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A Complete Guide to Securely Process Credit Cards in Sage 100

EBizCharge

As data breaches evolve and advance, a robust payment processing system that protects sensitive financial information is essential. The Sage 100 system provides comprehensive tools for accounting, financial management, inventory control, manufacturing, and distribution. What is Sage 100?

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The Best Way for a Business to Handle Chargeback Management

Clearly Payments

Mishandling chargebacks leads to financial losses, reputational harm, and can jeopardize your ability to process payments. For businesses, having an effective chargeback management system is important. Prevention Practices Clear Communication : Ensure accurate product descriptions, pricing, and refund policies.

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What are Payment Reversals? Why Do They Happen & How Can Merchants Stop Them?

Fi911

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. What is a Payment Reversal? Payment reversals are common in both online and offline transactions.

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How to Win Chargeback Disputes

Clearly Payments

Best Practices for Specific Chargeback Reasons Chargebacks are a complex and challenging aspect of running a business, but understanding the specific reasons behind them can help merchants develop targeted strategies to address and prevent them. Each credit card network (Visa, MasterCard, American Express, etc.)

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How Much Do Credit Card Companies Charge Merchants?

Stax

Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis. Leveraging technology, monitoring chargebacks, and addressing individual business factors help to reduce credit card fees and improve overall profitability. 2% of the total transaction value.

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Understanding Chargebacks

Segpay

Last year, the payment business suffered an estimated 238 million chargebacks. This is most likely due to the EU requiring that businesses adopt SCA tools like 3DS to authenticate transactions for digital payments. In the world of e-commerce and digital transactions, chargebacks are a significant headache for merchants.