Billback is a payment processing plan that allows your provider to offer you a flat rate like 1.79%. That means your monthly payment will include a transaction fee of 1.79% on every single transaction you made, regardless of the type of interchange category the transaction amount to.
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 and has resulted in a sharp decline in related losses. However, even with […]
When you take credit cards in person it is a good idea to ensure that your staff are knowledgeable about Credit Card Security Features. Buy knowing and understanding these features, merchants can help reduce the likelihood of card present fraud. A few good tips are to always check for a signature on the back of the card and to ask for ID to verify the signature.
As a merchant, it’s possible that you’ll see a credit card dispute at some point in your business. Many businesses for one reason or another have already experienced a customer disputing a charge and have had to deal with a “Chargeback”. This week, however, we wanted to address the issue of what happens when you, as […]
One of our clients called us with an interesting question regarding disputing a fraudulent transaction on their Business Debit Card. As part of our weekly newsletter series, we asked one of our staff members to get to the bottom of it and make sure our customers knew how to protect themselves.
