Your Guide to Navigating Your Merchant Statement
As a business owner, you’re already wearing many different hats. You’re handling bank runs, interviewing candidates, and solving supply chain issues. Because of this, it’s easy to overlook merchant statements. While your merchant processing statement may look like any other bank statement or financial report, its contents are important for your company’s bottom line. This […]
Latest Posts
Mastering HIPAA Compliant Credit Card Processing: A Comprehensive Guide
The healthcare industry faces many challenges, yet payment processing might not be one that first springs to mind. Yet, with the many guidelines surrounding privacy and security, it’s vital to ensure that you not only understand HIPAA compliant credit card processing, but you also have the right arrangements in place. Put simply, healthcare credit card […]
Mastering Ecommerce Chargeback Prevention: Strategies for Success
For a business to run smoothly, several things need to come together to create the perfect strom. One of those things is zero chargebacks and avoiding high transaction fees. For ecommerce businesses, this can be tricky. In fact, in 2023, there were in excess of 238 million chargebacks. For all businesses, this is an issue, […]
Unraveling the Complexities of PayPal Locked Accounts: A Deep Dive
When it comes to payment systems, PayPal is a popular choice, and many business and personal users rely on it to transfer funds in a timely manner. However, if your PayPal account is locked, it can lead to a serious headache. While the reasons behind a temporary hold or restriction on an account are numerous, […]
How To Reduce Churn Rate in Your SaaS or Subscription Service
SaaS and subscription services are more common and popular than they’ve ever been before. Think about businesses such as Netflix or Shopify to name just two. These are household names, showing the convenience attached to either subscribing or using such a service. If you’re running this type of business, you’ll no doubt keep a very […]
Mastering the Complexities of Online Travel Agency Payment Processing
The online travel agency industry is growing year upon year. In fact, it was valued at $512.5 billion in 2023. Looking to the future, that number is expected to increase by up to $1.26 trillion by 2032. That’s an impressive figure, but it masks the realities faced by online travel businesses, particularly those related to […]
Mastering Unconventional Growth Strategies for High-Risk Merchants: A Comprehensive Guide
Growth is important for every single business, but it’s certainly more challenging for some than others. Take high-risk businesses, for example. The very nature of a high-risk classified business means that it faces more stringent regulations and legal issues, a higher incidence of chargebacks, and it takes a lot more effort to convince customers to […]
Categories
Popular Posts
Ready to transform the way you do business?
Don’t settle for less when it comes to payment processing. With PayCompass, you get smarter, faster, and more reliable solutions tailored to your unique needs. Join thousands of businesses who trust us to keep their business moving forward.
