Merchants
April 27, 2021
What’s the Difference between Chargeback vs. Refund?
A chargeback is a process of returning the amount paid to the relevant credit card if the goods or services that are paid by credit card but are not received in return, or when transactions have not been carried out by the cardholder are detected. Refund is[…]
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[…]
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 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[…]