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,…

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

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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…

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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.

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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…

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

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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…

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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.

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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…

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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.

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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…

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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.

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Credit Card Processing, ecommerce, Security and PCI Compliance

Using American Express SafeKey

Available from American Express, SafeKey provides an addition layer of protection for online transactions made with an American Express card. What is American Express SafeKey? SafeKey 2.0 How it Works Benefits of Implementing SafeKey Does it cost money to use American Express SafeKey? How to Implement SafeKey Taking American Express What is American Express SafeKey?…

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The major card brands offer advanced anti-fraud tools for businesses willing to use them, and SafeKey is one such tool.

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Business, Credit Card Processing, ecommerce

What Changes Will the Internet of Things Make to Payments?

While they provide tremendous convenience, it’s also vital to properly secure IoT products, especially if they have access to our financial details. Let’s take a look at the IoT, explain what it is, how it’s integrating payments, and the impact that will have on consumers, manufacturers, and payment providers. What is the Internet of Things?…

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Imagine a world of 20 billion connected devices, all transmitting and receiving data. Now, imagine that a good portion of these devices can make payments and order products and services on your behalf. That’s not just in your head — that’s the Internet of Things (IoT), and as time goes on, these devices will be everywhere.

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