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..