According to one study, around 11% of e-commerce transactions fail each year. Meanwhile, chargebacks annually cost merchants around $117.47 billion.  While your payment processing tools might be out of sight and out of mind, they can have a real impact on your company’s bottom line. High decline rates, chargebacks, customer abandonment, and fraud can add […]

Authorized push payment fraud (APP) is rapidly growing as a problem, but many businesses remain unprotected. This insidious type of fraud involves a bad actor pretending to be a legitimate vendor, employee, or business partner. Then, the bad actor uses this false identity to trick businesses into sending a payment to them. As a business, […]

Years ago, businesses might wait weeks for a check to be mailed and received from a customer. Even after you dropped the check off at the bank, it could be days until it cleared your account. Today, real-time payments (RTP) have made multi-day waits a thing of the past. These instantaneous payments can transfer into […]

Merchant account holds can immediately disrupt your cash flow and make funding your day-to-day operations difficult. Even when the hold is only for a single transaction, the documentation, reviews, and process can be onerous and inconvenient.  When you are notified about a merchant credit hold for review, it pays to be proactive. Respond to any […]

With machine learning, it’s possible to analyze vast stores of data in minutes. While fraudsters are using artificial intelligence (AI) for criminal purposes, financial institutions can stay one step ahead with AI for fraud detection. As a fraud detection tool, AI is a necessity in today’s environment. Criminals don’t wait to probe your company’s defenses […]

Even though stock market crashes and financial emergencies tend to be rare, they can still happen. Your ability to stay afloat in any market situation depends strongly on whether you have access to cash. With the best business savings accounts, you can enjoy good liquidity and earn interest on your savings. Because you can’t control […]

If you wanted to buy a box of shirts from Thailand to resell in the United States, it would be difficult without a payment gateway. Modern payment gateways allow merchants, vendors, and customers to exchange funds throughout the world. The most difficult part is finding the best payment gateway for your needs. As a merchant, […]

For businesses, figuring out how to set up cryptocurrency payments can feel complicated. You have to integrate each cryptocurrency into your checkout process, figure out how to price products, auto-convert payments, and ensure a seamless process for your customers. On top of that, regulatory requirements vary by country. Once you decide on the best cryptocurrency […]

When someone pays for a family vacation, they’ll likely end up purchasing multiple tickets that can easily run into the hundreds or thousands of dollars. This type of high-value purchase carries risks for merchant account providers, which is why some providers are unwilling to work with airlines.  As an airline or flight operator, you need […]

Behind the scenes, payments are effortlessly routed, verified, authorized, and settled. When payment operations are functioning smoothly, you likely don’t notice or think about them. However, a single issue can quickly derail your company’s cash flow and result in significant costs.  Because of this, it’s a good idea to be proactive about your company’s payment […]