Credit cards remain the most popular way to pay for things online, but concerns about debt and interest charges have motivated many consumers to embrace alternative payment platforms. As one of the oldest and most trusted online payment systems PayPal remains a very popular choice among consumers. Merchants like it too, because it’s easy to…
Posting a security guard outside your store to check IDs and search bags might be an effective way to keep your merchandise safe, but it can also alienate your good and loyal customers. Some of the most effective methods of online fraud protection have the same effect. Multi-factor authentication and other strict cybersecurity protocols can…
The catalogue of cyberthreats that businesses need to worry about keeps getting longer and longer. Between the existential threat of attacks like ransomware and the everyday onslaught of phishing and payment fraud, it’s a battle on multiple fronts that shows no sign of stopping. This isn’t just a problem for e-commerce merchants—even hospitals get targeted…
The Complete Guide to the Chargeback Process The chargeback process is similar across most credit card networks and issuing banks, with specific differences for each bank or network. A chargeback works its way from the issuing bank through the card network and to the merchant’s acquiring bank. The merchant can decide to dispute the chargeback…
The Ultimate Guide to Preventing Holiday Season Chargebacks The holiday season is a crucial time for merchants as it brings in an increased volume of sales. However, it also brings in an increased number of chargebacks. Chargebacks can be costly and time-consuming, not to mention damaging to your reputation. In this guide, we’ll outline the…
