In this article we are going to explain the merchant of record concept and the differences between merchants of record [...]
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 [...]
