When a customer’s items don’t arrive or they’re overcharged, they often reach out to the business first. If the customer can’t get help through the merchant, they may decide to file a chargeback instead.  For the merchant, chargebacks are more costly than basic returns and involve an onerous investigation process. Each one is assigned a […]

In the United States, there were 323,459 cases of credit card fraud in the first half of 2025. Unfortunately, this was a 51% increase from the year before.  Credit card fraud, hacking, and unauthorized transactions aren’t just a problem for consumers. Whenever a card is used for a fraudulent or unauthorized purchase, it can result […]

Credit cards rest on decades of innovation and regulation, as they began as store-based credit and metal charge plates and evolved into global networks that banks and merchants use every day. These systems now govern everything from transaction approval and chargeback handling to pricing and fraud prevention. For any business processing payments today, this development […]

Having the right salon credit card processing system is essential if you want your business to operate smoothly. Thirty years ago, beauty salons could reasonably expect many of their customers to pay with cash or checks. Today, the majority of your clients want to pay with a card or mobile wallet. By making sure you’re […]

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 […]

In an ideal world, fees wouldn’t be a thing and everyone would keep whatever profits they made. Yet, you could argue that would be unfair to the companies that help to move your money from place to place – they have to earn their cut somewhere along the line, after all. That’s where credit card […]

Nonprofit organizations do amazing work. They’re mission-driven rather than focusing on profits, and anything they do make is reinvested back into their work. So, you can imagine that paying large amounts in fees isn’t ideal when they’re trying to support communities and drive positive change.  For most businesses, payment processing is a pretty simple deal. […]

There are many types of credit card fraud around; in fact, the sheer scale of it might surprise you. While it shouldn’t make you feel unduly unsafe whenever you shop online or use your card in an ATM, it’s important to always be aware of the ‘what ifs.’ After all, you don’t want to hand […]

Since the 1970s, the American Bankers Association has served as the registered authority for bank identification numbers (BINs). Originally, the American National Standards Institute (ANSI) and the International Organization for Standardization (ISO) first invented this system to help with speeding up transactions, simplifying the authentication process, and preventing identity theft.  Today, your bank identification number […]

The acronym CVV stands for Card Verification Value, though you might also see it called Card Verification Code (CVC) or Card Identification (CID). This security feature plays a big role in protecting both businesses and customers from fraudulent transactions. The Federal Trade Commission reported that consumers lost more than $12.5 billion to fraud in 2024, […]