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Category: Payment Processing
Provisional Credits: What Are They and What You Need to Know About Them
In the world of payment processing, there are few words more nerve-wracking than “chargeback.” All business owners know how damaging these payment reversals can be. However, o...
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Paypal Seller Fees in 2023 - A Comprehensive Guide
You won’t find an online payment option simple and more convenient than PayPal. The app is incredible when meeting small businesses' and freelancers’ needs. With PayPal, custo...
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eBay Merchant Accounts: A Comprehensive Guide
eBay is one of the largest online marketplaces in the world, and as such it grants sellers access to an unparalleled user base to sell their goods to. However, not many understand...
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The Ultimate Guide to Hotel Payment Processing
Even though payment processing may not seem exciting, it is an essential component of the overall financial health of your hotel, especially as your hotel expands and more credit ...
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Credit Card Decline Codes Explained
Whether you are a business owner or a frequent shopper, you’ve probably run into a declined credit card payment at least once. Declined payments can be due to a wide variety of ...
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What Is an EFT Payment?
You can send money between banks and individuals over an online network using an electronic funds transfer (EFT). EFT payments are frequently utilized to facilitate transactions r...
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Original Credit Transaction – What is OCT? / Account Funding Transaction – What is AFT?
Payments in real-time are rapidly becoming the de facto standard of the payments industry, given how fast and seamlessly everything happens. Users simply save their credit card or...
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What Does an Acquirer Mean? Why You Need an Acquirer for Payments Processing
One of the very first things businesses look to do when they are starting up is to start accepting card payments for their goods and services. Merchants need to set up a merchant ...
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A Complete Guide to Transaction Descriptors
Right now is a great opportunity to build a good understanding of how payment processing works. New business activity has been ramping up over the past few years while simultaneou...
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