Credit Card Processing, ecommerce

What is SRC and the Universal Buy Button?

As swindlers find it more difficult to rob consumers by impersonating them at brick-and-mortar registers or by skimming their card information, they’re turning to online card-not-present attacks. The Fraud Picture So what is Secure Remote Commerce (SRC) anyway? How It Works SRC: Universal Buy Button Benefits to Businesses Limitations and Negative Perception Rolling Out SRC…

TwitterFacebookLinkedIn

Online payment fraud is on the rise. Secure Remote Commerce aims to curb it.

Read the full article

ecommerce

The Best Shopify Alternatives

Shopify gained popularity as an easy-to-use all-inclusive online store builder. But it does come at a cost. In addition to monthly plans, you’ll also pay credit card processing rates that are on the high side. These costs leave many businesses wondering if there’s an alternative to Shopify that doesn’t sacrifice features. The good news? There…

TwitterFacebookLinkedIn

If you run an ecommerce store, you’ve probably heard of Shopify. The platform offers an “all-in-one” solution with integrated payment processing.

Read the full article

ecommerce, Security and PCI Compliance

Riskified Fraud and Chargeback Management

Riskified is a software-as-a-service company that offers chargeback prevention and fraud management for mid-market and enterprise level businesses, specifically online retailers. The company boasts clients such as Aldo, Skullcandy, Burlington Coat Factory, Mattel, Swarovski, Prada, and more. With fraudsters increasingly turning to the internet as a result of increased in-person security due to chip cards,…

TwitterFacebookLinkedIn

Credit card processing companies offer basic anti-fraud tools and chargeback management, but dedicated solutions can provide greater protection for online sellers. Enter Riskified.

Read the full article

ecommerce

Spreedly – One API, Many Options

In this Spreedly review, we’ll look at how it works, costs, and if it makes sense for small businesses. What is an API? What is a gateway? About Spreedly Card Storage Vault Businesses That Could Benefit from Spreedly International Sales Platforms Connecting to Multiple Sellers Related Third-Party Services Businesses That Want a Failsafe How much…

TwitterFacebookLinkedIn

Offering one API that connects to multiple gateways or third-party services, Spreedly provides options for businesses that want to minimize time spent adding and managing APIs.

Read the full article

ecommerce

Magento Review – Ecommerce Options for Your Business

In this review we’ll dig into Magento including its main features, benefits, customizations, integrations, and payment options. You’ll get a good overview of what Magento can offer you and the insight you need to choose the right eCommerce platform. Types of Ecommerce Platforms Magento Review: Pros Popular Ecommerce Platform Open Source Magento Review: Cons Customization…

TwitterFacebookLinkedIn

Magento is an eCommerce platform that lets you sell products via a website, as an ecommerce shop. It was acquired by Adobe in 2018.

Read the full article

Accounting and Finance, ecommerce

What is Affirm? Understanding Purchase Financing

Affirm is one of the new wave of companies offering point of sale loans to finance purchases. Retailers like ticketing service Eventbrite, retailers Wayfair and Casper, and travel site Expedia offer point of sale financing. Essentially, when a consumer checks out on a website, they have the option of paying by taking out a loan…

TwitterFacebookLinkedIn

Affirm loans are a short-term loan option for financing purchases at the time of sale, with a simple application and no hard credit check.

Read the full article

Credit Card Processing, ecommerce

Mastercard’s AVS Fee

As of 2018, Mastercard set the AVS card-present fee at $0.005 and the AVS card-not-present fee at $0.01. Mastercard Assessment Fees AVS Fee Scenarios Locating the AVS Fee on Processing Statements Lowering Your Processing Costs Mastercard Assessment Fees There are a few different types of fees for credit card processing. Assessment fees are fees that…

TwitterFacebookLinkedIn

There are actually two ‘versions’ of the Mastercard AVS Fee: Card-present and card-not-present. The fee is charged when your business utilizes the Address Verification Service to check that the address provided by a cardholder matches the address on file with the credit card company.

Read the full article

Credit Card Processing, ecommerce

Mastercard Digital Enablement Fee

Let’s take a look at when you’ll be charged, how much, and how to locate the fee. What is the Digital Enablement Fee? Credit Card Assessments Where to Find the Digital Enablement Fee The Digital Enablement Fee on Interchange Plus and Tiered Statements The Digital Enablement Fee on Flat Rate Statements Can I get the…

TwitterFacebookLinkedIn

Wondering about the “digital enablement fee” on your credit card processing statement? Mastercard’s Digital Enablement Fee is a charge to businesses that accept card-not-present transactions, such as ecommerce websites.

Read the full article