How to reduce the number of credit card transaction declines in recurring billing environment? There are many common re [...]
FAQ
Frequently asked questions in payments related sphere.
What is payment aggregation?
Payment aggregation is a processing arrangement when a large business (called the aggregator) is processing transaction [...]
What is a credit card descriptor?
What is a credit card descriptor (soft descriptor)? A credit card descriptor is a text, rendered on a cardholder’s st [...]
What is a recurring billing?
What is the difference between committed and uncommitted recurring billing? Recurring billing is a process when a merch [...]
What is payment gateway software?
Payment gateway software is a server application facilitating exchange of payment related data (cardholder and transact [...]
What is an ACH payment gateway?
An ACH payment gateway is a kind of payment gateway that allows to process ACH transactions. Usually it connects to var [...]
What is a credit card chargeback?
A credit card chargeback is one of the customer protection means. Credit card chargeback is a dispute between a cardhol [...]
What is credit card tokenization?
What is a credit card tokenization and payment tokenization? Credit card tokenization is an approach used by businesses [...]
What is a payment service provider?
What is a payment service provider or PSP? A payment service provider (or PSP) is a company facilitating different type [...]
What is a credit card BIN?
CC BIN abbreviation stands for credit card bank identification number. Card BIN includes the first 6 to 9 digits of cre [...]
