Negative Option Billing: Payment Risks for Subscription Merchants
When companies use negative option billing, it creates a disproportionate number of chargebacks because of how the model works. Future charges continue unless the customer cancels, so many customers end up paying for subscriptions they no longer want. Negative option billing is legal when merchants clearly disclose terms and obtain proper consent. While there’s nothing […]
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Embedded Payments for Travel Agencies: Key Advantages
When you’re shopping for a product, it’s annoying when an entirely new tab pops open each time you click on an item. By the time you finish shopping, you can easily have a dozen tabs running. Worse still, many companies deliberately have their systems set up so that a new tab appears when it is […]
Failed Payments: Why Transactions Don’t Go Through and How To Fix Them
As a company, you invest a significant portion of your time and resources into customer acquisition. From advertising your products to cold calling leads, your marketing costs are a major investment. The last thing you want to do is waste all of your marketing effort on failed payments. It doesn’t matter how many customers walk […]
High-Risk Merchant Account Instant Approval: Myth vs Reality
If you’re considered a high-risk merchant, getting a merchant account set up can take time. It can take anywhere between a few days and a few weeks to set up your account. While there are many ads boasting high-risk merchant account instant approval, the reality is that this just isn’t possible. Instead, most of these […]
Fast Credit Card Processing Explained: Why Payments Take So Long and How to Fix It
When credit card processing is delayed, it can take significantly longer for your company’s money to end up in your merchant account. By understanding how this process works, you can figure out when your money will arrive and how to achieve a fast credit card processing speed. So, why do credit card payments take so […]
Visa VAMP Changes Are Crushing High-Risk Merchants – Here’s What You Need to Know
Fraud is a major problem these days. Of course, it’s been an issue for a while, but with the sophisticated technology we have at our disposal, fraudsters find more opportunities to wreak havoc. This situation has pushed financial institutions and payment processors to do more to protect businesses and customers, leading to the birth of […]
B2B Payments: The Hidden Money Moves That Make or Break Your Business
There are many different types of payments that flow through payment processing systems every day, in fact, every single minute. Many of those are B2B payments, keeping the commerce industry ticking along. Many of those are B2B payments, keeping global commerce moving. According to 2024 NACHA data, the ACH network alone processed $58.24 trillion in […]
