Keeping customers happy and coming back for more is super important for online businesses, especially those that face more risks than others. Thanks to digital gift cards, this is becoming a reality. But why are they so helpful for high-risk businesses? Let’s take a closer look. What Are Digital Gift Cards? Digital gift cards are […]
Category: Credit Cards
Credit Card Loyalty Programs: Best Examples
Credit card companies have offered rewards credit cards since the early 1980s, when airlines developed credit card loyalty programs for frequent flyers. These rewards programs serve as incentives for consumers to use their cards for purchases, while issuers use them to encourage cardholder loyalty. Read on to discover the best programs available today and learn […]
Interchange Fees Explained: Pricing, Charges, Calculation
Credit and debit card payments are not just an optional method of payment, they are a necessity, especially if you want to improve the customer payment experience. However, providing such payment options to your customers means you need to pay interchange fees. What’s also important is that you understand these fees and how they can […]
eCommerce Payment Trends: Early Predictions for 2025
Worldwide eCommerce sales are projected to reach $8.1 trillion by the end of 2026! Let that sink in for a moment. Part of this huge increase is due to the convenience of digital payments – customers don’t have to go to the store anymore to purchase whatever they want. They can do it by clicking […]
The Role of AI in Payment Processing
Traditional payment processing involves dealing with transactions between businesses and customers. This includes authentication, authorization, and payment settlements. Slowly, but surely, the traditional way of doing things is giving way to a new set of technologies. AI in payment processing has shown that it can greatly improve efficiency, enhance security, and take user experience to […]
How to Reduce Credit Card Processing Fees for Your Business?
Credit card processing fees are a serious expense for many businesses, especially those in retail, e-commerce, or the service industries. These fees, which can range from 1.5% to 3.5% per transaction, can quickly eat into your profit margins. This is why a good understanding and managing of these costs is crucial to maintaining a healthy […]
Your Guide to Handling Payment Disputes and Chargebacks
Navigating disputes and chargebacks is crucial for businesses, especially those in high risk industries. This article explains the transaction lifecycle, chargeback process, unique challenges faced by high risk businesses and how specialized processors like Electronic Transfer. Inc can help protect your business and revenue. Keep on reading. Transaction Lifecycle Understanding how transactions work is the […]
Reliable Payment Processing Providers for FFL Dealers
The fastest vehicles on the information superhighway today are computers. That said, we cannot deny the important role contemporary technology has played in making life easier and more effective. With just a few clicks, we can now talk to our loved ones across the world or make simple purchase online. Speaking of purchases, it is […]
The Essential Guide to Credit Card Processing for High-Risk Businesses
When it comes to dealing with credit card payments, some merchants are considered “high risk”. This label means that legal business owners are given fewer choices for payment processing. The solution to this is to find a reputable credit card processing provider capable of handling high-risk merchants. In this article, we’ll discuss the essential aspects […]
2A Friendly Credit Card Processors [What You Need to Know]
The American firearms industry has prospered in recent years, with over 13 million firearms manufactured in the U.S. in 2022 alone. Furthermore, the gun manufacturing market is expected to keep growing. Despite these encouraging estimations, though, new vendors that try to enter the market find out soon enough that they need 2A friendly credit card […]