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One successful development in the world of entrepreneurship that made the payment process easier and more secure is the presence of the ACH system. Some of us may have used ACH and eChecks interchangeably but both are different when it comes to the payment process....
Considering accepting mobile payments or upgrading your system to accept mobile wallet? Utilizing the technology in your processing hardware and accepting Apple Pay, Samsung Pay, or Google Wallet can vastly improve the experience for both the customer and the merchant.
With a significant portion of merchants switching to internet and cloud based processing, there is a greater risk of data breach. The Payment Care Industry Security Standards Council (PCI SSC), the same organization that creates the standards for PCI compliance, has released a Small Merchant Guide to Safe Payments. This document covers some of the risks that small businesses face and provides basic guidance on how to mitigate risk and make your organization a less desirable target.
With the rise of mobile technology, mobile coupons are gaining a lot of popularity among merchants and consumers. In this article Mobile Coupon Tidal Wave by The Green Sheet, they speak of the rise of mobile coupons and the impact it has had on the industry. As mobile...
Chargebacks are something that most of us would rather live without. With the change to EMV and the subsequent decrease in Card Present Fraud, Fraudsters have had to get more creative.
We here at Agapay can help you. We have a large portion of our portfolio with high risk clients and have a fantastic relationship with them and our banks. With our hands on service and dedicated support team we make sure even our high-risk clients get the support they deserve to be as successful as they want to be!
ACH transfers, on the other hand, is also a safe and common method for receiving payments. However, unlike credit card payments, ACH payments must be accompanied by bank account, as well as the proper routing information so that the transfer of funds can be initiated.
New data from the Auriemma Consulting Group (ACG) shows that card present credit card fraud losses have decreased by 18%, the lowest levels since 2013. With major adoption of chip technology by card issuers and merchants, card present fraud has become more difficult...
If you are a business owner, you know the wisdom of being data driven is essential to the success of your business. You cannot make decisions based on your feelings or mood, but with numbers. Today, there are a lot of ways for you to be sure that you’re on top of that...
When looking to engage credit card payment processing services, it may come as an shock when the processor labels you a high-risk merchant. A high-risk merchant account is usually labelled so because the industry exhibits certain characteristics that make it risky to the processor and hence they have to assign the business this category to minimize their own risk. They will take in account the number of years you have been in operation, history of chargebacks, type of business and company financials among others. They will also take into account your personal credit history. The factor that most determines if you are high-risk is the type of business you operate. This will also affect the kind of rates you pay for every credit card transaction you process.
The transition to EMV has been messy for many merchants. Visa, being a leader in the migration to EMV technology in the US has decided to ease the burden placed on small businesses. According to a press release to their investors dated June 16th, they've released the...
We’d like to hear from you on how you prefer to make business purchases! Schedule an appointment with us for more tips and solution for your business. Call us at (800) 644-3909 or send us an email to [email protected]