Most merchants accept the fact that payment processing comes with a cost. That said, when was the last time you took a closer look at your monthly invoice? If it’s been a while, you may discover that you’re significantly overpaying for this service. Payment processors can hide and inflate their fees in many ways, and not many merchants know what…
According to McKinsey, digital platforms will mediate 30% of all global economic activity as early as next year. One force behind this trend is the increasing ability of these platforms to embed payments directly into their app or website. By eliminating the middleman (external payment gateways), digital platforms can now offer a more seamless customer experience. Want to learn a…
If there’s one thing all merchants want, it’s delivering a seamless payment experience to their customers. Payment links are another big step in this direction, as they allow you to simplify this process into just a few clicks. Read on to find out what payment links are, why your business needs them, and how to implement them. What Is a…
These days, QR codes are a fairly common part of the payment processing landscape. Their rise in popularity is a result of many factors, but may owe the most to the surge of digital payment technologies. With almost everyone owning a mobile phone, QR code payments have turned out to provide an ideal combination of speed, security, and simplicity. Not…
For a business owner, few things are as important as offering seamless payment processing. Unfortunately, this is easier said than done. In today’s payment business landscape, customer expectations are constantly evolving, making it harder to analyze your payment processing performance. This is particularly noticeable if you aren’t sure which KPIs to track. Well, that’s why we’re here! Here are four…
In today’s world of e-commerce, few things are as annoying to businesses as chargebacks. On top of creating lost revenue, chargebacks consume valuable time and can easily damage a company’s reputation. High chargeback ratios can also lead to higher processing fees and, in some cases, prevent you from accepting credit cards altogether. The best way to protect your business from…
For a business owner, few things are as important as offering seamless payment processing. Unfortunately, this is easier said than done. In today’s payment business landscape, customer expectations are constantly evolving, making it harder to analyze your payment processing performance. This is particularly noticeable if you aren’t sure which KPIs to track. Well, that’s why we’re here! Here are four…
Credit card fraud is a growing menace, with global losses reaching a staggering $28.65 billion in 2021. This article equips you with the knowledge to combat this threat, safeguard your business, and prevent costly chargebacks. Fraudulent Felons: Unveiling the Perpetrators Credit card fraudsters employ various tactics. Here are the most common ones: Vulnerability Check: Businesses Most at Risk Certain businesses…
In February 2024, the U.S. Securities and Exchange Commission (SEC) adopted new disclosure rules regarding cybersecurity. Despite being designed for the benefit of public companies, these rules also affect trucking companies that do business with public firms. Why is this the case? Simple: trucking companies’ computer networks are often linked with networks of their public company customers. As a result,…
Thanks to the wonders of the internet, it’s never been easier to sell your products or services to people across the globe. As nice as this opportunity is, however, it comes with some drawbacks. One of them is the cross-border fee, which is a fee you pay every time your business sells something to a customer who is using a…