Payment Processing Trends: Why it Pays to Adopt the Latest Tech

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Ever heard the expression “sleep with one eye open”? In simple terms, it means to stay vigilant—to be aware of what’s going on around you, especially where your livelihood is concerned. For merchants, that means keeping tabs on the latest trends in the payments industry, especially when it comes to up-to-the-minute technology solutions. Why adopt […]

How Shopping Cart Abandonment is Costing You Revenue

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Like a shopping cart careening toward a parked car, when customers abandon their carts on your website before making a purchase, the outcome is never good. Each time a customer leaves their shopping cart in the middle of the checkout process, your business loses valuable revenue. In fact, shopping cart abandonment costs merchants trillions each […]

Could You Have Been Hacked and Not Even Know?

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That’s exactly what happened to the Forever 21 retail chain early last year. According to a company press release, hackers first gained access to payment card data in April of 2017. However, their activity went undetected until mid-October, when Forever 21 was alerted to the possible breach by a third party.   Here’s a breakdown […]

So, What Are Chargebacks? Here’s What You Should Know

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Whether you’re a seasoned merchant or a new business adding credit cards to your online, in-person, or mobile payment options, “chargebacks” is a word you don’t want to hear. They often appear without warning and create havoc in their wake when you’re not looking. So, what are chargebacks, anyway, and how can they affect your […]

What You Should Know About the Federal Reserve Scam

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In July 2017, an internet scam provided American consumers with false information that ultimately impacted many merchants and Associate in Risk Management (ARM) professionals across the country. For both merchants and payment processors, the result of such a scam was lost payments and accompanying return fees that left businesses with unnecessary revenue losses. The impact […]