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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25 High-Risk Industries According to Banks: A Comprehensive Guide
It’s easy to assume that banking services are out there for everyone. That it’s an inclusive service that serves the greater good. While in most cases that’s true, there are some industries which find it difficult to access traditional banking services, making their business operations tricky, to say the least. However, this isn’t just because […]
25 PayPal Restricted Businesses You Need to Know About
Everyone knows the name PayPal. It’s a global entity that has almost become a household name. So, with that in mind, you’d assume that it does everything you ask of it with no problems. If you think that, you’d be incorrect. PayPal had 434 million active users in December 2024, so we’re talking about a […]
Mastering 3D Secure Payment Gateways: A Comprehensive Guide
In the digital age, online safety is more important than ever before. Of course, we know about using a VPN, not giving out information willingly, and never sharing passwords, but what about payment security? That’s where 3D secure comes in. When paying for goods and services online, the 3D secure payment gateway becomes an invaluable […]
21+ Stripe Restricted Businesses You Need to Know About
Running a business brings many challenges. From attempting to outdo your competitors to identifying new market opportunities, there are countless things to think about. With that in mind, payment processing issues aren’t something you really want to over-complicate matters. After all, you have enough problems. Despite that, a huge number of businesses, and even entire […]
Unmasking the Shadows: A Deep Dive into Modern Types of Credit Card Fraud
Not everyone has pure intentions; there are many scammers and fraudsters out there who are keen to steal your credit card details and extract money from you. The most worrying thing is that all of this happens so easily. According to studies, global credit card fraud will hit $43 billion by 2026. Within that, 150 […]
Merchant Account Limits: What They Are and How to Increase Them
When you’re running a business, even the smallest payment problem can throw you into a world of issues. From chargebacks to disputes, your daily operations go from smooth to rocky. Another issue is exceeding your merchant account limits, perhaps without even realizing it. What happens then? Your transaction halts and your account is frozen. It’s […]
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