What Is a High Risk Merchant Account?

Each business that applies for a merchant account is evaluated and determined whether it is low risk or high risk. The main difference is that payment providers monitor high risk merchants more strictly and charge higher costs. Low risk merchants can operate cheaper and more freely. Why are risks important for payment service providers? You ...

card payments online

Points to Consider Before Accepting Card Payments Online

2020 February 12 Payments 0 Comments

A large number of online merchants, especially those focused on the international market, choose credit and debit cards as a payment method for their business. For buyers, card payments seem to be a quick and easy process, as they only need to enter their card details. However, you, an online merchant, should get to know ...

A Quick Guide for Online Dating Merchants

2020 February 4 E-Commerce Payments 0 Comments

As everyday life shifts more and more into the online world, dating has travelled to the web as well. Nowadays, finding a date on an app/website is more common than meeting someone “the old-fashioned way”. There is plenty of different types of dating-related websites/apps, but some of them could be quite ambiguous offering misleading services. ...

credit card processing

How Card Processing Works: Payment Flow Explained

2019 November 19 E-Commerce Payments 0 Comments

You go to the checkout, enter your card details, and, voilà, your order is on the way to you. However, the process that looks so easy from the customers’ perspective is actually very elaborate. This blog post explains card processing in a simplified way. In order to accept payments from customers, an online shop needs a payment gateway, ...

accept card payments

Why Online Businesses Should Accept Card Payments

2019 November 8 E-Commerce Payments 0 Comments

An online business without card payments is like a car with three wheels – it does not run properly. Your e-shop might not last long only with bank transfers and cash on delivery while your competitors accept card payments. So, you should not hesitate to implement this option in your e-shop as well. The main reasons ...

mastercard chargeback reasons

Guide to MasterCard Chargeback Reason Codes

We introduced Visa chargeback reasons in one of our previous blog posts. Similarly to Visa, Mastercard has its special codes for chargeback reasons. Mastercard chargebacks are classified into 4 categories: Authorization, Cardholder disputes, Fraud, and Point-of-Interaction errors. This article will focus on the most frequent Mastercard chargeback reasons to help you understand them better. Authorization-related ...