| August 17th, 2021 |
In today’s times, eCheck is referred to as the most used method of payment in the market. The processing of eCheck provides business merchants an opportunity to increase their business through a safe payment method. Many customers prefer using eChecks for facilitating payment methods. Moreover, the overall cost of eCheck processing comes at lower prices. […]
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| April 6th, 2021 |
In the digital payment processing industry, the concept of Terminated Merchant File is also called MasterCard Alert To Control High-risk Merchants. The TMF is the kind of list maintained by the credit card processing industry that collects business records and business owners whose merchant accounts got terminated for excessive chargebacks, indulgence in fraudulent activity, and […]
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| February 26th, 2021 |
The high-risk merchant accounts are subscription billing and recurring payments that stabilize the cash flow. These accounts do help in increasing the profits. Recurring billing reflects high-risk merchants with predictable revenue streams. It does expand the lifetime value of customers in comparison to customers who prefer one-time transactions. As many economists believe, once a recurring […]
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| September 7th, 2020 |
A merchant account is a traditional way to go about processing payments for your business. It is established after an agreement over certain terms and conditions between the business owner, payment processor, and the merchant acquiring bank. This allows business set-ups to conveniently receive payment for their goods and services. However, it is not as […]
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| August 6th, 2020 |
As a business owner, you understand that payments and payment processing are not so simple. What looks like a few seconds to the customers is actually a complex process involving verification, calculations, and checkpoints. There are several aspects to debit and credit card processing that lie between the merchant and other players. This goes beyond […]
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| July 23rd, 2020 |
The payment processing industry is now a major league as far as business is concerned. This has happened as a result of massive digitalization and penetration of supporting disruptive technologies and internet infrastructure. A good number of businesses have now moved online and are conducting their business affairs there, necessitating a need for efficient and […]
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