Buy Now, Pay Later Explained When purchasing a product or service, customers are often provided with several different payment options. Buy Now, Pay Later (BNPL) is an option that
What is the Subscription Business Model? The subscription business model, put simply, is a recurring revenue model. An arrangement between a business and a customer is made, whereby automatic
In the digital financial landscape, the reliability and efficiency of dispute resolution systems are important for maintaining customer trust and operational integrity. The recent Microsoft CrowdStrike outage acts as
Gen Z – The Youngest Generation Targeted by Fraud Generation Z includes those born between 1997 and 2012 – a group otherwise known as the first true ‘Digital Natives’.
The terminated merchant file (TMF) serves as a blacklist in the realm of credit card processing. Businesses find their names here once their merchant accounts are closed or if
Chargeback insurance is a policy that safeguards merchants from financial losses associated with fraudulent credit card transactions. It is meant to shield businesses against losses that could result from
Account takeover fraud happens when a cybercriminal gets access to a cardholder’s online account. This could be anything from your bank account to an email or social media profiles.
In business and finance, there are a few essential terms and processes that every merchant should know. One of these concepts is known as presentment. Presentment is the official
First-party and third-party fraud are simple ideas. The former involves a genuine user falsely claiming a transaction to commit fraud. The latter involves an imposter acting as a real
First-party fraud represents a significant financial risk that occurs after a transaction, and it’s crucial for all merchants to understand this threat to effectively counteract it. First-party fraud occurs
