Posts by: elevate
April 15, 2021
What Is A Chargeback And Why Does It Occur?
Security stakes are the central concern when people turn to credit card payments. When the customer informs the bank about any fraudulent activity or transactions in their account, the bank transfers back the said amount in some cases. In simple terms, this is called a chargeback. (Image[…]
April 13, 2021
Things to Know About Nutraceutical Payment Processing
Few sectors have such a strong influence on the population of the United States as the nutraceutical industry. However, retailer accounts for accepting credit cards are also a concern for nutraceutical companies. Even though over 75% of adult Americans take a dietary supplement, this is the case.[…]
April 10, 2021
What Is Considered a High-Risk Merchant?
The high-risk merchant list: It’s a list some businesses are destined to be on, and it can impact their ability to function. Businesses working with banks or processing merchants are usually placed in one of two categories: high risk or low risk. Below, we’ll explore what those[…]
April 10, 2021
What Is A Chargeback Fee And Who Pays A Chargeback Fee?
Chargebacks are a serious thing in businesses today. Not only can they threaten the company’s reputation but they also may cause merchants not to be approved for their accounts. They can also be the reason that companies report a loss time and time again. Chargeback don’t just[…]
April 10, 2021
How to Prevent Credit Card Fraud for Your Merchant Account?
One of the things that credit card fraud targets are merchant accounts. It can be very easy for credit card fraudsters to leave business owners’ financial transactions vulnerable to fraudulent activities. This situation can lead to serious financial consequences. In this article, we will explain how to[…]
April 10, 2021
9 Challenges Every High-Risk Company Faces
The continuous growth of a business requires discipline and this indirectly affects customer satisfaction and company revenue. The success of your company may be your main goal, but the business risk in the sector you are doing may prevent you from reaching your goal. A company is[…]
April 5, 2021
Reasons Why Nutraceuticals are Labelled High-Risk
By 2022, the worldwide nutraceuticals industry is expected to be worth $302,306 million. This is an increase from $184 million in 2015. Nutraceuticals have grown in popularity as prescription medicine costs rise and the population becomes more health-conscious and invested in optimizing their health in new and[…]
March 18, 2021
Payment Gateway vs. Merchant Account
Every seller on the internet requires a reliable tool to receive and manage payments. Having either a merchant account, a payment gateway, or a payment service provider is very important. Sometimes, various businesses tend to face a dilemma in choosing which option is the most appropriate for[…]
March 15, 2021
Online Payment Processing for Collection Agencies
Most customers have a poor perception of collection agencies. However, If the necessary procedures are implemented, possible problems can be avoided. Payment processing for collection solutions reduces negative experiences while increasing repayment returns. While increasing your income with collection solutions, you will obtain more efficient results in[…]
March 3, 2021
A Step-By-Step Guide to Understanding the Payment Industry in Layman’s Language
The Payments Industry is a fast-paced environment that is continually evolving owing to new payment systems, mergers and acquisitions, and technological advancements. We see payment processing firms play a more prominent position in the payments market. Particularly as technology advances, many of them partner with conventional financial[…]
Recent News
What’s the Difference between Chargeback vs. Refund?
April 27, 2021
What Is A Chargeback And Why Does It Occur?
April 15, 2021
