China Union Pay Merchant AccountsOffering China Union Pay at checkout is part of the strategy to get more orders from Chinese customers. Yet companies that have the card often complain that millions of dollars in sales are being lost.The main issue is that the payment page times out before the..
High Risk Merchant Accounts TypesBanks classify certain types of business as high risk merchant accounts. Statistically, high risk merchants have a greater likelihood of chargebacks and fraud, increasing the chance of financial losses for acquiring banks.Companies in any industry with fast growing..
Travel Industry Payment ProcessingMore than 50% of all travel reservations are now made online. Travel and hospitality is the world's largest industry. The World Travel and Tourism Council predicts sales revenues in excess of US$15 trillion by 2017.All types of travel merchants need processing..
Depending on one acquiring bank for payment processing is a risky proposition in today’s volatile banking environment. Multiple payment processing accounts are strategically desirable for ecommerce merchants to ensure processing can continue uninterrupted.How Changes in Banking Regulations..