We know the benefits of taking cards. Processing of payments using a debit or credit card is lightning fast and very secure. But if we go deeper, the full amount for what you charge a customer does not go straight from the credit card company and then to you, the merchant.
More than likely if you’ve interacted with one of our staff, you’ve probably heard us talk about PCI Compliance, and you may have wondered, “What is it?” and, “Why do they seem to think it’s so important?” The truth is that, yes it is important, but it’s important to understand how it applies to you. […]
Chargebacks can be the bane of most businesses’ existence. Although there are certain steps that can be taken to avoid chargebacks, they have become prevalent today, especially with the growth of technology and the internet.
Fraud is costly at all levels of the payment cycle, and failure to prevent fraud can often have negative effects on the merchant. By being proactive, merchants can avoid many mistakes and pitfalls associated with credit card fraud.
Reversing credit card transactions are a necessary part of dealing with customers, but it does come with some pitfalls if not understood correctly. Let’s explore this fascinating aspect of dealing with credit cards.
