High-risk businesses aren’t necessarily “bad” business. On the contrary, if handled right, high-risk business can mean high profits for the bank, processors and the merchants themselves.
The real danger chargebacks present are not just the fees that accumulate; if you process too many, your processing can be abruptly terminated. Here's what you can do to prevent them today.
In business, risk is defined as an action that promises a great reward while bearing great threats. These threats are what first comes to mind when a processor evaluates businesses, [...]
We've done a lot of research on many topics related to payments processing, and PSD2 is one of the most dry and dreary we have come across. First of all, [...]
The chargeback process has been unfair to merchants since its inception. VISA has recently made a commendable effort to balance the scales and help them reduce chargebacks under the Visa [...]
Chargebacks are commonly considered to be a friction point between merchants and customers. But it doesn't have to be. Merchants that take the initiative can put chargebacks into the win [...]