October 18th, 2021 |
In today’s time, when digital processes have become increasingly transformative, it is witnessed that many businesses are shifting away from traditional banks and relying upon paper checks. But somewhere, we do become confused in knowing how ACH payments can be different from eChecks. So, in light of understanding the right thing, this blog will allow […]
Read moreOctober 11th, 2021 |
The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards designed to ensure that ALL companies that accept, process, store, or transmit credit card information maintain a secure environment. The PCI DSS Compliance applies to every organization irrespective of size or number of transactions, that accepts, transmits, or stores any […]
Read moreAugust 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. […]
Read moreApril 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 […]
Read moreFebruary 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 […]
Read moreSeptember 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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