In the expanding world of ecommerce credit card fraud, here’s an interesting scam.You might have seen sites offering gift cards for a discount.  You probably figured it was way for folks to pocket some money by simply by selling a gift card they did not want.  Sounds innocent, right?Instead, a..

Contactless card payments have been touted as the next big opportunity in payment processing.  With a contactless card, a consumer simply waves a card at a reader rather than swiping the card.  The best applications for contactless payments are high volume, relatively low ticket environments such..

Ah, chargebacks.  The bane of any merchant accepting credit cards.How can you cope with chargebacks?Here are 5 quick tips that every high risk merchant account can immediately implement.Use address verification.  Internet payment gateways, whether integrated directly through a website or used for..

What is an Acquiring Bank?An acquiring bank is a financial institution which processes card payments on behalf of a merchant. The term acquirer indicates that the bank accepts or acquires credit card payments from the card-issuing banks and processes them on behalf of the merchant.Four Functions..