Automated Clearing House (ACH) payments are governed by Nacha. When a payment is made, it moves through the ACH network until it reaches the recipient. This type of payment is typically used for direct deposit, automated bill payments, peer-to-peer transfers, and payments to contractors. While the ACH network is extremely secure, ACH fraud can easily […]

If you’ve ever read through your merchant account statement, you’ve likely noticed that the entirety of your company’s transactions doesn’t end up in your bank account. Instead, a merchant discount rate (MDR) is pulled from the payments before the final amount is transferred into your merchant account. To maintain your company’s profitability, it’s essential to […]

Normally, companies process transactions in their merchant accounts. However, payment processing carries risks for the payment processors. Because of this, many merchant account providers do not want to work with a company that has a higher risk profile. If your business has had a high rate of chargebacks or fraudulent transactions, you may struggle to […]

Mail Order/Telephone Order (MOTO) payments first came out in the early to mid-20th century. At the time, mail order catalogs needed a way to accept payments that didn’t involve waiting around for a check to arrive in the mail. The invention of MOTO payments greatly facilitated the growth of mail order catalogs and phone orders. […]

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 […]

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 […]

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 […]

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 […]

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 […]

There’s a common misconception that small businesses are just mini versions of larger ones. People assume they run the same way, just scaled back, and that what goes on behind the scenes is relatively similar.  If you’re a small business, you’ll know that’s certainly not true. Small businesses need their own specialized and tailored approaches […]