Category: CREDIT CARD PROCESSING
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Ensure Your High-risk Merchant Account Application Gets Approved with These Top Industry Tips
High-risk merchant accounts imply the level of risk an acquiring bank must take on if your application is accepted. As you can gather from the name, most banks are not exactly handing out stamps of approval to every application that comes their way. They want minimal risk because to financial institutions, risk means the likelihood of money lost.…
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What Does Visa’s NFT Purchase Mean for Crypto? A Momentous Move for the Payment Industry
The world’s most popular credit card network just bought an NFT for $150,000 for the first time. The price isn’t surprising (it’s not even among the most expensive NFTs). What is surprising is Visa’s head of crypto, Cuy Sheffield, stated in a blog post the purchase is to understand the growing NFT market, the mechanics behind making a…
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FAQ Friday: What to Do If Stripe Is Holding Funds or Terminates Your Account
The panic-stricken, adrenaline-induced frenzy of researching solutions about what to do when Stripe holds funds—or worse, terminates your account—has been performed by countless merchants. If that’s any reason to relax a little then take it, because it means there is a solution. In fact, there are solutions to cover every aspect of this type of…
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Who’s Involved in Credit Card Processing?
In a simple world, your online sales would go from your website directly into your bank account. In reality, credit card payment processing involves a complex process involving different software and technology partners; these are required to ensure you can collect from the customer. Each technology partner presents its own challenges and potential for losses…
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7 Online Strategies For E-Commerce Merchants During The Pandemic
AFFILIATE MARKETING, CHARGEBACK FRAUD, CREDIT CARD PROCESSING, E-COMMERCE, FACEBOOK, FRIENDLY FRAUD, MERCHANT ACCOUNTSSome e-commerce merchants worry the Coronavirus (COVID-19) is influencing sales and merchant processing. Since March, the pandemic has changed the way entrepreneurs operate their business. Offline sales switched to online orders. And, if sales were already online, either revenue has increased or decreased significantly. Demand for credit card processing is also affected. No one really…
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