PCI-DSS Protects YouBreaches in card processing security are in the news all the time. Even the largest payment processors are not immune from attack.The rewards of a successful breach are enticing for cybercriminals. Millions of card numbers can be stolen at one time. Cards are used to buy..
Payment Processing for High Risk Merchants Banks classify merchants as high risk when the business is associated with a particular type of industry. Certain industries have a greater likelihood of chargebacks than do others.The potential for more chargebacks increases the contingent liabilities..
The average customer lifetime value (ACLV) is a key measure of profits for businesses offering online subscriptions or on-demand delivery of services. SaaS providers, cloud computing, online entertainment, games, virtual goods, internet services, are among companies that take advantage of..
Card Transaction & Settlement Flow The following participate in processing card transactions for high risk merchant accounts:Merchant Bank Account. This is simply the account where the money settled from the sales are deposited. It is generally the business bank account of the..