Category: STRIPE
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Stripe IPO, Disaster for Merchants
Stripe is thinking about going public, and I have an idea who the losers will be. The biggest losers of the Stripe IPO will be those who use the payment processing service. This is inevitable because Stripe has to look out for their short-term and long-term profitability by creating favorable conditions for institutional investors. If…
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Your Payment Gateway Is a Powerful Fraud Prevention Tool
Fraud is something most e-commerce business owners are familiar with – whether it be chargebacks, false orders, or other methods. There are many different tools that can help your business prevent and protect against fraud – however payment gateways are one of the most powerful and understated tools. Payment Gateway Fraud You might think that…
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RIP Square, iPhones as POS Devices — What Merchants Need to Do Next
Square built it’s merchant empire by providing (at the time) easy-to-use dongles that turned your smartphone into a point-of-sale (POS) device. Over the years, those devices have been upgraded to fit other pieces of technology including tablets like iPads, more operating systems like iOS and Android, and target more merchant categories. How many times have…
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Is Shopify Payments the Same as Stripe?
If you’re an online store owner looking for a payment processor to help you accept credit cards, you have likely come across two of the biggest names in credit card processing: Shopify Payments and Stripe. From the start, it seems like those two providers are competing head-to-head with each other. They have different names, signing up…
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Stripe Business Account Verification – Can You Bypass It?
The quick and easy answer is no, you cannot bypass verifying a Stripe business account. The longer answer is still no, but you can put it off. The better question to ask is, “why do I need to verify my Stripe account?” Account verification isn’t something a merchant or individual can avoid. Whether you’re fast-tracking…
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