Clearly Payments

NOVEMBER 18, 2024

Reputation risk: Excessive chargebacks can damage your standing with card networks. Operational challenges: A high chargeback ratio could lead to higher processing fees or the loss of your merchant account. Analyze the reason code provided by the card issuer to determine the cause of the chargeback.

PCI DSS

Fi911

MAY 22, 2024

When merchants accept credit card or debit card payments, the hope is that the funds from that sale will remain in their account as revenue. In this article, we will delve into the topic of credit card payment reversals. Require Card Verification Value (CVV) numbers for online purchases.

Payer

PayHawk

APRIL 18, 2023

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. Automated Clearing House (ACH) An electronic network that enables the transfer of funds between bank accounts.

Process

Stax

JANUARY 10, 2024

The exact rate can vary based on several factors, including the type of card used (debit or credit), the card brand (Visa, MasterCard, etc.), In addition to generating revenue for the card network, the purpose of credit card transaction fees is to cover operational costs and risk management. Account fees.

Credit Cards

Clearly Payments

DECEMBER 3, 2024

Use address verification systems (AVS) to prompt customers to correct mismatches. Expired Card (5-10% of declines) A cardholder may unknowingly attempt to use an expired card, leading to a declined transaction. Encourage customers to update their card information regularly in their accounts.

Credit Cards