What is Payment Tokenization?
Tokenized data is a technology that essentially helps to ensure sensitive information is protected from prying eyes. This tech includes a one-time-use token that is almost impossible for scammers
What is a Customer Pain Point?
Friction in the customer experience isn’t always preventable. It can also seem like a vague concept without a firm definition. But, all confusion aside, this is one area that
What are Common Signs of Online Fraud?
Fraud is a threat to all merchants. However, some businesses in the card-not-present (CNP) space are more vulnerable to fraud than their brick-and-mortar counterparts. In fact, recent studies show
What is Ethoca Consumer Clarity?
Consumer Clarity by Ethoca is a dispute resolution platform now owned by Mastercard. The resolution tool, formerly known as Eliminator, performs many of the same tasks as Verifi Order
What are Interchange Fees?
Interchange is a structured fee paid by the merchant’s bank to the cardholder’s bank. This fee is determined on a per-transaction basis and deducted from the transaction amount prior
What is a Payment Processor?
Credit cards were used to purchase $188 billion in merchandise in 2020. Savvy merchants understand that they must take credit and debit card payments to run a successful eCommerce
What are Chargeback Alerts?
Global chargeback volume grows by 18% each year, accounting for a nearly $20 billion loss annually. This is bad news from anyone’s perspective, even consumers. Thankfully, merchants and banks
What are Issuer Declines?
A declined transaction is rarely the herald of glad tidings for merchants. Whenever an issuing bank declines a debit or credit transaction, there’s usually a reason, and their outcomes
What is a Code 10 Call?
Is there a way to verify the cardholder’s information and alert the card network to possible fraud without offending a legitimate customer? Yes, as a matter of fact, there
What is Address Verification Service (AVS)?
Merchants are in a constant battle to protect their revenue and prevent credit card fraud. With the rising number of card not present transactions, merchants are relying on automated