Concepts

A category of articles familiarizing merchants with key payment processing concepts.

Acquirer, Processor, Gateway: who is who?

Recently we have been receiving questions like: “Who runs the risk of underwriting: the gateway, the payment processo [...]

Why You Need Acquiring Bank Partnerships

What is an acquiring bank? Companies that want to have their own payment gateways (become payment gateway providers) of [...]

Demystifying Bank Transfers

Many people, trying to create payment systems at different levels, often face the question of how to transfer funds fro [...]

Credit Card BIN Files

Most modern-time credit card fraud protection tools are based on geo-location principles, IP-address filtering, and car [...]

Chargeback Handling Lifecycle

In this article we are going to address the concept of credit card chargebacks, focusing on chargeback’s lifecycle. I [...]

Payment Card Transaction Decline Codes

The purpose of this article is to explain the most common reasons of payment card transaction declines. Due to some cha [...]

Offline Processing: Store-and-forward

The purpose of this article is to describe the store-and-forward mechanism implemented in payment gateway software in t [...]

PINless Debit Card Networks

The purpose of this article is to familiarize the key merchant services industry players with the advantages of integra [...]

Accepting Credit Card Payments in Different Currencies

The purpose of this article is to familiarize merchants and other merchant services industry players with the key issue [...]

Merchant Services Commissions Sharing

The purpose of this article is to familiarize the key players of merchant services industry with the important approach [...]

Payment Concepts: Declined Card Transaction Recycling

The purpose of the current article is to familiarize merchants with the concept of declined credit card transaction rec [...]

Payment Concepts: ACH Returns

The purpose of this article is to improve the understanding of ACH processing and the concept of ACH returns among merc [...]




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