Concepts

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

Why Payment Platforms Should Support Cryptocurrencies

In our previous articles we stressed the importance of supporting different payment types, including credit/debit cards [...]

Cross-border Transaction Processing Fees

We are often getting questions regarding cross-border transaction processing fees. Why are cross-border transaction fee [...]

Merchant of Record and Payment Facilitator

In this article we are going to explain the merchant of record concept. We will also outline the differences between me [...]

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.  [...]

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 [...]




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