Payment processors are companies, usually third-party, that handle payment transactions between the merchant and customer by relaying payment information from the customer to the merchant’s bank account. They enable merchants to receive debit or credit card payments online by providing a connection to an acquiring bank.
While technology created the space that allows for seamless financial transactions between clients and merchants, it has also become a cause for abuse. It has provided another area of opportunity for potential criminals to leech on, most of which are fraudulent in nature. Fraud has always been a danger to both supplier and consumer. […]
Since late September, the financial services world was a bit shaken up when popular mobile payment company, Square Up (or simply known as Square), just hit its small business owner clients with an enormous price increase. Merchants, most of which with low volume transactions, have chosen this famous payment processing services company because of its […]
On the first part of this blog series, we gave an overview of what cashbacks are and why credit card companies use it as a popular and preferred rewards program especially during the holidays when shopping activity is very high. For this part, we will talk about several cashback credit cards that have made waves […]
With the financial services market getting so thick and active, a lot of credit card companies and their partner retailers are scrambling to give out incentives to get more customers and retain their existing clientele. As shoppers, we have to pay more attention to these perks they are using so we can also enjoy them […]
