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The Ultimate Guide to Online Payment Processing

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As a business owner, you must have a clear understanding of how online payments processing works to be able to create a hassle-free checkout process that will keep buyers coming back to your eCommerce store. Talk to sales How Online Payment Processing Works On the surface, online credit card processing happens in seconds.

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What is a Payment Processing System and How Does It Work?

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Funds are settled and deposited into the merchant account – Once the transaction has been approved, the funds are deducted from the customers account and deposited into the merchant account or payment service provider account after settlement. Security is the core of any payment processing system.

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The Complete Guide to Merchant Services for Small Business Owners

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They enable secure, efficient in-store and online payment processing and offer flexible payment options that customers demand today. Online payment processing. This service sets up your infrastructure to process website or app-based transactions. eCommerce payment gateways.

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Credit Card Merchant Services: What to Look for (and What Most Businesses Miss)

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A better customer experience Fast, flexible payments are no longer a nice-to-havetheyre expected. With the right merchant services setup, you can offer seamless checkouts across every touchpoint, whether its tap-to-pay in-store or a one-click purchase online. What does your chargeback protection look like?

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What Are Merchant Category Codes (MCCs)?

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Fraud detection and risk assessment: MCCs assist fraud detection and risk assessment operations by flagging suspicious transactions. For example, if a credit card is suddenly used at a pawn shop after being consistently used at beauty shops, this can indicate fraud. The post What Are Merchant Category Codes (MCCs)?

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PayMongo, Vesta partner to boost fraud detection capabilities

The Paypers

Philippines-based online payment processing platform PayMongo has announced its partnership with Vesta to boost its fraud detection capabilities.

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How to Choose the Right Payment Processing Software

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Security features Your payment services provider must be PCI-DSS compliant as a bare minimum requirement, and it should have other robust security features that are standard practice in your industry niche. The payment services provider must be PCI-DSS compliant as a bare minimum requirement to ensure protection from cyber threats.

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