Cascading Payments Explained: How Cascading Retries Reduce Failed Payments

Credit card payments may seem simple on the outside, but when you dig further, you’ll find that it’s a complex web that includes several entities and levels. In fact, many people don’t know credit card processing levels even exist. The problem is, without this knowledge, it’s easy to lose money and time because you simply […]

Running a business isn’t just selling goods and services. Of course, you already know that, but do you know how much money is laundered through payment systems annually? According to the United National Office on Drugs and Crime, around $1.6 trillion was laundered by criminals in 2009 alone.  Complying with anti money laundering regulations is […]

Artificial Intelligence is a hot topic, and with good reason. Not only does it hold promise in many making our lives generally a bit easier, but it can also involve itself in fraud detection. In fact, AI payments look set to save businesses a huge amount of money globally by increasing fraud detection measures and […]

High-risk companies have many challenges ahead. Of course, if you’re reading this, it’s likely that you fall into this category and you want to learn more about how you can overcome these problems. One area that’s important to learn more about is high risk MCC codes.  These codes go a long way to deciding whether […]

Let this sink in: According to the US Bureau of Labor, around 20% of small businesses fail within the first year of their existence. Additionally, only one-third stick around for more than ten years. It’s quite a sobering thought, isn’t it? When you have a business idea, your dreams suddenly take over and you imagine […]

If you haven’t paid much attention to your point of sale (POS) system yet, it’s time to do so. Studies have shown that businesses with modern POS systems reduce transaction times by 30%, creating faster service and the ability to serve more customers during busy times. However, a large number of businesses still don’t have […]