Author: Maria Sparagis
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Best Stripe Alternatives for International Sellers
Are you an international seller looking to expand your online business and reach customers in the United States? If so, you’ve likely encountered the challenges of finding a reliable payment processor that caters to your unique needs. Stripe and PayPal, two of the most popular options, may not always be the best fit for merchants…
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STEL Aggregation Is Destroying Your Business!
When you process customer payments through a third-party aggregator like Stripe or PayPal, the charge may appear on credit card statements as coming from the aggregator instead of your business name. Hence, “STEL Aggregation”. Customers don’t recognize it, assume it’s fraudulent, and dispute it, resulting in costly chargebacks for you. STEL aggregation can wreak havoc…
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Synapse Bankruptcy, A Wake-Up Call for Banking-as-a-Service
The recent abrupt bankruptcy filing of financial technology company Synapse has sent shaken the banking industry. Synapse Financial Technologies, which acted as a middleman between fintech firms and banks, has frozen the accounts of tens of thousands of businesses and consumers as a result of its Chapter 11 bankruptcy protection filing in April. This debacle…
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Shopify Account Suspended: How to Recover
Your business is like a living creature. Your payment processor is the heart that keeps it alive. So when Shopify Payments suspends your account, it’s like going into cardiac arrest—you need to resuscitate ASAP. Here’s a quick outline of what to do to keep your business alive when your Shopify account is suspended. Start your…
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