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Chargebacks: A Survival Guide

Cardfellow

Even when a dispute is unsuccessful, the acquiring bank will withhold payment for any chargebacks until the matter is resolved. Add in the fees charged by banks and processors, and even disputes which turn out in your favor can be expensive. EMV Liability Shift Non-Counterfeit Fraud 10.3: Card Recovery Bulletin 11.2:

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The Ultimate Guide to Accepting Credit Card Payments

Stax

The customer Put simply, this refers to the cardholder who uses their debit or credit card to pay for the products or services. Acquiring bank This is the merchant bank that allows the business to receive money from card transactions and store these funds. Think: Visa, Mastercard, American Express, and Discover.

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Everything You Need to Know About Credit Card Processing

Stax

Credit card processing can be overwhelming, expensive, and confusing. And yet, accepting non-cash forms of payments is more or less required to operate a modern business, at least in the U.S. TL;DR There are several parties involved in credit card processing. You also have to be mindful of the costs of credit card processing.

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How to Choose the Best Credit Card Processing Company for Your Business

Stax

In this article, we’ll help you figure out which of them may be the best credit card processing companies for your business needs. TL;DR Processors act as the middleman between your customer’s card and your bank, but not all are created equal—some offer better service, pricing, and tools than others. Let’s get started.

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Looking for the Best Payment Gateway? Here’s How to Choose the Right One

Stax

In turn, the payment processor ensures a seamless transfer of the information between the merchant, issuing bank, and customer. Interchange-plus pricing – Involves interchange fees and card association fees plus an agreed markup. Today, many payment gateways work as payment processors. This is known as the settlement time.

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Paymentology Supports Diamond Trust Bank to Drive Financial Inclusion in Kenya

The Fintech Times

Paymentology , the global issuer-processor, has joined forces with Diamond Trust Bank , a tier-one East African commercial bank, in a move hoping to help drive financial inclusion in Kenya through the embedding of financial services, and deployment of Cards-as-a-Service (CaaS).

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Are New Prepaid Card Regulations Too Much?

PYMNTS

According to Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, the recently released regulations on prepaid cards from the Consumer Finance Protection Board could be another instance of good intentions gone wrong. Around the Digital Banking world. Time will tell. About The Tracker.