Frequently asked questions in payments related sphere.

How to decrease transaction decline rate in recurring billing?

How to reduce the number of credit card transaction declines in recurring billing environment? There are many common re [...]

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 [...]

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