What is Secure Remote Commerce?
SRC enables universal payment profiles that can be used across the web, so consumers don’t have to create profiles and authenticate at every single point of sale.
How and Why Visa’s VMPI Is Now Called Order Insight
When Visa launched its Visa Merchant Purchase Inquiry (VMPI), Verifi had a better-known competing version called Order Insight. This is the story about how the two became one.
Mastercard Introduces Connected Intelligence: Reduce your false declines
Mastercard's Connected Intelligence is designed to help merchants identify weak links in their transaction stream vis-a-vis fraud detection and false declines.
Is This the Death of Chargebacks?
We may soon be able to deflect disputes entirely, refund alerts immediately, and reduce chargebacks more effectively than ever before.
Visa & MasterCard Mandate for Subscription Transactions – What it means?
If you’re running an e-commerce business and are a subscription-based merchant, you have to store your customer’s payment credentials in order to make one-click or recurring payments possible. While storing payment credentials makes transactions faster and much easier, it’s a [...]
PayPal Chargebacks- Everything You Should Know
If you’re selling services or products online, chances are you accept PayPal. Many merchants process PayPal because it’s user-friendly and relatively secure. However, as with all good things, there are a couple of caveats that can turn into an issue [...]
How Does Zero Liability Policy Affect Merchants
Visa and MasterCard have "zero liability" policies in place in order to protect consumers against fraud. On the surface, this represents a way to ensure cardholders will always be protected from transactions they didn’t authorize. We’ll look at how these [...]
A Brief History of Credit Cards
It's easy to mistake the concept of credit cards as relatively new; they're actually older than money — maybe as old as writing. Let's go back in time and trace the origins of the credit card.
A Closer Look at Processors
Today we do a deeper dive into the world of processors. They handle the money — they're very important, so it's important for merchants to have some insider knowledge about them and the merchant services they provide. WHO ARE THE [...]
The Cost of Chargebacks
"How much?" is perhaps the most-asked question of all time. Unfortunately, in the payments industry at least, it's also the most difficult to answer. That's especially true when it comes to how much do chargebacks cost for merchants. So many [...]
Merchant Risk and How to Manage It
High-risk merchants have superior access to global markets and unlimited processing. If we look at what makes you high-risk, you can see where to mitigate the drawbacks and maximize the benefits of that designation.
Payments Panacea In the Works
What if we told you there is a concerted, industry-wide solution in the works that will reduce fraud, friction, and abandonment in one fell swoop? Hard to believe, right? What if we added that this panacea would also standardize processing [...]