Clearly Payments

FEBRUARY 10, 2025

From hidden fees to chargeback risks, theres a lot that payment providers dont always disclose upfront. Chargebacks: A Hidden Risk A chargeback occurs when a customer disputes a transaction, and the money is refunded to them, often at the merchants expense. Here are some chargeback facts: Small businesses lose an average of $3.75

Small Business

EBizCharge

MARCH 18, 2025

By protectin g payments in Sage 100, your company can reduce the risk of data breaches and fraud, ensuring a secure experience for all parties involved. Poor PCI compliance: Poor PCI compliance that fails to meet industry security standards can put businesses at risk due to increased vulnerabilities and potential penalties.

Credit Cards

Clearly Payments

NOVEMBER 18, 2024

Reputation risk: Excessive chargebacks can damage your standing with card networks. Effective chargeback management mitigates these risks while protecting your bottom line and customer relationships. Fraud Prevention Tools : Use CVV verification , address verification systems (AVS), and machine learning algorithms.

PCI DSS

EBizCharge

NOVEMBER 27, 2024

Features like Address Verification Systems (AVs), Card Verification Value (CVV) checks, and encryption protocols protect sensitive customer data and minimize chargebacks. By working with Internet merchant account providers, businesses can ensure their payment systems are robust and reliable.

Accounts

EBizCharge

MARCH 3, 2025

This feature automates payment collection, reducing the risk of late payments and improving cash flow consistency. Using Acumatica Scheduler allows businesses to set up recurring payments, schedule batch processing, and automate invoicing, eliminating the need for manual entry and reducing the risk of errors.

Credit Cards

Segpay

APRIL 16, 2024

Merchants should implement robust fraud detection tools, such as address verification systems (AVS) and card verification value (CVV) checks. To mitigate this risk, merchants should ensure that their billing descriptors are clear and recognizable on cardholder statements.

Disputes

Stax

JANUARY 10, 2024

In addition to generating revenue for the card network, the purpose of credit card transaction fees is to cover operational costs and risk management. The purpose of an interchange fee is to compensate the card issuer for the risk and operational costs associated with providing the credit or debit card service to the customer.

Credit Cards