Author: Maria Sparagis
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What Is “stel aggregation”? And Why Does It Appear on Customer Bank Statements?
Stel aggregation is the process of combining multiple small transactions into one larger transaction. This is often done to make it easier for banks to reconcile their customer accounts and prevent overdrafts. Stel aggregation takes place when a customer has multiple debits made by different merchants on the same day, but they’re not all paid…
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Increased Declines at Checkout? Sell Internationally? This Is Why
Declined transactions happen to all online merchants. It’s part of running a successful store. Customers want your product, banks don’t. That’s essentially what it boils down to, especially for high-ticket merchants. But you can do something about those credit card declines and start converting OVERNIGHT. In this post, I’ll reveal the No. 1 reason why…
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Avoid Chargebacks with Mastercard’s New Subscription Rules
Mastercard has changed its policy regarding subscription billing, negative billing, and recurring billing. These new rules are designed to protect consumers from being charged unknowingly, and subsequently to prevent you from receiving chargebacks. You likely already know the consequences of a customer canceling a subscription via their own bank — chargebacks and fees. Here are…
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FINALLY You Can Easily Accept Credit Cards When Selling NFTs
If you’re an NFT seller, then you know all too well how difficult it can be to accept credit cards. It’s not that the demand wasn’t there, it’s that payment gateways wouldn’t allow it. And the ones that did were…less than ideal. But a new processor has emerged over the horizon that allows simple, seamless…
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Dietary Supplement Sellers Beware — Avoid FDA Warning Letters Guide
The FDA (Food and Drug Administration) is the government agency responsible for protecting the public health. It’s also responsible for regulating dietary supplements and ensuring that they are safe, effective and accurately labeled. When it comes down to it, the FDA wants you to be successful in your business. But if you’re selling dietary supplements…
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