Online Merchant

Chargeback fee

Posted on 09. Feb, 2009 by admin.

The chargeback is the largest risk that is presented to banks and providers and therefore their biggest fear. This is not to be confused with a refund, which is simply a merchant refunding a transaction. In the Visa and Mastercard rules, the merchant’s processing bank is 100% responsible for all the transactions that the merchant [...]

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Merchant Account Marketing

Posted on 09. Feb, 2009 by admin.

Merchant accounts are marketed to merchants by two basic methods: either directly by the processor or sponsoring bank, or by an authorized agent for the bank and additionally directly registered with both Visa and MasterCard as an ISO/MSP (Independent Selling Organization / Member Service Provider). Marketing details are by card issuers like Visa and MasterCard, [...]

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Real-Time Credit Card Transactions

Posted on 09. Feb, 2009 by admin.

When customers press the ‘Purchase’ button on an order form, the information is transferred to the server. But, what happens after the server receives the information? The diversity of technical solutions is enormous. The solutions differ by price, security features, level of automation, and many other factors. This article discusses which solutions are better.
The major [...]

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