e Check is a mode of payment that relies on the ACH network to process payments. With e Check, money is withdrawn from the payer’s checking account, transferred over to the ACH network, and then deposited into the merchant’s checking account.
e Check is a mode of payment that relies on the ACH network to process payments. With e Check, money is withdrawn from the payer’s checking account, transferred over to the ACH network, and then deposited into the merchant’s checking account.
With innovation and technology, those specializing in merchant services have found modern ways for merchants to process payments securely. This has allowed businesses to reduce their reliance on traditional banking and use more electronic means to make transactions. Merchants also found other ways to make online transactions without using credit cards that sometimes may charge […]
Highlights: This is the third and last part of a blog series we created as part of a global campaign for #FraudWeek The first part of the series explores fraud and fraud-related chargebacks The second part of the series talks about EMV technology and its contribution to mitigating fraud Much has already been said […]
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 […]
