Category: CHARGEBACKS
-
Psychic Merchant Accounts: A Look Into Your Payment Processing Future
Psychic merchant accounts used to be in high demand in the payments world during the late 1990s and early 2000s. That all changed once a slew of psychic and other by-the-minute hotlines were later found to be fraudulent. The scandal that surrounded the psychic hotline industry caused the availability of high-risk merchant accounts to become…
Written by
-
New Visa Rules For Dating, Info Product & Other High-Risk Merchants
New Visa rules effective October 1, 2019 are set to affect millions of high-risk merchants. We’ve reviewed the planned changes, determined how your business may be affected, and what you can do right now to prepare. The planned changes will impact when merchants are enrolled in the Visa Fraud Monitoring Program (VFMP) and the Visa…
Written by
-
Machine Learning – The Best Defense Against Chargebacks
Machine learning has become an excellent line of defense for high-risk merchants tackling fraud and chargebacks. It was once reserved for the worlds of academia and supercomputing. Presently, its broad range of applications are gradually realized considering the operational costs of high-performance computing has decreased. This is particularly true in the payments world. Today, payment…
Written by
-
Going From ClickBank To Your Own Info Product Merchant Account
Info products are high risk and big business; therefore, securing an info product merchant account is a necessity! Just do a search on Google for any problem and you will find a wealth of fee-based offers to solve it. This could be an e-book on raising credit scores, an online marketing course about Facebook ad…
Written by
-
Fraud & High Chargeback Rates Choking Your Company? Here’s How To Prevent It
High chargeback rates are a frustrating reality for many businesses today. These fees can add on a tremendous expense at the end of every payment period. Even if it isn’t your fault, you can end up paying a significant amount for them each year (ranging from $20 to $50 per chargeback). From friendly fraud to…
Written by
