To provide an incentive for issuing banks to issue more cards and acquiring banks to add more merchants and thus expand the network, the bank card brands established interchange.  Interchange allocates the costs and revenues of the completed transaction between the issuing bank and acquiring..

Load Balancing for High Risk ProcessingMany high risk merchants have more than one merchant account. The reason is easy to understand.Relying on a single bank for high risk processing is no longer viable. Underwriting guidelines change. Banks get acquired or merge. And often times, a bank will..

Okay, get your mind back on track here.  We’re talking about front and back ends in payment processing.Certainly not as interesting as your original thoughts, I’m sure.These terms are tossed about by merchant account providers.  If you want to impress, mention them yourself.  If you want to..

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..