There is a lot for merchants to learn about EMV and Fraud liability shifts. Ignore the change at your peril! From Creditcard.com: After Oct. 1, 2015, in-store counterfeit fraud liability shifted to the party — either the card issuing financial institution or the merchant — that has not yet adopted chip…
Do you like shopping online? Most people do. In fact online shopping continues to outpace other shopping alternatives. You can shop from the comfort of your own home any time of day. In short, it’s easy and convenient. Unfortunately, the same ease and convenience we all enjoy is also used…
Do You Need a High Risk Merchant Account? As you open a merchant account, however, upon applying, you are notified that your business was deemed high-risk. This can happen for a couple of reasons. These reasons include 1)the type of industry you’re in, 2) your chargeback history, 3) a poor…
Chargeback First Steps If you have an ecommerce business, you’ve probably been hit with a few chargebacks. Fighting chargebacks is not easy business. Across the four major card networks, including Visa, MasterCard, Discover, and American Express, there are roughly 151 chargeback codes. It’s important for businesses to understand the code…