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Articles
Why Can’t I use Apple Pay Everywhere?
Apple Pay is accepted by over 85% of Merchants. Yet, it still feels like you need to check if Apple Pay is accepted. Let’s dig into why.
11 Things Every Merchant Needs To Know Before Taking Payments
Payments can be a minefield of fraud, chargebacks, and changing requirements. Not to worry, here’s a handful of tips for Merchants getting started in Payments.
What are the 4 Pillars of Acquirer Risk?
Acquiring Banks risk a lot when bringing on Merchants. Let’s break down the 4 levels of risk that drive Acquirers.
FAQs
Q: What is a MCC?
A Merchant Category Code (MCC) is a four-digit number that indicates a merchant’s line of business, along with the types of goods or services the merchant
Q: What is an acquirer?
An acquirer, or an acquiring bank, works directly with merchants to ensure timely processing and payments of credit card transactions. Acquirers also oversee compliance with
Q: What is a representment?
A chargeback occurs when a consumer disputes a charge on their credit or debit card, and a representment is the merchant’s opportunity to counter the