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 With e Check, money is withdrawn from the payer’s checking account, transferred over to the ACH network, and then deposited into the merchant’s checking account.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 With e Check, money is withdrawn from the payer’s checking account, transferred over to the ACH network, and then deposited into the merchant’s checking account.
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 […]
Highlights: This is the second part of a blog series we created as part of a global campaign for #FraudWeek The first part, which explores fraud and fraud-related chargebacks, can be read here Previously, we talked about fraud, fraud-related chargebacks, and how they serve as a double-edged sword: they hold both merchants and cardholders victims. […]
What are the challenges behind a high-risk business? When your business falls into the category of a high-risk industry, first know it is not because of you. It is the industry and usually due to factors far beyond your control. One of the largest obstacles may come in the way of payment processing since processors are a bit reluctant to offer their service. As a high-risk business, you will most likely have numerous issues to deal with such as excessive chargeback disputes, duplicate charges, lawsuits, and fraudulent transactions. However, these are not a dead end for you since there are still reputable and stable processors ready to provide you the service that you need. Our reputation at Agapay with a variety of clientele makes us the right pick for you.
There is an ever-decreasing number of processors that support high-risk merchant accounts. The fact that there are many possible and unforeseen events can cause trouble for these types of vendors to find processing.
