Business Resources Center
A chargeback is a transaction reversal to the customer/card holder’s issuing bank. The funds from the original transaction, often a credit card transaction, are deposited into a business bank account and are then returned to the consumer’s issuing bank.
With the evolution of the finance industry, which has now moved to cashless payments and virtual currency, handling the flow of money has become extremely tricky for business. There are multiple levels of classification, verification & compliance that every business has to deal with. And these characteristics in turn determine the nature of a business as either high-risk or low-risk.
Everything you need to know about ecommerce payment systems and what works best. When setting up an ecommerce business, it is given that you will need a solid method of online payment for your customers. This system must not only be robust but also easy to navigate for your customers and at the same time secure enough to ensure that there is no breach for your clients as well as your business.
Miami Based FinTech Company Launches Payment Technology Focusing on Securing Businesses Against Fraud
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New Rules from Visa/ Mastercard
The global pandemic of COVID-19 has hit the corporate sector with great impact. Businesses have been forced to deal with unprecedented challenges, with some shutting down altogether. In response, Visa and Mastercard have temporarily suspended some of the card brands regulations used to monitor and manage merchant risk.
It takes one scroll through Twitter to feel like doomsday is on the horizon. COVID-19 has spread through the financial markets just as fast as it spread across the world.
Banks are asking for bailouts, lenders are no longer interested in certain industries, and small businesses are just wondering - am I going to make it?
Did you know that, according to Global Workplace Analytics, half of the worldwide workforce currently works in some kind of telecommuting role? It’s true and, in addition, 80 to 90 percent of the world’s employees say that they would like to be working remotely for at least part of the time. So, what does this mean for you as an owner/manager? It means that you could offer remote opportunities to your workforce because it can be an enticing method for gaining more productive workers without increased payment on your part.