Remove Agreements Remove Disputes Remove Funds Availability
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Credit Card Processing for Small Business: Everything You Need to Know

Stax

Processing fees : it is paid to your payment processor as compensation for the resources used to facilitate the transfer of information and funds on your behalf. You should check for things like onboarding support, minimal downtime, support for handling chargeback disputes, and responsiveness.

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How Refunds Affect Your Merchant Account

Cardfellow

There typically won’t be an additional processing fee to issue the refund, but whether you get your original processing fee back depends on your processor and merchant agreement. Note: CardFellow members don’t have to worry – our legal agreement with processors requires that they pass interchange credits back to you.

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This Week in Fintech: TFT Bi-Weekly News Roundup 19/12

The Fintech Times

Alto, a platform that enables individuals to invest in alternative assets using their retirement funds, has teamed up with VC firm Alumni Ventures. As part of the agreement, Allfunds Tech Solutions has developed a cutting-edge multi-asset research centre exclusively for Ardan’s advisors.

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ACH vs. Wire Transfers: Which Is Right for You?

Nanonets

Once initiated, you cannot cancel a wire but can be recalled or disputed. However, dispute resolution isn't guaranteed. Debit transfers can also be returned if there are insufficient funds, or they can be disputed as non-authorized within 60 days after the transaction posting.

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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

Chargeback When a cardholder disputes a transaction and requests a refund from their bank or card issuer, resulting in the reversal of the payment. D Debit Card A payment card that enables the cardholder to withdraw funds from their bank account or make purchases with funds available in the account.

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Purchase Order Automation

Nanonets

It is a legal agreement between the buyer and the seller, outlining the details of the transaction and setting the terms of the purchase. The approver verifies that the requested goods or services are necessary, the pricing is reasonable, and that there are sufficient funds available in the budget to cover the purchase.

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What Does Return Mobile ACH Payment Mean?

Payment Savvy

Some of the most common ACH return codes are caused by incorrectly entered information or insufficient funds available, while others can be more complicated and include issues with authorization and more. The most common ones are related to insufficient funds, incorrectly entered information or issues with an account.

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