet has noticed more and more Amazon sellers are opting for a merchant account. The benefits are significant as vendors want independent websites, control over product pricing, bigger profits and an easier time trading in high-risk industries restricted by Amazon. Unfortunately, those that are engaged in high-risk categories (e.g. electronics,…
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PSD2, Strong Consumer Authentication For Beginner High-Risk Merchants
From 14th September 2019, merchants operating in the European Economic Area (EEA) will be subject to new regulations: the Strong Customer Authentication (SCA). This is a two-factor authentication (2FA) that will protect certain electronic and remote payments. The strong consumer authentication is an extension to the second EU Payment Services Directive (PSD2). It was a…
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Improving Your Odds – Sports Betting Payment Processing For Winners
Is your sports betting payment processing working to grow your business? It might be time to re-evaluate the play to improve your odds of success! Sports betting was made legal at the federal level in the USA just over a year ago. We’re sure you were one of the companies that enjoyed hearing that the…
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Facebook’s GlobalCoin Will Change High-Risk Merchant Payments Forever
Last month, Facebook confirmed its cryptocurrency GlobalCoin will be in about “one dozen countries” by this time next year. Rumors state it could now happen by Q3. No surprise! It was only a matter of time before Facebook announced its intention to wade into the cryptocurrency waters. Effectively holding power over a currency that can…
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Reputation Management & Other Quick Tips For High-Risk Merchants
Some small and mid-sized high-risk merchants often grow so successful that the owners become removed from important day-to-day business functions. Website compliance and security could become vulnerable. A few rogue affiliate marketers may steal big sales and commission. And, chargebacks might increase due to poor compliance and customer support. As an online merchant scales, the…
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