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Credit Card Processor for Firearms Dealers

Americans love guns. As the most heavily armed nation in the world, America leads the world in private civilian gun ownership, with over 120 guns per 100 civilians. With a third of United States households owning at least one gun, the firearms industry in America is easily the most thriving private arms market globally. Due to the controversial nature of the firearms industry, this sector is regularly considered “high-risk”, [...]

By |2019-04-09T18:51:49+00:00April 1st, 2019|blogs|

Card Not Present Transactions

In the past, if a customer did not have a physical debit or credit card on them, it would be nearly impossible to make a purchase. Not in today’s world. A customer can complete a purchase today without being physically present. This type of payment option is called a card-not-present (CNP) transaction. This type of transaction occurs when either the cardholder is not present or the credit card is [...]

Preventing Credit Card Fraud

Credit card fraud is no joke; according to Forbes, merchants in the United States are losing approximately $190 billion a year to credit card fraud. Customers of banks lose around $4.8 billion, with banks themselves losing an additional $11 billion. The scale of this problem is massive, with credit card losses equivalent to the total annual energy spending in the USA (which is about $140 billion). This is the [...]

Top 10 Chargeback Facts You Should Know

1. A chargeback is a bank-issued refund For reasons of simplicity, this is the best working definition of a chargeback. Chargebacks are filed by the consumer/card-holder regarding a transaction for which they used their bank-issued card. There are a few classifications of disputed claims, which we will cover shortly. The chargeback process allows the customer to circumvent the merchant refund request and address the bank directly, initiating the chargeback [...]

By |2018-12-31T21:15:28+00:00December 31st, 2018|chargebacks, merchant processing|