Category: VISA
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DOJ Visa Lawsuit, What This Means for Merchants
The Department of Justice (DOJ) has thrown down the gauntlet, launching a high-stakes antitrust lawsuit against Visa, the card network giant. At the heart of this lawsuit lies a bold accusation: Visa has allegedly weaponized its dominant market position to stifle competition and maintain an iron grip on online debit transactions. The DOJ claims that…
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Maximizing Revenue Recovery for Failed Subscription Payments in GoHighLevel and Stripe
Subscription businesses inevitably face failed payments, which can lead to involuntary churn if not addressed. Here’s how to optimize your failed payment recovery process when using GoHighLevel as your CRM and Stripe as your payment gateway. AVOID SUBSCRIPTION CHURN Stripe’s Default Failed Payment Handling Stripe offers a built-in feature called “Smart Retries” that automatically retries…
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Visa Mastercard Agree on $30b Settlement – What It Means for Online Merchants
CREDIT CARD PAYMENTS, CREDIT CARD PROCESSING, Credit Card Processing Fees, Credit Card Surcharges, MasterCard, PAYMENT PROCESSING, VISAIn a landmark move that could reshape the landscape of credit card processing, Visa and Mastercard have reached a staggering $30 billion settlement with merchants across the United States. This settlement aims to address long-standing concerns over the exorbitant credit and debit card fees that have burdened retailers, particularly small businesses, for decades. For online…
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VAU and MAU Will Eliminate Churn on Your Subscriptions, Here’s How
We’ve all felt the sting of chargebacks, faced declines, and grappled with customer churn. These are not just “problems”; they’re actually revenue leaks that can bleed a subscription business dry if not addressed. Enter Visa Account Updater (VAU) and Mastercard Account Updater (MAU), the unsung heroes in the payment ecosystem that can help you overcome…
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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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